XRP Up 3%: What Is Driving The Rally?

Benzinga· 245 words · 2 min read
XRP (CRYPTO: XRP) is up 3% over the past 24 hours, with improving on-chain data and adoption trends supporting a bullish outlook. Trader Notes: Crypto chart analyst Ali Martinez said XRP whales accumulated about 40 million tokens over the past week, adding that a TD Sequential buy signal points to a potential rebound. XRP is holding support near $1.40, with analysts viewing the recent pullback as a short-term correction within a broader uptrend. Rising institutional interest is also contributing to improved sentiment. Standard Chartered analyst Geoffrey Kendrick projects XRP could reach $2.80 by 2026, with a broader range of $3 to $5 possible if momentum continues. Statistics: Data from Artemis shows stablecoin supply on the XRP Ledger has surged more than 100% since December 2025, reaching $568.9 million. Altcoin Buzz say stablecoin inflows are a key indicator of capital entering the ecosystem. The sharp increase suggests growing positioning and potential demand for XRP-related activity. Community News: In a sign of expanding utility, blockchain platform CACrypto has launched the "Green Mobility Challenge," a Web3 initiative built on the XRP Ledger. The program rewards users for physical activities such as walking, offering incentives including a $10 sign-up bonus and ongoing rewards for participation. The initiative aims to connect real-world behaviour with blockchain incentives, using automated payouts to drive engagement and promote healthier lifestyles. Image: Shutterstock Market News and Data brought to you by Benzinga APIs To add Benzinga News as your preferred source on Google, click here.