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Ripple (XRP) Leads Weekly Crypto Gains as Altcoins Outperform Bitcoin

Ripple (XRP) Leads Weekly Crypto Gains as Altcoins Outperform Bitcoin

XRP (CRYPTO: XRP) has been the best-performing major crypto this week, rallying around 10% from $1.33 to $1.50 while Bitcoin gained roughly 7% and Ethereum rose about 9%. For the first time in months, XRP is leading the market rather than following it.

Right now, investors are beginning to bet on XRP over leading cryptos like BTC and ETH. According to SoSoValue, XRP ETFs have seen over $50 million in inflows over the last week. This is XRP’s best weekly ETF performance since February, pushing cumulative inflows past $1.25 billion. So what’s actually driving this rally and can it lead to a long term breakout?

What’s Driving XRP’s Recent Price Surge?

Bitcoin and XRP, gold virtual bit coin and xrp money currency on digital candle stick graph chart background

Sorapop Udomsri / Shutterstock.com

XRP’s move this week is a result of…

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