Canary Capital CEO Steven McClurg predicts a 30% increase in investor interest in XRP before December, along with a potential doubling of its current price. McClurg, whose firm was among the first to file for a spot XRP exchange-traded fund (ETF) in the US, outlined a three-phase market path for the rest of 2026. He expects the near term to be tough, with summer bringing pressure to both stocks and crypto, and midterm elections diverting attention and money from markets. However, his outlook improves sharply after the elections. He believes post-midterm conditions will accelerate ETF inflows, driven partly by the possible passage of the CLARITY Act and growing real-world asset tokenization. Institutional investors, he says, have been waiting for clearer regulations before committing larger sums.
ETF inflows are already building. Last week, XRP ETFs saw net inflows of $60 million—the best single-week performance in 2026—bringing the total to $1.39 billion. McClurg expects that figure to grow another 30% by year-end. At the time of his comments, XRP was trading around $1.40. A doubling by December would push the token above $2.80. Whether or not this prediction holds, the inflow data shows real and growing institutional demand for XRP through regulated funds.
McClurg didn’t hedge his outlook with vague language. He gave a specific number and a deadline. Such precision from a fund executive with direct stakes in XRP tends to attract attention, and his comments are already spreading widely. His broader bet relies on a mix of regulatory progress, post-election capital shifts, and continued ETF adoption. All three would need to align more or less on schedule for his year-end target to materialize. Summer, he admits, will test that thesis before the second half of the year gets a chance to prove it right.
Frequently Asked Questions
Here is a list of FAQs based on the topic of a potential XRP surge as suggested by a CEO The questions are written in a natural conversational tone with clear and simple answers
FAQs Is XRP About to Surge
1 Whats this Im hearing about XRP surging Who said that
A CEO of a major crypto or financial firm recently predicted that XRP could see a big price increase by the end of the year The prediction is usually based on legal wins new partnerships or broader market trends
2 Why would the CEO think XRP will surge
Typically these predictions are based on a few key factors the end of the long SEC lawsuit new bank partnerships using Ripples payment technology or a general crypto market rally
3 Is this a guaranteed thing Should I buy XRP right now
No its not guaranteed Its a prediction not a fact Crypto is very risky and volatile You should never invest based on one CEOs opinion Do your own research and only invest what you can afford to lose
4 What is XRP actually used for
XRP is a digital currency used for fast lowcost international payments Banks and financial institutions can use it to settle crossborder transactions in seconds instead of days and at a fraction of the cost of traditional systems like SWIFT
5 How is XRP different from Bitcoin or Ethereum
Bitcoin is digital gold
Ethereum is a platform for apps and smart contracts
XRP is a payment bridge Its designed for speed and low fees not mining or smart contracts
6 Whats the SEC lawsuit everyone talks about
The US Securities and Exchange Commission sued Ripple Labs claiming XRP was an unregistered security In 2023 a judge ruled that XRP is not a security when sold to the public on exchanges which was a huge legal win for Ripple That victory removed a major cloud of uncertainty
7 If the lawsuit is over why hasnt XRP already surged
Legal clarity is