XRP surged about 67% over seven days to break above $1.60, including a 26% gain on Aug. 21 during trading on Binance’s USDT market. The token had been near $1 as recently as Aug. 18, then rose 14.7% on Aug. 20 and extended its advance, gaining about 60% in four days and outpacing Bitcoin and Ether. Broader digital-asset sentiment improved after the U.S. Treasury expanded buybacks of long-term government bonds, prompting expectations for lower Treasury yields and greater liquidity. President Donald Trump’s pro-crypto policy stance and the handling of the Clarity Act at a White House meeting with the digital-asset industry also supported sentiment. Large-investor accumulation, futures short liquidations and expectations for a U.S. spot XRP ETF and increased corporate crypto holdings added to demand. The rapid move has increased leverage, however, raising the risk that long liquidations could deepen a reversal. Traders are watching whether XRP can establish $1.50 as support and absorb selling around $1.60.