Catenaa, Sunday, January 11, 2026- XRP rallied 12.34% on Monday to trade at $2.40, reaching its highest price since November 13 as broader crypto markets showed early-year gains.
Analysts said the surge was driven by a combination of technical and fundamental factors, including a breakout from a falling wedge pattern and sustained trading above the 50-day moving average.
Aggressive short position liquidations, totaling over $250 million in a single hour, added to rapid upside momentum.
Spot XRP exchange-traded funds also contributed to the rally, with $46.1 million in net inflows on Monday, the largest daily inflow since December 3.
Total daily ETF trading volume reached $72.15 million, the highest since November 24. These inflows reflect growing institutional interest and renewed confidence in XRP’s role in cross-border payments.
Since the launch of the first XRP ETF on November 13, the funds have seen eight consecutive weeks of net inflows, totaling $1.23 billion.
Analysts noted that the rally is supported by regulatory clarity following the Ripple SEC settlement and continued adoption narratives.
Other major cryptocurrencies also posted gains. Bitcoin rose 7.4% over the past week to $93,719, while ether increased 9.3% to $3,225.
The GMCI 30, tracking the top 30 cryptocurrencies, gained 12.33% for the week. The crypto Fear & Greed Index, while still in the fear zone at 26, showed recovery from 11 in mid-December.
