XRP Soars 40%: Could $10 Be Next Target?
XRP has surged 40% in just five days, prompting traders to debate whether it could reach $10.
Market commentator crypto Patel pointed out that XRP has a history of making seemingly impossible moves. In 2017, it jumped from $0.006 to over $3, and in November 2024, it rose from $0.50 to $2.60 in just 30 days.
Patel argued that the current accumulation zone around $0.60 to $1, combined with low fees, fast transactions, and growing real-world payment adoption, sets up a similar path towards $10 to $20.
The influx of institutional interest is also contributing to XRP's price surge. Goldman Sachs reloaded its XRP ETF position in Q2 2026, returning as the number one XRP ETF holder with $86.5 million across various products.