XRP Surges 6.61%: Can It Reach $2 This Year?

XRP has been on an upward trend since late August when it briefly approached $1.70 before retreating to around $1.36. The rally was mainly driven by continued accumulation by whales, inflows into spot XRP ETFs, and increased institutional investment demand.

As of September 3, 2026, wallets holding between 1 million and 10 million XRP recently increased their holdings by approximately 380 million XRP, indicating that some large investors continue to accumulate XRP. Meanwhile, cumulative net inflows into spot XRP ETFs had reached approximately $1.57 billion as of late August.

The market is closely watching whether XRP can break through key resistance levels again and regain upward momentum in a new market cycle.