XRP Posts Best Weekly Gain in 21 Months with 50% Price Surge

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XRP has recorded a 50% price increase this week, marking its strongest weekly performance in 21 months. The rally represents the token's best gains since November 2024. The surge is being partly attributed to optimism around U.S. Treasury buyback plans, which have sparked hopes of yield curve control measures. Such monetary policy expectations have broadly lifted risk assets, including cryptocurrencies. XRP's sharp weekly climb has drawn renewed attention to the token amid a wider crypto market uptick.

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