XRP Becomes the Fourth-Largest Cryptocurrency Amid 10% Price Surge
The cryptocurrency market is buzzing as Ripple’s native token, XRP, leaps into the spotlight. Bolstered by strong ETF inflows and broader market trends, XRP has climbed nearly 10%, surpassing Binance Coin (BNB) to become the fourth-largest cryptocurrency by market capitalization.
What Led to XRP’s Remarkable Rise?
Steady inflows into spot XRP ETFs have significantly fueled XRP’s recent uptrend. On June 2, 2026, these ETFs recorded an impressive $13.59 million in inflows, a testament to the growing confidence of long-term investors. Since their inception in November 2025, XRP ETFs have amassed nearly $1.18 billion in net inflows, pushing total assets under management to an approximate $1.37 billion.
Additionally, trading activity has surged dramatically, with XRP’s 24-hour trading volume increasing by nearly 180% to close to $4 billion. Many experts interpret such high volume as a signal of bullish market sentiment, with participation from both retail traders and institutional investors.
Broader Crypto Market Influence
XRP’s rally coincides with a bullish momentum across the broader crypto market. Bitcoin has reclaimed the pivotal $90,000 mark, spurring positive sentiment among traders. Leading cryptocurrencies like Ethereum, Solana, and Cardano have followed suit, posting notable gains.
While XRP recently hit $2.05, it remains well below its July 2025 high of $3.68, indicating room for further growth during this recovery phase. If the token can break past the critical resistance zone of $2.17, analysts predict a potential surge to $2.80, with $3.00 emerging as a key psychological target.
Long-Term Indicators: XRP Supply Shift
Another critical indicator of XRP’s bullish outlook is the dramatic reduction in exchange supply, now at an 8-year low. Over 50% of the token’s supply has shifted off exchanges into cold storage since October, a move that underscores long-term confidence among holders. A thinner exchange supply makes XRP’s price more sensitive to demand, amplifying its volatility and potential for upward movement.
Spotlight on a Crypto Tool: Secure Your Investment
If you’re diving into cryptocurrencies like XRP, secure storage is vital to protect your investment. One excellent option is the Ledger Nano X, a leading hardware wallet designed for safe crypto management. It supports XRP and numerous other tokens, ensuring your assets are shielded from potential hacks and online threats.
Final Thoughts
XRP’s recent performance highlights its resilience and potential amid broader market trends. Robust ETF inflows, active trading, and declining exchange supply indicate growing investor confidence. As the token gains momentum, breaking the $2.17 resistance could pave the way for even greater milestones ahead.
