The crypto market cap surged to $3.57 trillion, driven by a 2.07% increase. The cryptocurrency total trading volume stood at $161.68 billion, up 3.52% in the last 24 hours. Trading volumes for stablecoins accounted for 90.

XRP is witnessing the fastest observed rally since the altcoin boom of January 2018, according to a popular market analysis tool called the relative strength index (RSI). The measure oscillates between 0 and 100, measuring the speed and change of price movement over specific periods, typically 14 days or 12 months.

XRP has now risen about 40% over the past week, and “has really got legs,” market strategist Louis Navellier wrote Thursday. “It has been identified as the crypto of prefere