Foreign media commentators believe that for XRP to regain the $2 level by the end of 2026, it depends not just on a single positive factor, but more so on whether the overall crypto market can continue to maintain a risk appetite. The article mentions that XRP reached the $2 mark in January this year, but its trend has since weakened, and it even fell below $1 last month.
The short-term rebound failed to continue.
It was mentioned in the text that at the end of August, there was a brief rebound in the crypto market, with Bitcoin briefly returning above $80,000, and XRP also saw a rebound as a result. The factors driving this upward trend included the positive sentiment boosted by Trump's attendance at a White House crypto event, as well as a temporary improvement in market liquidity after the U.S. Treasury Department increased its bond repurchases.
However, this rebound did not last long. As Bitcoin fell back to around $77,000, XRP also weakened accordingly. Based on this, the article concludes that the current market is more of a temporary recovery rather than the starting point for a new round of sustained upward movement.
Around $1 is considered to be a support level.
The article suggests that if the market continues to correct, the price of XRP may once again approach the region above $1. The reason is that the pressures currently facing crypto assets have not disappeared, especially as inflation and interest rate expectations continue to affect the performance of risk assets.
It is mentioned in the text that the speech of Federal Reserve Chairman Kevin Warsh at the Jackson Hole Conference was prohawk, with a focus on inflation issues. If the United States continues to raise interest rates in the future, funds may continue to flow out of the crypto market, and both XRP and other mainstream tokens could come under pressure.
Liquidity recovery or continued pressure
In addition to interest rate factors, the article also mentions that the U.S. Treasury Department may subsequently withdraw some of the liquidity that was previously released. If the funds resulting from bond repurchases flow back into the Treasury Department's accounts, the available liquidity in the market could decrease, which could also put pressure on XRP and the broader crypto market.
Based on the above judgment, the article suggests that without new clear positives emerging, it will not be easy for XRP to return to $2 by the end of 2026. The key variables remain whether Bitcoin can strengthen again and whether the macro liquidity environment in the United States improves.
