Key facts
- XRP price has rallied more than 60% in the past month.
- Cumulative net inflows into spot XRP ETFs have reached approximately $1.79 billion.
- Veteran trader Peter Brandt predicted a long-term XRP price target of $5.40.
- Standard Chartered reaffirmed its 2030 XRP price target at $28, but slashed its 2026 forecast to $2.80.
- Crypto analyst Ali Martinez noted a near-term target of $2 if XRP breaks above $1.60.
- Large XRP holders added over 470 million tokens, worth about $724 million, in five days.
XRP's price has experienced a significant rally, increasing by over 60% in the past month, fueled by strong investor sentiment and increasing inflows into spot XRP Exchange Traded Funds (ETFs). Analysts have shared optimistic long-term price targets, contributing to the bullish outlook.
Veteran trader Peter Brandt has analyzed XRP's chart patterns and historical cycles, predicting a long-term price target of $5.40, representing a potential 260% upside, though he stressed this was not a trading recommendation. Standard Chartered also provided price targets, reaffirming its 2030 forecast at $28 while revising its 2026 target downwards from $8 to $2.80. Other analysts, such as Ali Martinez, have identified a near-term target of $2, contingent on XRP breaking the $1.60 support level, and noted the formation of an inverse head-and-shoulders pattern.
The surge in spot XRP ETF inflows has been a key driver, with cumulative net inflows reaching approximately $1.79 billion and total net assets near $1.77 billion. Last week saw particularly strong inflows totaling $75.59 million, which coincided with an almost 13% weekly price increase for XRP. These inflows are seen as an indicator of strong buying interest from both retail and institutional investors.
Furthermore, on-chain data reveals significant accumulation by large XRP holders, or whales. Wallets holding between 1 million and 10 million XRP have added over 470 million tokens in the last five days, valued at around $724 million. This whale accumulation, alongside a 34% increase in new account creation on the network, suggests that large holders are positioning for a potential price breakout above $1.60.