ETF buying surge boosts the market! Ripple XRP surges 12% in a single day, reaching a 2-month high

The cryptocurrency market had an impressive start in the first week of 2026. In addition to Bitcoin and Ethereum steadily rising, Ripple (XRP) became the most eye-catching “leader” in the market today (6th). According to data, XRP surged strongly by 12.34% within 24 hours, with the price once reaching $2.4, hitting the highest level since November 13, 2025. Analysts point out that this rally is driven by both technical breakthroughs and strong fundamental bullish factors, demonstrating XRP’s powerful ability to attract capital at the start of the year. BTC Markets cryptocurrency analyst Rachael Lucas noted that XRP recently completed a classic technical breakout, successfully breaking out of the “Falling Wedge” consolidation zone and stabilizing above the 50-day moving average, which is a very strong bullish signal. More importantly, as the price rapidly surged, a large amount of XRP short positions were forcibly liquidated. In just one hour, the total XRP liquidation amount across the network exceeded $250 million, indicating that buying pressure and short covering were simultaneously driving force, becoming a key engine for the sharp price increase. Rachael Lucas stated that when the price breaks out combined with a surge in trading volume, it is usually the “perfect recipe” for short-term intense volatility accompanied by strong gains. In addition to technical indicators, institutional support is even more crucial. Kronos Research Chief Investment Officer Vincent Liu said that after XRP broke through a key resistance level with increased volume, market risk appetite clearly warmed up, and the inflow of funds into XRP spot ETFs further supported this rally. According to SoSoValue statistics, XRP spot ETF net inflows on Monday reached $46.1 million, the highest since December 3; the total trading volume on that day was $72.15 million, not only a new high since November 24 but also the second-highest since listing. Since the launch of the first XRP ETF in the US on November 13, 2025, such products have recorded continuous net inflows for 8 weeks, accumulating a total of $1.23 billion. This reflects that after Ripple reached a settlement with the U.S. Securities and Exchange Commission (SEC), legal risks dissipated, and investors’ enthusiasm for XRP’s application potential in “cross-border payments” has reignited.