đ XRP Rockets to $3.40: 10% Daily & 35% Weekly Surge Defies Market Gravity
XRP just pulled off a gravity-defying rallyâsmashing through $3.40 with a 10% daily pump and 35% weekly gain. Traders are scrambling while skeptics mutter about 'irrational exuberance.' Here's the breakdown.
The Numbers Don't Lie
A double-digit daily surge paired with a 35% weekly climb? That's not just a bounceâit's a full-blown market tantrum. XRP's price action is leaving blue-chip stocks in the dust (not that Wall Street would ever admit it).
Why This Hurts Traditionalists
While bankers debate rate cuts, crypto assets like XRP are rewriting the playbook. No permission needed, no middlemenâjust pure, unfiltered price discovery. The irony? These gains probably outpaced your financial advisor's entire 2025 forecast before lunch.
Love it or hate it, XRP's rally proves one thing: in today's market, the 'risky' bets keep printing while 'safe' assets collect dust. Now watch the suits start calling it a 'speculative bubble'... right after they finish filing their buy orders.
Companies and ETF managers pour in as XRP trades near record
Institutional demand is one of the main drivers behind XRPâs current push. Companies like VivoPower and Webus have now adopted XRP as a treasury reserve asset, proving real corporate balance sheet use, not just speculation.
VivoPower is a clean energy firm, while Webus runs a ride-hailing app. Both firms have quietly added XRP to their reserves, betting on the tokenâs stability and future growth.
On the investment side, Teucriumâs Leveraged XRP ETF has pulled in more assets than all of its agricultural offerings combined. The ETFâs share price doubled in July, jumping from $24 to $48.20, which is a 50% gain within just a few weeks. The scale of that inflow shows how deep institutional interest has become.
And the wave isnât slowing down. ProShares is launching three XRP funds this week, each focused on derivatives or futures. These vehicles will give investors tools to bet on XRPâs movement without directly holding the crypto. That includes traders who want more flexible exposure or simply want to take a position in ways that arenât possible through direct buying.
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