- XRP price rose to $2.40 as altcoins gained momentum at the start of 2026.
- Bulls could extend gains if broader market momentum continues.
- Several catalysts could strengthen the Ripple Army.
XRP, the cryptocurrency token issued by Ripple, recorded a notable double-digit rally, with the price reaching $2.40 as of January 6, 2026.
This surge may boost investor confidence and renew speculation about a comeback for the “Ripple Army.”
Over the past year, this enthusiastic community of supporters, long optimistic about XRP’s potential, has helped push prices toward near-record highs.
Although past declines were severe, overcoming regulatory hurdles and growing market demand for XRP investment products have given bulls fresh momentum.
XRP climbs to $2.40
The rally began late last week when XRP traded around $1.95 on January 2, 2026, and picked up pace over the weekend.
By early Tuesday the token had gained more than 23% for the week.
Within 24 hours the price jumped about 11%, hitting an intraday high of $2.40.
The move accelerated during Asian trading hours, as trading volumes surpassed $8.25 billion — a 138% increase over the period.
The double-digit advance pushed XRP’s market capitalization above $140 billion.
XRP remains the fourth-largest cryptocurrency by market value, behind Bitcoin, Ethereum and Tether.
XRP price gets bullish impetus
Analysts say the rise reflects a mix of supportive factors led by broader gains in the crypto market.
Improving sentiment was reinforced by renewed inflows into crypto-linked spot ETFs.
Bitcoin-backed ETFs posted net inflows on Monday, ending a recent run of outflows and suggesting a shift in short-term positioning.
At the same time, spot ETFs tied to XRP continue to attract fresh capital, extending a streak of net inflows that has persisted since their launch in November 2025.
ETF clients purchased $46.1 million worth of XRP, bringing total ETF-held net assets to $1.65 billion, according to market reports.
Bitcoin’s rise above $94,000 raises the possibility of a move toward $100,000.
If that momentum continues, greater capital rotation into altcoins such as XRP could follow.
Notably, optimistic sentiment has emerged alongside Ripple’s expansion.
What’s next for XRP?
XRP’s path depends on several key developments, with bulls pointing to continued interest in XRP spot ETFs as a positive signal.
Volatility is intrinsic to crypto markets. Macro conditions and any adverse regulatory changes also remain major risks.
Technically, the outlook suggests the potential for a breakout to $4 or higher in the near term.
Immediate resistance sits near $2.80, while a move toward $3.80 would be a significant target for bulls.
Should upward momentum falter, support levels are around $2.00 and $1.80.
At the time of publication, XRP was trading around $2.34.