XRP Gains 4% as Ripple Sets $1bn Income Target for 2026
XRP gained approximately 4% in 24 hours to $1.18 as Ripple set a $1 billion income target for 2026, a positive price move supported by a macro-driven risk-on rally across crypto.
Reflecting broader market optimism, XRP trading volume is up 55% in 24 hours to $1.42 billion.
Ripple CEO Brad Garlinghouse has set a hard target for the company: to reach $1 billion in recurring operating income by the end of 2026, CoinMarketCap reported, with the top executive emphasising that this billion will not include XRP token sales or holdings.
Growth is anticipated to be driven by segments such as Ripple Prime (institutional brokerage) and the expansion of the RLUSD stablecoin, with the company’s valuation reaching $50 billion in Q1 2026.
This expectation demonstrates Ripple’s resilience and reduces its reliance on token sales, which could lessen sell pressure. However, it also highlights a growing disconnect: Ripple’s business success does not directly translate into demand for XRP.
The overall cryptocurrency market is positive on Monday. Major digital assets, including Bitcoin and Ethereum, rallied overnight on June 14 after President Donald Trump announced the completion of a framework agreement to end the conflict with Iran.
This reduction in geopolitical risk triggered a classic risk-on move, lifting equity futures and crypto markets simultaneously. XRP, with a high beta to the overall market, moved in lockstep.
In addition, XRP exchange-traded products recorded approximately $10.68 million in net inflows for last week, marking the fifth straight week of inflows even as Bitcoin and Ethereum funds saw outflows.
This consistent demand highlights a divergence in institutional sentiment. Persistent ETF inflows suggest a base of long-term, non-speculative demand that can help cushion against broader market sell-offs.
The immediate catalyst has passed, leaving price action to technicals and follow-through demand. XRP has reclaimed the $1.14–$1.15 area, turning former resistance into a key support zone.
The 14-day relative strength index at 70.05 signals overbought conditions, suggesting near-term consolidation is likely. The short-term bias is cautiously bullish above $1.14, but overbought readings warn of potential profit-taking.
XRP’s gain was propelled by a macro shockwave that lifted all crypto boats, with steady ETF inflows providing a supportive foundation. The key test is whether it can consolidate recent gains.
