XRP was trading at $0.52231 by 20:21 (00:21 GMT) on the Index on Wednesday, up 10.34% on the day. It was the largest one-day percentage gain since September 21.
The move upwards pushed XRP's market cap up to $20.52B, or 9.67% of the total cryptocurrency market cap. At its highest, XRP's market cap was $79.53B.
XRP had traded in a range of $0.50822 to $0.52613 in the previous twenty-four hours.
Over the past seven days, XRP has seen a rise in value, as it gained 59.21%. The volume of XRP traded in the twenty-four hours to time of writing was $1.62B or 10.01% of the total volume of all cryptocurrencies. It has traded in a range of $0.32154 to $0.78848 in the past 7 days.
At its current price, XRP is still down 84.12% from its all-time high of $3.29 set on January 4.
Elsewhere in cryptocurrency trading
Bitcoin was last at $6,426.5 on the Index, down 1.50% on the day.
Ethereum was trading at $218.74 on the Index, a loss of 3.47%.
Bitcoin's market cap was last at $111.37B or 52.49% of the total cryptocurrency market cap, while Ethereum's market cap totaled $22.22B or 10.47% of the total cryptocurrency market value.
