XRP Explodes For 25% Weekly Gain: Is A 'Giga Rally' Imminent?

Benzinga

2025/07/12

XRP XRP/USD has rallied 12% on Friday and 25% on the week as traders see a major breakout beyond all-time highs in the making.CryptocurrencyTickerPriceMarket Cap7-Day TrendXRPXRP/USD$2.77 $164.1 ...

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He expects the next decisive move to be a strong leg up, calling for a bullish continuation.\n\nDonAlt echoed this view, stating that XRP is pausing at range highs but is coiled for what he describes as a 「giga go」 move. Given how long XRP has ranged, a strong upside breakout is now more likely if momentum sustains.Statistics: Coinglass data reveals XRP's open interest jumped 20.2%, while derivatives trading volume soared 108.4% in 24 hours. The rally triggered $33.8 million in liquidations, with $28.9 million from shorts — underscoring the intensity of the upside move. Community News: Bitwise CIO Matt Hougan recommended XRP as one of the best tokens for exposure to the tokenization narrative. He advocates investing in a basket of L1s and infrastructure plays including Ethereum, XRP, Solana, and Chainlink.Hougan notes that the XRP Ledger (XRPL) is fast emerging as a serious player in the real-world asset (RWA) tokenization space, with increasing institutional involvement. Holding XRP, he argues, may offer access to long-term gains from this expanding market.Loading...Loading...Read Next: \nXRP Spikes 3%: Is A Breakout Imminent?\n$XRPRipple$2.778.59%Stock Score Locked: Want to See it?Benzinga Rankings give you vital metrics on any stock – anytime.Reveal Full ScoreEdge RankingsMomentum99.49Price TrendShortMediumLongOverview$BTCBitcoin$117329.891.12%$ETHEthereum$2965.400.43%Market News and Data brought to you by Benzinga APIs© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}