- XRP price rose to $2.40 amid altcoin strength at the start of 2026.
- Bulls may be able to sustain gains as broader market momentum builds.
- Several catalysts could amplify the Ripple army’s momentum.
XRP, the digital token from Ripple, has seen a strong double-digit surge, climbing to about $2.40 as of January 6, 2026. The rally has renewed investor confidence and sparked fresh speculation around a resurgence of the community that has long supported XRP.
Over the past year, that persistent group of supporters helped lift XRP to new all-time highs. Although the token faced a harsh pullback afterward, progress on regulatory fronts and rising demand for XRP-linked investment products have provided new bullish catalysts.
XRP jumps to $2.40
The uptrend began late last week, when XRP traded around $1.95 on January 2, 2026, and then accelerated over the weekend. By early Tuesday the token had gained more than 23% for the week.
Over a 24-hour period, XRP climbed roughly 11% to an intraday peak near $2.40. The move gathered speed during the Asian trading session, with trading volumes topping $8.25 billion — a 138% increase over the period.
The double-digit price rise pushed XRP’s market capitalization above $140 billion. XRP remains the fourth-largest cryptocurrency by market value behind Bitcoin, Ethereum and Tether.
Price gains driven by bullish catalysts
Analysts say the rally reflects a mix of supportive factors, led by a broader lift in crypto market sentiment. Improved mood in the market coincided with fresh inflows into crypto-linked spot exchange-traded funds (ETFs).
Bitcoin-backed ETFs recorded net inflows on Monday, ending a recent streak of outflows and signaling a short-term shift in positioning. At the same time, spot ETFs tied to Ripple have continued to attract new capital, extending a run of net inflows that began with their launch in November 2025.
JUST IN: ETF clients buy $46.1 million worth of $XRP, bringing total ETF-held net assets to $1.65 billion. pic.twitter.com/iKOV2EYhOU
— Whale Insider (@WhaleInsider) January 6, 2026
Bitcoin’s rise above $94,000 has markets eyeing $100,000 as the next psychological target. Should Bitcoin continue to rally, some of the incoming capital could rotate into altcoins like XRP, supporting further upside.
Investor optimism has also been reinforced by Ripple’s ongoing expansion and improving market narratives around the token.
What’s next for XRP?
XRP’s near-term trajectory will hinge on a few key developments. Optimists point to continued interest in XRP spot ETFs as a major indicator. But crypto markets remain inherently volatile, and macroeconomic factors or any unfavorable regulatory shifts could pose obstacles.
Technically, the chart suggests the potential for a push toward $4 or higher in the short term if momentum continues. Immediate resistance sits near $2.80, with a more significant barrier close to $3.80. If upward momentum falters, support levels around $2.00 and $1.80 could come into play.
At the time of publication, XRP was trading near $2.34.