XRP rose about 47.6% in Q3 2026, according to the latest onchain data, extending its strongest quarterly performance of the year and reversing losses from two consecutive down quarters. The token recently broke through resistance around $1.60 after trading below that level for several months and was priced at $1.53 at the time of writing. Kalshi traders are betting XRP will reach $1.70 before the month ends, implying a gain of more than 11% in three days. An earlier account put the quarterly gain at 48.1% and attributed the rally to a short squeeze and inflows into U.S. spot ETFs, while also citing historical trends in assessing XRP's outlook.