XRP Surges 10.54% in 24 Hours, Market Cap Hits $142.6 Billion
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 06 2026- Strong Market Performance: XRP surged 10.54% in the last 24 hours, with its market capitalization rapidly expanding to approximately $142.6 billion, reflecting robust market demand and investor confidence, making it one of the strongest large-cap cryptocurrencies this month.
- Surge in Trading Volume: XRP's trading volume reached $6.74 billion, indicating broad market participation that surpasses speculative trading, further solidifying its position as a leading crypto asset.
- Technical Breakthrough: XRP cleared the resistance zone of $2.28 to $2.32, pushing the price back above the 200-day EMA near $2.35, confirming a short-term bullish trend and indicating a healthy market structure.
- Derivatives Market Response: Open interest in futures jumped 23% to over $4.7 billion, showing that leveraged participants reacted positively to the breakout, although the Fear & Greed Index still reflects cautious sentiment, suggesting potential for trend continuation.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
