XRP Jumps to Two-Month High as ETFs and Liquidations Power Early 2026 Rally

XRP kicked off 2026 with a sharp rally, outperforming the broader crypto market during Monday’s recovery. The token climbed more than 12% in 24 hours to trade around $2.40, its highest level since mid-November, as momentum returned across digital assets.

The move was supported by a combination of technical breakouts and aggressive positioning shifts. XRP pushed above key resistance levels and held above its 50-day moving average, triggering a wave of short liquidations. Over $250 million in bearish positions were wiped out in a short period, accelerating the upside as traders rushed to cover.

Trading activity also picked up significantly, adding fuel to the rally and increasing short-term volatility. Elevated volume alongside forced liquidations created ideal conditions for rapid price expansion.

Another major driver came from renewed interest in spot XRP exchange-traded funds. Data shows XRP ETFs recorded $46.1 million in net inflows on Monday, marking their strongest daily intake in more than a month. Total trading volume across these products surged to $72.15 million, one of the highest readings since launch.

Since the first spot XRP ETF debuted on Nov. 13, the funds have logged eight consecutive weeks of net inflows, bringing cumulative investment to roughly $1.23 billion. The steady demand reflects growing institutional participation, improved regulatory clarity following Ripple’s settlement with the SEC, and rising confidence in XRP’s role in cross-border payments.

The broader crypto market also showed signs of recovery. Bitcoin gained over 7% in the past week to trade near $93,700, while ether rose more than 9% to around $3,225. Meanwhile, the Crypto Fear & Greed Index climbed to 26, still in fear territory but sharply higher than its mid-December lows—suggesting sentiment is slowly stabilizing as 2026 begins.