The past seven days have seen one of the broadest cryptocurrency rallies since 2026, with about 90% of digital assets recording significant gains. Among the top 300 cryptocurrencies by market capitalisation, about 280 rose during this period, while only about 20 fell.
Nine tokens performed well, with weekly gains of at least 40%:$XRP,$POL,$PEPE,$AAVE,$PENGU,$ZEC,$PUMP,$TRUMP and $ENA.
ENA and TRUMP led the gains
Erena's $ENA token and GetTrumpMemes dominated the leading list, soaring 90.8% and 77.7% respectively in seven days. For ENA, the rally was due to an important agreement development. Ethena has launched a $1 billion USDe lending facility in partnership with FalconX, which serves as initiator, servicer and collateral manager responsible for managing over-mortgage loans that support USDe. The facility strengthens the agreement's revenue narrative by providing USDe with a secured credit line. ENA is closely related to the Ethereum and DeFi ecosystem, so when ETH rises significantly, funds tend to rotate to higher beta DeFi tokens and Ethereum-related assets.
XRP driven by policy momentum
$XRP was another outstanding token, recording one of the strongest weekly movements in months. XRP soared from approximately $1.00 on August 18, 2026 to a high of $1.6963 on August 22, the largest weekly gain since November 2024. Multiple catalysts worked together to promote this increase. The U.S. Treasury has doubled the size of its long-term bond repurchase operation, causing benchmark yields to fall and pushing funds into risky assets in the cryptocurrency market. On the regulatory front, Ripple CEO Brad Garinhaus and SEC Chairman Paul Atkins attended the White House Cryptocurrency Policy Summit, promoting progress on the CLARITY Act, which would classify XRP as a digital commodity regulated by the CFTC.
The rally is not limited to a few tokens. Curve, Fetch.ai, Pudgy Penguins ($PENGU), Pump.fun ($PUMP) and Pepe ($PEPE) all recorded double-digit 24-hour gains at the peak of the rally. Looking at the broader market, CoinMarketCap data shows that Ethereum, Solana, Bitcoin Cash, Dogecoin, Cardano and Chainlink all saw double-digit weekly gains.
Whether this momentum can be sustained will depend on the persistence of capital inflows and the continued positive macro environment, but for now, weekly data marks a decisive shift in market sentiment.

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