- XRP price jumped to $2.40 as altcoins rallied early in 2026.
- Bulls may be able to extend gains alongside broader market momentum.
- Several catalysts could strengthen the Ripple Army.
XRP, the cryptocurrency token issued by Ripple, saw a notable double-digit rise, reaching $2.40 at the time of writing on January 6, 2026.
This surge not only boosted investor optimism but also reignited speculation as the so‑called “Ripple Army” returned to the spotlight.
Over the past year, this enthusiastic community of supporters—longtime advocates for XRP’s potential—helped drive prices to new highs.
Despite harsh declines earlier, overcoming regulatory hurdles and renewed demand for XRP investment products have created fresh bullish catalysts.
XRP rises to $2.40
The rally began late last week, with XRP trading around $1.95 on January 2, 2026, before accelerating over the weekend.
By early Tuesday, the token was up more than 23% over the prior week.
Over a 24‑hour window the price climbed 11%, posting an intraday peak of $2.40.
The move gathered momentum during the Asian trading session as volumes topped $8.25 billion—a 138% increase for the period.
The double‑digit gain pushed XRP’s market capitalization above $140 billion.
XRP remains the fourth largest cryptocurrency by market cap, behind Bitcoin, Ethereum and Tether.
Price gets bullish push
Analysts attribute the rise to a mix of supportive factors, led by a broader upswing across the crypto market.
Improved sentiment has been amplified by renewed inflows into crypto‑linked spot exchange‑traded funds.
Bitcoin‑backed ETFs recorded net inflows on Monday, ending a recent streak of outflows and indicating 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 after their launch in November 2025.
Bitcoin’s climb above $94,000 raises the prospect of a push to $100,000 next, and if that occurs, additional capital could spill into altcoins such as XRP.
Importantly, sentiment around Ripple’s expansion has also turned more positive, adding to the bullish narrative.
What’s next for XRP?
XRP’s path depends on several key developments. Optimists point to sustained interest in XRP‑listed ETFs as a meaningful indicator.
Volatility remains inherent in crypto markets, and macroeconomic conditions or adverse regulatory moves could act as headwinds.
Technically, the chart suggests a potential breakout toward $4 or higher in the short term if momentum persists.
Immediate resistance sits near $2.80, while a major upside target for bulls is around $3.80.
Should upside momentum falter, support levels to watch are roughly $2.00 and $1.80.
At press time, the XRP price stood near $2.34.