One of the worst performing cryptocurrencies this year is making a comeback.
XRP rose more than 80 percent Friday to a high of 77 cents, bringing its gains this week to 185 percent, according to data from CoinMarketCap.com. Its market capitalization jumped to roughly $26.8 billion, surpassing ethereum as the world's second most valuable cryptocurrency behind bitcoin.
Often mistakenly called "Ripple," XRP has fared the worst of the top cryptocurrencies this year. At one point this summer, it was down more than 90 percent from the high.
Ripple is a fintech company that focuses on global payments, and holds the majority of XRP the cryptocurrency. XRP is a cryptocurrency, independent of the company, that can be used on Ripple's platforms.