XRP is currently experiencing a significant resurgence in the cryptocurrency market, marking its strongest performance in months and reclaiming its position among the top digital assets. This notable uptrend is fueled by a confluence of factors, including surging trading volumes, increasing market interest, and substantial inflows into dedicated investment products.
XRP's Market Resurgence
Recently, XRP demonstrated impressive momentum, trading at $2.01, a 6% increase over 24 hours, and pushing its market capitalization to $122.05 billion, solidifying its rank as the fourth-largest cryptocurrency. This robust performance is underscored by a dramatic 162.02% surge in 24-hour trading volume, reaching $4.21 billion, signaling renewed investor confidence and heightened activity. Furthermore, open interest has climbed to $1.3 billion, reflecting growing participation. This rally is part of a broader altcoin upswing, contrasting with Bitcoin's initial struggles in early 2026, with the overall Crypto Fear & Greed Index slowly moving from 'Fear' towards 'Neutral.'
Strategic Investment and Future Outlook
A key driver behind XRP's uplift is the increasing interest in its exchange-traded funds (ETFs). Recent data from SoSoValue indicates XRP ETFs attracted $13.5 million in inflows over 24 hours, while CoinShares reported $70.2 million in XRP investment product inflows for the week ending December 27, a period when Bitcoin products saw significant outflows. The launch of the first U.S. XRP ETF, uniquely utilizing swap-based instruments to track price without direct token exposure, highlights a new strategic narrative for institutional investment. Looking ahead, Standard Chartered projects an ambitious future for XRP, forecasting a price of $5.50 in 2024, $8 in 2026, $10.40 in 2027, and potentially $12.50 by late 2028—a remarkable gain of over 500%. The bank even suggests XRP could surpass Ethereum to become the second-largest cryptocurrency by market capitalization within the same timeframe, signaling a profound shift in the digital asset landscape.
