XRP Set for Explosive Year-End Rally, Predicts Canary Capital CEO

A 30% surge in investor interest and a potential doubling in price are on the horizon for XRP before December concludes, according to Steven McClurg, CEO of Canary Capital.

The Three-Phase Road to Redemption

McClurg, whose firm was among the first to file for a spot XRP exchange-traded fund (ETF) in the U.S., envisions a strategic three-phase recovery for the asset. While he warns that the immediate future may be "rough" due to summer market pressures and the distraction of upcoming midterm elections, he believes a sharp pivot is coming. Once the political season passes, McClurg expects a significant acceleration in market activity driven by institutional capital.

Regulatory Clarity and ETF Momentum

The bullish outlook is rooted in the potential passage of the CLARITY Act and the rising tide of real-world asset tokenization. Institutional investors are reportedly waiting for this specific regulatory green light before committing larger sums. The data already supports this growing appetite: net inflows into XRP-related products hit $60 million in a single week recently—the best performance of 2026—bringing total cumulative inflows to $1.39 billion.

Precise Targets for December

With XRP currently trading around the $1.40 mark, McClurg’s prediction of a price "doubling" suggests a year-end target exceeding $2.80. This forecast isn't just speculation; it is backed by an expected 30% growth in ETF participation by year-end. For this stunning surge to materialize, the market will need to see a perfect alignment of regulatory progress, post-election capital rotation, and sustained institutional adoption through regulated fund products.