XRP stagnates at $1.35 while HYPE token's explosive rally steals the spotlight
The price of XRP remains stuck near $1.3518, struggling to break above key moving averages. Meanwhile, Hyperliquid’s HYPE token has surged to record highs, leaving many retail investors wondering whether XRP—or any other altcoin—can match its rapid gains.
This week, spot XRP ETFs recorded net inflows of $12.57 million, pushing total assets under management to $1.15 billion. Yet, analysts warn that even a favourable Senate ruling may not be enough to spark a major rally for the token.
Hyperliquid’s HYPE token reached an all-time high of nearly $62.50 in May 2026, fuelled by scarcity and aggressive buybacks. The project also saw $63.96 million in spot ETF trading within its first eight days in the U.S., drawing funds away from Bitcoin and other altcoins.
XRP, by contrast, faces a different market dynamic. Its large token supply and lack of a deflationary model make a HYPE-style price surge unlikely. Analysts estimate that achieving a similar pump would require billions in new inflows—capital that is currently not available in the market. On the regulatory front, the Senate Banking Committee recently advanced the Digital Asset Market Clarity Act. If passed, the legislation could provide a stronger foundation for institutional investment in XRP. However, even with this support, market forecasts remain cautious. The most optimistic target for XRP, assuming a positive Senate outcome, is a return to $2.00–$2.80 within the year. Should current support levels break, the price could drop as low as $1.00.
While regulatory progress may improve long-term confidence in XRP, traders are not expecting a short-term speculative surge. The token’s large supply and current market conditions limit its upside potential. For now, XRP’s price movement remains constrained, with key resistance levels still out of reach.
