XRP records strongest weekly price gain since 2024 election period

XRP price climbs 5.2% in best week since 2024 election

XRP, a cryptocurrency used for fast and low-cost cross-border payments, recorded its strongest weekly price gain since the 2024 U.S. election period. The digital asset rose 5.2% over the past seven days, reaching $1.39 as of August 20, 2026.

This performance stands out as the best since the crypto market rally driven by the 2024 election, when many digital assets saw sharp increases. The recent rise in XRP’s price coincides with broader gains across the crypto market.

Market performance highlights

• XRP price increased by 5.2% over the past week, its best performance since the 2024 election.
• Bitcoin (BTC), the largest cryptocurrency, rose 6.3% to $77,406.
• Ethereum (ETH), the second-largest cryptocurrency, climbed 3.5% to $2,426.
• Other major cryptocurrencies, such as Solana (SOL) and Cardano (ADA), also saw gains of 4.6% and 9.9%, respectively.

What is confirmed

The price data confirms that XRP’s 5.2% weekly gain is its strongest since the 2024 election period. The broader crypto market also experienced upward movement, with Bitcoin and Ethereum leading the way.

Why this week’s gains matter

The recent price increase for XRP and other cryptocurrencies suggests renewed investor interest in digital assets. While the exact reasons for the rally are not detailed in the source, the timing aligns with a broader market recovery after a period of lower volatility.

Sources

• Decrypt