XRP, the cryptocurrency associated with Ripple, has surpassed BNB to become the fourth-largest crypto by market capitalization, currently valued at nearly $124 billion. In the last day, XRP’s price increased by almost 9%, reaching approximately $2.05.
The recent, unexpected price increase has grabbed the attention of traders, particularly because XRP hadn’t shown much activity for several weeks.
XRP ETF Inflows Fuel the Rally
XRP’s price has been increasing largely because of consistent investment into XRP exchange-traded funds (ETFs). These ETFs have continued to draw in new funds, even when the overall market has been down.
XRP ETFs saw $13.59 million in new investments on January 2, 2026, continuing a weeks-long trend of positive growth.
Since launching in November 2025, spot XRP ETFs have seen roughly $1.18 billion in net investment. This has brought their total managed assets to nearly $1.37 billion, indicating increasing confidence from investors who plan to hold for the long term.
According to SoSoValue data, XRP spot ETFs saw a total net inflow of $13.59 million yesterday (January 2nd, US Eastern Time). The Franklin XRP ETF (XRPZ) led the way with $9.72 million in net inflows for the day, bringing its total net inflows to $243 million.
— 吴说区块链 (@wublockchain12) January 3, 2026
Trading Volume Jumps Sharply
A significant increase in XRP trading is also helping its price go up. Over the last 24 hours, trading volume has nearly tripled, reaching almost $4 billion. This kind of jump often indicates strong confidence in the asset, with both individual and large-scale investors participating.
Although XRP has recently risen sharply, it’s still quite a bit below its peak price of $3.68 from July 2025. This indicates the price increase is likely a recovery, rather than the end of the upward trend. Many traders think the price could still go higher if buyers keep driving it up.
Overall Crypto Market Turns Bullish
XRP’s price increase is happening alongside a general uptrend in the cryptocurrency market. Bitcoin surpassing $90,000 has improved the overall mood among investors.
As a researcher tracking the crypto market, I’ve observed some positive movement today. Ethereum has broken through the $3,110 mark, Solana is now trading near $133, and BNB saw an increase of approximately 2%.
As an analyst, I’m seeing some significant positive movement in the altcoin space. Coins like Cardano, Dogecoin, and Sui all experienced gains of 10% to 15% today, which tells me investors are currently comfortable taking on more risk.
XRP Supply Drops on Exchanges
The amount of XRP available on exchanges has dropped to its lowest level in eight years. Over the past few months, more than half of all XRP previously held on exchanges has been moved to secure, offline storage. This isn’t people selling their XRP; it suggests they plan to hold onto it for a long time.
When there aren’t many outstanding buy or sell orders, even small changes in demand can significantly impact the price. That’s why the $2 mark is so important. XRP has repeatedly tried, but failed, to move above the $2.00–$2.17 range since November.
If XRP manages a clean breakout above $2.17, it could move toward $2.20–$2.80.
After that, traders will likely focus on the $3.00 mark, as many may choose to sell and secure their gains there.
Read More
- Gold Rate Forecast
- Brent Oil Forecast
- Silver Rate Forecast
- USD PKR PREDICTION
- Crypto Inflows Smash Records – Is This Madness or Genius? 🔥
- BTC GBP PREDICTION. BTC cryptocurrency
- TON PREDICTION. TON cryptocurrency
- SOL PREDICTION. SOL cryptocurrency
- FIL PREDICTION. FIL cryptocurrency
- Bitcoin Bonanza: Metaplanet Goes All In, Buys 780 More BTC 🤑
2026-01-03 09:41