The CEO claims that XRP could achieve staggering growth by the end of the year

Featured in:
abcd

Investor interest increased by 30%. This is part of Canary Capital CEO Steven McClurg’s predictions for XRP before December, in addition to a price that he believes could double from its current price.

Road to the end of the year

McClurg, who heads one of the first companies to apply for the position XRP a fund listed on the US stock exchange has set a three-phase path for the market to follow for the rest of 2026.

sadasda

In his opinion, the near future will be tough. The summer is expected to bring pressure to both stocks and cryptocurrencies in general, with the run-up to the midterm elections drawing attention and money away from the markets.

But McClurg’s prospects change dramatically once the election season ends. In a post-medium-term environment, ETF inflows are likely to accelerate, partly as a result of potential crossover, he said CLARITY Act and growing activity around real-world asset tokenization.

He suggested that institutional investors were waiting for this type of regulatory clarity before investing larger sums.

ETF inflows are already building

The timing of his comments comes after a mighty week for XRP ETFs. Net inflows reached $60 million last week, the best single-week result so far in 2026, taking the total to $1.39 billion. McClurg said he expects that number to boost by another 30% by the end of the year.

At the time of writing, XRP was trading around $1.40. Doubling this price by December would take the token above $2.80. Regardless of whether the forecast comes true, emerging data indicates a real and growing institutional appetite for XRP exposure through regulated fund products.

A specific goal with a specific timeline

McClurg did not hide his views with vague language. He put a number on it and attached a date. This kind of precision from the director of a fund with direct influence on the XRP market usually attracts attention, and his comments are already widely disseminated.

His broader assumption rests on a combination of regulatory progress, post-election capital turnover and continued ETF adoption. All three would have to show up more or less on schedule for his year-end goal to be met.

Summer, by his own admission, will test this thesis before he has a chance to prove it in the second half of the year.

Featured image from iStock/3DSculptor, chart from TradingView

abcd
sadasda

Find us on

Latest articles

Related articles

See more articles

Ripple Remedies fight returns to SEC filing as final...

Ripple Remedies Fight Gets Resubmitted to SEC as Debate Over Final Penalty Drags on is the kind...

Bonzo Lend Loses $9 Million in Oracle Exploit on...

Hedera-based lending protocol Bonzo Lend lost approximately $9 million after an attacker manipulated the price of SAUCE...

Dogecoin traders eye $0.13 as DOGE regains key technical...

Dogecoin Traders Watch $0.13 as DOGE Recovers Key Technical Level is the kind of cryptocurrency story that...

Bitcoin Heads into Overdue Bear Market: Jamie Coutts, Real...

According to Real Vision's chief cryptocurrency analyst, Jamie Coutts, Bitcoin may enter the final phase of the...

Tether’s integration with TON pushes USDT deeper into Telegram’s...

Tether's integration with TON pushes USDT deeper into Telegram's cryptocurrency. It's the kind of crypto story that...

Ethereum Rises 3% on Tokenization Boom: Can Bulls Push...

The price of ether (ETH) rose 3% between Thursday and Friday, outperforming the broader cryptocurrency market. The...