XRP's Ambitious Quest to Reach $3 by Year-End

XRP's recent price surge has many investors wondering if it can reach $3 by the end of 2026. To achieve this target, XRP would need a significant 96% increase from its current price of $1.53. This is a challenging task, especially considering the billions of dollars in selling pressure above today's price.

The company behind XRP, Ripple, holds billions of tokens in escrow, which are slowly released, increasing the supply and making it harder for XRP to reach its target. Additionally, many current holders are underwater, having bought XRP at higher prices, and may sell once the price approaches what they initially paid.

While recent investments from U.S. spot XRP exchange-traded funds (ETFs) show potential, bringing in about $75.6 million from September 22 to 25, this is a small fraction of the total market value. For XRP to have a realistic shot at the $3 target, it needs to hold above its current price and reclaim its 2026 opening price of $1.84.

A weekly close above $2 before December would suggest improvements in momentum, but any dip below the September 16 low of $1.25 would indicate that the upward trend may be losing steam.