XRP (XRP Ledger) up 12.86% in the last 24 hours

Gate News Bot Message, January 6th, according to CoinMarketCap data, as of press time, XRP (XRP Ledger) is trading at $2.40, up 12.86% in the past 24 hours, reaching a high of $2.41 and a low of $1.81. The 24-hour trading volume is $7.153 billion. The current market capitalization is approximately $145.483 billion, an increase of $16.577 billion from yesterday.

XRP Ledger is a public blockchain built for enterprises, maintained by a global community of businesses and developers. The blockchain has been operating stably for over ten years, with no errors, and has experienced uninterrupted operation through more than 63 million ledgers.

XRP Ledger offers multiple core advantages: open, decentralized, and open-source, allowing anyone to build on it; transaction costs are less than one cent, supporting various blockchain application scenarios; it can process thousands of transactions per second; it has built-in high-performance decentralized exchanges, cross-currency payments, payment channels, multi-signature features, and more. The blockchain is committed to creating the most environmentally friendly infrastructure, promoting blockchain innovation without sacrificing utility and performance.

Analysis of Recent Key Drivers for XRP

1️⃣ Continuous net inflow of spot ETF funds, steady institutional allocation demand

Since the launch of the US spot XRP ETF in November, it has accumulated over $1.2 billion in net inflows, with assets under management surpassing $1.25 billion, maintaining seven consecutive weeks of stable fund inflows. Franklin Templeton’s XRPZ fund holdings have broken 100 million XRP for the first time, reaching 101.5 million XRP, with a market value of $1.927 billion, a monthly increase of over 100%. Meanwhile, Bitcoin ETFs experienced outflows of $2.9 billion, and Ethereum ETFs saw outflows of $59.5 million during the same period. XRP ETFs still maintained net inflows against the trend, with a single-day inflow of $70.2 million last week, demonstrating long-term recognition from institutional investors of XRP’s strategic value and indicating that the market’s mid-term asset allocation framework has begun to take shape.

2️⃣ Ranking in popularity rises to second place, market attention and liquidity increase simultaneously

According to CoinMarketCap data, XRP’s popularity ranking has risen to second globally, only behind Bitcoin, surpassing Ethereum. The current market liquidity is abundant, with a trading volume of $7.153 billion in the past 24 hours. Its market cap ranking has also risen to fourth place, surpassing BNB. This change is seen as an important signal in this bull market. In the context of rapidly growing trading volume in the US spot crypto ETF market, the strong performance of XRP ETFs reflects investors’ actual support for its mid-term allocation value.

3️⃣ On-chain supply structure improves, exchange reserves drop to a seven-year low

The holdings of XRP on centralized exchanges have fallen to about 1.6 billion XRP, a new low since 2018, down approximately 57% from the peak at the end of 2025. This indicates that investors are tending to transfer tokens into self-custody wallets, reducing short-term circulating supply. Although Ripple plans to unlock 1 billion XRP in January 2026, historical data shows that about two-thirds or even up to four-fifths of unlocked XRP are usually quickly re-escrowed, with limited actual flow into the secondary market. The ongoing tightening of supply, combined with ETF demand, provides medium- to long-term support for prices.

4️⃣ Cross-chain ecosystem expansion and acceleration of RWA applications validate ecosystem value

Wrapped XRP has been launched on multiple mainstream networks including Solana, Ethereum, Optimism, Ink, and Unichain, supported by Hex Trust and LayerZero, with a 1:1 backing by native XRP. During initial launch, over $100 million in liquidity was locked. Ripple’s stablecoin RLUSD has initiated multi-chain pilot projects, launching on Ethereum Layer 2 via Wormhole protocol. The tokenized real-world assets on XRP Ledger have exceeded $568 million, with a 2200% increase over the year, of which RLUSD accounts for over 50%, approximately $293 million. These developments mark a deep evolution of the XRP ecosystem from single-chain to multi-chain strategies, creating new application scenarios for real-world asset tokenization and yield protocols.

5️⃣ International financial institutions are optimistic about mid- to long-term prospects, regulatory environment improvements send positive signals

Standard Chartered’s global digital asset research head expressed optimism about XRP, expecting its price to rise to $8 by 2026, a potential increase of 230% from current levels. The US President’s public speech emphasized modernizing the financial system through faster payment infrastructure and advanced encryption technology, which market participants interpret as positive signals for blockchain and crypto payment solutions. As an asset designed for cross-border payments, XRP’s technical positioning aligns with current policy reforms. The Japanese government plans to reduce the crypto investment income tax rate from the maximum 55% to 20%, and intends to launch more ETFs linked to specific cryptocurrencies. These policy changes create a more favorable environment for XRP’s practical application.

This message is not investment advice. Please be aware of market volatility risks.