CNBC has described the Ripple-linked XRP token as the “breakout trade” of 2026
The network has noted that the token tied to the San Francisco-headquartered enterprise blockchain firm is up by more than 20% since the start of the year
It also noted that XRP climbed to 3rd place by market value, surpassing the BNB token
“XRP is trying to be the exchange layer that moves money between currencies,” CNBC’s MacKenzie Sigalos said while commenting on the token’s success
The key reasons why XRP is rallying
CNBC has identified three major reasons why XRP is rallying. First of all, there is no regulatory overhang now that Ripple has wrapped up its fight with the SEC
Secondly, XRP is viewed as a less crowded trade than Bitcoin and Ether, which might make it more attractive
Finally, XRP ETF flows have held up even during the Q4 correction. “Investors kept adding money to XRP-focused funds,” the network said
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
XRP ETF Accumulated Net Outflows of ~30.12 Million USD in March, 16% Price Pullback Risk Emerging
XRP is currently trading near $1.42, down 8% recently. Technical charts show the formation of a head and shoulders pattern. If the neckline breaks, it could decline to $1.15. ETF outflows and on-chain data indicate weakening market confidence, suggesting further selling pressure. Key support is at $1.37; a break below could trigger panic selling. To reverse the bearish trend, a close above $1.46 is needed. Investors should monitor support levels and capital flows.
GateNews47m ago
XRP Joins Oil and Gold as a Major Commodity Just as XRP Price Nears Completion of Wave 4
XRP joins oil and gold as a major commodity.
This happens just as XRP price nears the completion of wave 4.
The 3-year Elliot wave pattern hints at the price of XRP hitting $8.5 in wave 5.
As the prices of pioneer crypto and altcoin assets, Bitcoin and Ethereum, continue to trade
CryptoNewsLand1h ago
Ripple Pilots Its RLUSD Stablecoin in Monetary Authority of Singapore's BLOOM Sandbox
BlockBeats News: On March 25, according to CoinDesk, Ripple is piloting its RLUSD stablecoin in the Monetary Authority of Singapore's BLOOM sandbox. The pilot is being conducted in collaboration with supply chain company Unloq and will test automated cross-border trade payments triggered by cargo verification on the XRP Ledger.
BlockBeatNews1h ago
