XRP Price Prediction: $2.40 Target in 2026 Rally as Network Activity Surges

XRP has demonstrated a significant bullish breakout, surpassing the $2.10 mark in its strongest 24-hour rally in recent weeks. This surge coincides with a remarkable rebound in on-chain activity on the XRP Ledger, where daily transactions are climbing back toward the 1 million milestone. The resurgence in network usage, which began in mid-December, is being interpreted by market participants as a strong signal of fresh momentum, underpinning both technical price action and fundamental network health. Traders and analysts are now setting their sights on the next key resistance levels at $2.20 and $2.28, with a longer-term price prediction targeting $2.40 as part of a sustained 2026 rally. The correlation between heightened transaction volume and price appreciation highlights a growing confidence in the utility and adoption of the XRP Ledger. This activity suggests increased real-world use cases or speculative interest driving network demand. The current technical breakout, supported by robust fundamentals, positions XRP for a potential extended upward trajectory if the network can sustain this elevated level of activity. The convergence of positive on-chain metrics and bullish price action creates a compelling narrative for investors, indicating that the recent performance may be more than a short-term spike. As of early 2026, the ecosystem appears to be gaining substantial traction, setting the stage for XRP to potentially reclaim and exceed previous all-time highs, provided the current momentum in both transaction volume and market sentiment continues.

XRP Price Prediction: Transactions Hit 1M as Price Breakout Targets $2.40 in 2026 Rally

XRP surged past $2.10, marking its strongest 24-hour rally in weeks as on-chain activity on the XRP Ledger climbed back toward 1 million daily transactions. The rebound in network usage signals fresh momentum across both technical and network fundamentals, with traders eyeing $2.20 and $2.28 as the next key targets.

The XRP Ledger has recorded a sharp increase in transactions since mid-December, reaching roughly 1 million daily—a five-month peak. This resurgence reflects stronger on-chain utility, driven by growing remittance volumes and increased integration with financial platforms adopting XRP for settlement. Historically, such transaction spikes have preceded notable price expansions.

From a technical standpoint, XRP has broken cleanly above its descending trendline, a level that had capped gains since November. The 50-EMA crossing above the 100-EMA on the 4-hour chart reinforces bullish momentum, while RSI levels NEAR 72 suggest controlled overbought strength rather than exhaustion. The chart now points to a potential rally toward $2.28–$2.40.

XRP Shows Signs of Strength as Market Sentiment Shifts

XRP enters 2025 with tentative signs of recovery after a prolonged bearish phase. The asset has gained over 15% in four days, signaling renewed buyer interest amid improving market dynamics.

On-chain data reveals a notable shift: Binance's Taker Buy/Sell Ratio for XRP has risen to 0.991—its highest level since late November. This metric suggests declining sell-side pressure and growing confidence among buyers willing to execute at market prices.

The MOVE comes after months of failed rallies and persistent selling pressure. While not yet confirming a full trend reversal, the improved order flow dynamics indicate XRP may be transitioning from a purely defensive market posture.

Potential Links Between Digital Euro and XRP Spark Market Interest

Crypto analyst SMQKE has identified potential connections between the proposed digital euro and XRP, suggesting the XRP Ledger could play a role in the European Central Bank's CBDC initiative. The DLT pilot program for the digital euro, slated for 2029, may utilize XRPL-based technology through Axiology's transactional settlement system.

The XRP Ledger's growing utility as a platform for stablecoins like RLUSD, USDC, and EURØP strengthens the case for institutional adoption. Market observers note the ledger's existing infrastructure for tokenized securities could provide a natural fit for CBDC implementation, though the ECB has yet to confirm any blockchain partnerships.

XRP Breaks Key Resistance as Analysts Eye $27 Target

XRP surged past the $2.10 resistance level with a 2.04% gain to $2.13, backed by trading volume 47.6% above its seven-day average. The breakout marks a potential shift in momentum for Ripple's token, which had faced repeated rejections at this level since mid-December.

Market capitalization swelled by $121.7 billion as the MOVE index gained traction, positioning XRP among today's top-performing large-cap assets. ChartNerd's technical analysis suggests a Fibonacci confluence and Elliott Wave pattern could propel XRP toward $27—a target reinforced by improved regulatory clarity and macroeconomic tailwinds absent during its previous cycle.