{"id":1286357,"date":"2026-08-25T11:43:45","date_gmt":"2026-08-25T08:43:45","guid":{"rendered":"https:\/\/www.etoro.com\/?p=1286357"},"modified":"2026-08-25T17:49:02","modified_gmt":"2026-08-25T14:49:02","slug":"crypto-corner-xrps-five-day-50-surge","status":"publish","type":"post","link":"https:\/\/www.etoro.com\/en-us\/news-and-analysis\/the-daily-breakdown\/crypto-corner-xrps-five-day-50-surge\/","title":{"rendered":"Crypto Corner: XRP\u2019s Five-Day, 50% Surge"},"content":{"rendered":"<p>The Daily Breakdown looks at XRP after its five-day, 50% surge from $1 into the $1.50 to $1.60 range. Cartesi and SKALE are also discussed.<\/p>\n<p><i><span style=\"font-weight: 400;\">Before we dive in, let\u2019s make sure you\u2019re set to receive The Daily Breakdown each morning. <\/span><\/i><b><i>To keep getting our daily insights<\/i><\/b><i><span style=\"font-weight: 400;\">, all you need to do is <\/span><\/i><a href=\"https:\/\/www.etoro.com\/login\"><i><span style=\"font-weight: 400;\">log in<\/span><\/i><\/a><i><span style=\"font-weight: 400;\"> to your eToro account.<\/span><\/i><\/p>\n<h2><b>Crypto Corner<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">We\u2019re continuing our talk about the ins and outs of the crypto market, helping investors become more familiar with the <\/span><a href=\"https:\/\/help.etoro.com\/en-us\/s\/article\/What-cryptocurrencies-are-available-on-eToro-US\"><span style=\"font-weight: 400;\">110+ cryptoassets offered by eToro<\/span><\/a><span style=\"font-weight: 400;\">. Today we\u2019ll discuss Cartesi and SKALE.<\/span><\/p>\n<h4><b>Cartesi (CTSI): Trading near $0.025 with a market cap of ~$24.5 million<\/b><\/h4>\n<p><span style=\"font-weight: 400;\"><a href=\"https:\/\/www.etoro.com\/markets\/ctsi\">Cartesi<\/a> is a modular rollup framework that gives each dApp dedicated compute and lets developers use Linux, RISC-V, familiar languages, and established software libraries beyond the EVM\u2019s limits. Its app-specific rollups can operate as Layer 2s, Layer 3s, or sovereign networks. CTSI supports staking, governance, and ecosystem incentives, with a planned role in Cartesi\u2019s validator marketplace.\u00a0<\/span><\/p>\n<h4><b>SKALE Network (SKL): Trading near $0.003 with a market cap of ~$24.5 million<\/b><\/h4>\n<p><span style=\"font-weight: 400;\"><a href=\"https:\/\/www.etoro.com\/markets\/skl\">SKALE<\/a> is an Ethereum-native network of EVM-compatible Layer-1 appchains offering dedicated compute, pooled validator security, near-instant finality, and zero gas fees for users. Chain owners prepay for resources through subscriptions, supporting gaming, DeFi, AI agents, and other high-volume applications. SKL is staked or delegated to secure validators, used to pay for SKALE Chains, and supports governance.\u00a0<\/span><\/p>\n<p><b>Check out these crypto offerings \u2014 and many more \u2014 on <\/b><a href=\"https:\/\/www.etoro.com\/discover\/markets\/cryptocurrencies\"><b>eToro\u2019s Discover page<\/b><\/a><b> and consider adding them to your watchlist. <\/b><span style=\"font-weight: 400;\">\u00a0CTSI and SKL are not currently available for NY users. <\/span><a href=\"https:\/\/help.etoro.com\/en-us\/s\/article\/What-can-I-trade-on-eToro-as-a-New-York-resident\"><span style=\"font-weight: 400;\">Learn more<\/span><\/a><span style=\"font-weight: 400;\">. <\/span><\/p>\n<p style=\"text-align: center;\"><strong>Want to receive these insights straight to your inbox?<\/strong><\/p>\n<p style=\"text-align: center;\"><a class=\"e-cta\" href=\"https:\/\/www.etoro.com\/en-us\/accounts\/sign-up\" target=\"_blank\" rel=\"noopener noreferrer\">Sign up here<\/a><\/p>\n<h2><b>The Setup \u2014 XRP<\/b><\/h2>\n<figure id=\"attachment_1286358\" aria-describedby=\"caption-attachment-1286358\" style=\"width: 1024px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" class=\"size-large wp-image-1286358\" src=\"https:\/\/www.etoro.com\/wp-content\/uploads\/2026\/08\/XRP-1024x789.png\" alt=\"Daily chart of XRP, for The Daily Breakdown\" width=\"1024\" height=\"789\" srcset=\"https:\/\/www.etoro.com\/wp-content\/uploads\/2026\/08\/XRP-1024x789.png 1024w, https:\/\/www.etoro.com\/wp-content\/uploads\/2026\/08\/XRP-300x231.png 300w, https:\/\/www.etoro.com\/wp-content\/uploads\/2026\/08\/XRP-768x591.png 768w, https:\/\/www.etoro.com\/wp-content\/uploads\/2026\/08\/XRP-1536x1183.png 1536w, https:\/\/www.etoro.com\/wp-content\/uploads\/2026\/08\/XRP.png 1566w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption id=\"caption-attachment-1286358\" class=\"wp-caption-text\"><em>Chart as of 8:00 a.m. ET on 8\/25\/2026. Source: eToro ProCharts, courtesy of TradingView.<\/em><\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">With a $92 billion market cap, <a href=\"https:\/\/www.etoro.com\/markets\/xrp\">XRP<\/a> is one of the world\u2019s largest cryptocurrencies. After recently falling toward $1, XRP has ridden a five-day 50% surge into the $1.50 to $1.60 zone \u2014 an area that acted as resistance earlier this year. A breakout could give bulls confidence that the rally has further to run.<\/span><\/p>\n<h2>What Wall Street&#8217;s Watching<\/h2>\n<p><a href=\"https:\/\/www.etoro.com\/markets\/dks\"><b>DKS<\/b><\/a><b><br \/>\n<\/b><span style=\"font-weight: 400;\">Dick\u2019s Sporting Goods shares fell roughly 15% in premarket trading after quarterly earnings and revenue missed expectations. The company also lowered its full-year outlook, citing a challenging athletic footwear and apparel market. Foot Locker comparable sales fell 3.6%, weighing on the revised guidance, while Nike trading lower too. <\/span><a href=\"https:\/\/www.etoro.com\/markets\/XXXX\/stats\"><span style=\"font-weight: 400;\">Dig into DKS<\/span><\/a><span style=\"font-weight: 400;\">.\u00a0<\/span><\/p>\n<p><b><a href=\"https:\/\/www.etoro.com\/markets\/btc\">BTC<\/a><br \/>\n<\/b><span style=\"font-weight: 400;\">Bitcoin topped the $80,000 level this morning, doing so for the first time since mid-May. The three-day, 21% rally in BTC has helped spark a bigger overall jump in the crypto space. Now higher in 7 of the past 8 sessions, investors are wondering if BTC\u2019s rally has more room to run or if a pullback is in need. <\/span><a href=\"https:\/\/www.etoro.com\/markets\/btc\/chart\"><span style=\"font-weight: 400;\">Check out the charts for BTC<\/span><\/a><span style=\"font-weight: 400;\">. <\/span><\/p>\n<p><b><i>Disclaimer:<\/i><\/b><\/p>\n<p><b><i>Please note that due to market volatility, some of the prices may have already been reached and scenarios played out.<\/i><\/b><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Daily Breakdown looks at XRP after its five-day, 50% surge from $1 into the $1.50 to $1.60 range. Cartesi and SKALE are also discussed. Before we dive in, let\u2019s make sure you\u2019re set to receive The Daily Breakdown each morning. To keep getting our daily insights, all you need to do is log in&hellip;<\/p>\n","protected":false},"author":130,"featured_media":819735,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[6894],"tags":[],"asset_type":[],"class_list":["post-1286357","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-daily-breakdown"],"acf":[],"yoast_head":"<title>The Daily Breakdown&#039;s Crypto Corner: XRP\u2019s Five-Day, 50% Surge<\/title>\n<meta name=\"description\" content=\"The Daily Breakdown looks at XRP after its five-day, 50% surge from $1 into the $1.50 to $1.60 range. 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