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Why Is XRP (Ripple) Up 24.9% Today?

XRP jumped more than 24% in a day after President Trump stood at the White House with Ripple's CEO and told Congress to pass the Clarity Act.

Why Is XRP (Ripple) Up 24.9% Today?

Published August 20, 2026 · Category: Finance

Overview

XRP (CRYPTO: XRP) is rocketing higher today, up 21.5% in the last 24 hours as of 2:17 p.m. ET on Aug. 20, 2026, after President Trump urged Congress to pass the Clarity Act alongside key industry leaders, including Ripple CEO Brad Garlinghouse.

The S&P 500 and Nasdaq Composite were down 0.7% and 1.1%, respectively, on Thursday.

Details

The CEO of Ripple, the company behind XRP, joined several crypto executives yesterday at the White House to discuss the future of regulating digital assets with Trump and key regulators like Securities and Exchange Commission Chair Paul Atkins and Commodity Futures Trading Commission (CFTC) Chair Mike Selig.

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Source

Originally published at www.fool.com.

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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.