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It is five months into 2026 and the question in the XRP community is whether its price could reach a record high this year. XRP rose to a high of $3.66 last July before it fell.
2026 began on a positive note with XRP hitting a high of $2.41 in its first week. However, the rise was short-lived as XRP declined and subsequently entered sideways trading.
As uncertainty remains in the market, prediction markets are beginning to put a number on one of the biggest questions for XRP, which is whether it can reach an all-time high in 2026.
18.1% chance of XRP setting a new high
According to live data from XRP-powered prediction market, Axiom Protocol, traders are predicting an 18.1% chance that XRP will set a new all-time high in 2026.
The figure is a cautious one, indicating that while a breakout is possible, most of the respondents do not see it by any means as a sure thing.
At a current price of $1.28, XRP is down over 65% from its mid-July 2025 high. This implies XRP might need to rally more than 186% to reach a new record high.
Silver lining emerges
The 18.1% odds of XRP setting a new all-time high in 2026 come amid the backdrop of selling in the market, with crowd sentiment turning negative.
In a tweet, Santiment noted that the average XRP trader that has been active in the past 30 days is down 47%, with many selling at the bottom. XRP has entered an extremely undervalued zone with the 30-day MVRV falling to the lowest level since December 2020, suggesting that fear and frustration among traders have reached rare extremes.
This, however, comes with a bit of positivity: reduced selling pressure creates conditions for a rebound. Santiment noted that this kind of fear and skepticism has historically acted as a contrarian signal for XRP's price and has preceded strong rebounds.
Dan Burgin
