XRP was trading at $1.28316 by 17:42 (21:42 GMT) on the Investing.com Index on Monday, up 30.01% on the day. It was the largest one-day percentage gain since April 10.
The move upwards pushed XRP's market cap up to $57.61713B, or 2.95% of the total cryptocurrency market cap. At its highest, XRP's market cap was $83.44071B.
XRP had traded in a range of $1.01794 to $1.34812 in the previous twenty-four hours.
Over the past seven days, XRP has seen a drop in value, as it lost 7.27%. The volume of XRP traded in the twenty-four hours to time of writing was $14.89285B or 9.12% of the total volume of all cryptocurrencies. It has traded in a range of $0.8937 to $1.4624 in the past 7 days.
At its current price, XRP is still down 61.00% from its all-time high of $3.29 set on January 4, 2018.
Elsewhere in cryptocurrency trading
Bitcoin's market cap was last at $990.12905B or 50.64% of the total cryptocurrency market cap, while Ethereum's market cap totaled $282.80671B or 14.47% of the total cryptocurrency market value.