Ripple’s XRP token had quite a bullish year in 2025. The fintech company settled its lawsuit with the SEC, leading to a surge in investor sentiment. XRP went on to hit a new all-time high of $3.65 in July of last year, hitting a new peak after more than seven year. While the market is facing substantial bearish forces, let’s look at two reasons why XRP could hit a new all-time high in 2026, and two reasons why it may not.

2 Reasons XRP Climbs To A New All-Time High In 2026, And 2 Reasons It Won’t

XRP was called the hottest crypto deal of 2026 by CNBC. CNBC analysts seem to be quite bullish on the popular cryptocurrency. XRP saw the launch of several spot ETFs in late 2025. We could see a surge in ETF inflows over the coming months. ETF inflows have been a key driver behind Bitcoin (BTC) and Ethereum (ETH) hitting new peaks in 2025. A similar pattern could emerge for XRP in 2026.

Also Read: CNBC Highlights XRP as Top Crypto Performer: What It Means for Holders

Secondly, Deustche and Wells Fargo anticipate billions of dollars in tax refund to flow into the US stock market. However, there is a chance that retail investors will also buy the crypto market dip. Such a development could lead to a massive price surge for XRP. The asset could potentially even climb to a new all-time high if market conditions allow.

On the other hand, the crypto market is still quite fragile. Investors are keeping away from risky assets. Retail players seem to prefer safe havens such as gold and silver. If the pattern continues, XRP’s price could consolidate around current levels.

Another reason XRP may not hit an all-time high in 2026 could be due to macroeconomic uncertainties and slow economic growth. The global economy is far from fully recovered and investors may not have the confidence to invest in cryptocurrencies. Moreover, geopolitical tensions could inject fresh volatility into the market.