• The token has gained 51.8% over seven days, lifting its market cap to $99 billion and cementing the #4 rank.

CoinGecko data shows XRP surged 20.4% to $1.57 in the 24 hours to 07:00 UTC Aug 22, pushing 24-hour volume to $15.01 billion across major exchanges. The move extends a seven-day rally of 51.8% that has lifted the token from $1.03 to its current level, per CoinGecko data. Volume has expanded in step with price. Each of the past six market-pulse snapshots shows 24-hour turnover between $10.06 billion and $15.01 billion, well above the 30-day average near $4 billion. The surge began in the Asian session Aug 21 and accelerated through European hours, with the 07:00 UTC print marking the strongest single-session gain of the week.

Seven-day price structure

The daily OHLC series confirms a stair-step advance rather than a single gap higher. Each session closed above its open, and each close exceeded the prior session's high: per CoinGecko, | Aug 21 | $1.46 | $1.59 | $1.42 | $1.56 | The pattern shows buyers absorbing supply on every dip, with the Aug 19 inside day the only session that failed to make a new high. Since then, range expansion has resumed.

Correlated move in Stellar

Stellar (XLM) climbed 22% over the same seven-day window, per wire reports citing u.today. Both networks target cross-border payments and share a similar investor base; the synchronous advance suggests sector rotation rather than idiosyncratic news. XLM's market cap sits near $14 billion, making its percentage move larger on lower liquidity.

On-chain backdrop

Circulating supply stands at 62.74 billion XRP against a 99.99 billion total cap, per on-chain data. The 37.3% uncirculated portion, largely held in escrow by Ripple Labs, limits near-term dilution risk. No large unlocks are scheduled before the monthly programmatic release on Sep 1. Figures from the desk show immediate resistance sits at $1.60, the 2025 yearly high printed in January. A daily close above that level would open a measured-move target toward $2.00, a round-number magnet cited in multiple wire analyses. Downside support now layers at $1.45 (Aug 20 close) and $1.40 (Aug 18 close). CoinGecko data shows volume-weighted average price (VWAP) for the rally week anchors near $1.38, providing a deeper structural floor.