Ripple’s native token XRP kick-started a tremendous rally this time two years ago in 2024. Its price was trading at $0.50 in July 2024 and rose to a high of $2.40 by the end of the year. That’s a surge of nearly 500% in six months, delivering record-breaking gains to investors. The leading altcoin is now at a similar time juncture but is trading above the $1 mark in 2026.
Also Read: Will XRP Break Out? Analysts See a Path to $4, $5, and Beyond
Can XRP Rise 500% by the End of 2026?
Historical patterns of XRP do not guarantee the future will repeat the same practices, as global events are changing rapidly and the market scenario is much different. In 2024, the entire cryptocurrency market rallied and was brimming with optimism on the heels of Donald Trump being re-elected to office. He also became crypto market-friendly, indicating that his administration will work towards benefiting the digital-assets market.
At that time in 2024, Bitcoin climbed above the $100,000 mark for the first time. The market was ready to accept that the White House would change the course of the broader cryptocurrency industry. The optimism was high, which led to cryptocurrencies, including XRP, soaring nearly 500%. As we explained, the global events then and now are much different. The optimism has eroded, and worries about the US-Iran war have hit a peak.
Rallies like 2024 are now a thing of the past and have not repeated in two years. The fact is that XRP has only gone down since then and has also erased all the gains. Traders who held on above $3 without taking profits are mostly at a loss now. There is a slim chance of a 2024 repeat in 2026, as the markets are gloomy. Only the AI and semiconductor industries are the ones getting in all the money. The rest of the sectors are finding it hard to survive.
