Key Takeaways
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CNBC’s labeling of XRP as the “hottest crypto trade” of 2026 has amplified attention on the token.
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XRP has outperformed Bitcoin and Ethereum in recent weeks.
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Technical indicators suggest room for further gains if momentum holds.
CNBC this week singled out XRP as the “hottest crypto trade” of 2026, highlighting a sharp rally that has pushed the token ahead of Bitcoin (BTC) and Ethereum (ETH) in recent performance.
The endorsement has divided traders, with some viewing the renewed mainstream attention as validation of further upside, while others see it as a potential signal that the rally may be approaching a peak.
On air, CNBC emphasized that XRP’s recent gains have outpaced those of better-known digital assets, with one anchor stating that “the hottest crypto trade of the year is not Bitcoin, it’s not Ethereum — it’s XRP.”
The network noted that XRP has climbed more than 20% in recent weeks, overtaking Binance’s BNB token to become the third-largest cryptocurrency by market capitalization.
Despite broader weakness across parts of the crypto market, commentators described XRP as a “quiet outperformer” that has continued to attract capital even during recent pullbacks.
CNBC anchors pointed to XRP’s focus on cross-border payments as a key driver of investor interest.
The segment cited three factors supporting the rally:
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The resolution of Ripple’s long-running legal battle with U.S. regulators.
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Reduced crowding compared with Bitcoin and Ethereum trades.
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Sustained inflows into XRP-focused funds.
Still, some panelists questioned whether adoption by banks and global payment networks is advancing quickly enough to justify current prices.
“I like the narrative on XRP, but I’m questioning the timing,” one contributor said during the broadcast.
Reaction among traders on social media has been mixed, reflecting both optimism and caution following the high-profile coverage.
“XRP hype again, but we all know how that turned out last time lol,” one trader wrote on X.
From 2017 to early 2018, XRP surged from fractions of a cent to nearly $3.40, driven by heavy promotion as a bank-friendly cryptocurrency that could “replace SWIFT.”
That rally later collapsed amid regulatory and legal challenges, and XRP subsequently spent years trading 80–90% below its peak.
“CNBC calling something hot is usually the signal to start watching exits,” another trader wrote.
