Not Bitcoin, not Ethereum: CNBC names XRP as the "Hottest Cryptocurrency of the Year"

BTC0,56%
ETH0,55%
XRP-0,29%
SOL0,69%

CNBC publicly named XRP as the “Hottest Cryptocurrency of the Year” on the popular financial program “Power Lunch,” which quickly drew market attention. The show’s host Brian Sullivan straightforwardly stated that the most outstanding mainstream crypto asset this year is not Bitcoin or Ethereum, but XRP, with its significant gains and market cap ranking showing clear advantages.

Sullivan pointed out that XRP has gained over 20% since the beginning of the year, significantly outperforming Bitcoin and Ethereum. Currently, XRP’s market cap has risen to the third largest cryptocurrency in the world, behind only Bitcoin and Ethereum. This ranking change has become an important basis for CNBC’s “Hottest of the Year” evaluation.

In terms of price performance, XRP opened at $1.84 when entering 2026, then quickly strengthened, reaching a high of $2.41, with a staged increase of 30.97%. Although recent market technical corrections caused XRP to fall back to around $2.25, the total increase for the year remains above 22%, demonstrating relatively strong capital support.

By comparison, Bitcoin’s price at the start of the year was about $87,508, reaching a high of $94,762, with an increase of approximately 8.28%; Ethereum rose from $2,967 to $3,303, with an increase of about 11.32%. Among mainstream assets, XRP’s performance is clearly leading, further reinforcing its position as a “front-runner” in this stage.

CNBC reporter MacKenzie Sigalos analyzed the logic behind XRP’s rise, noting that this is not short-term speculation but the result of multiple factors working together. She mentioned that, against the backdrop of a generally weak crypto market in Q4 2025, some funds have begun to pre-position in XRP. Notably, XRP ETFs continued to attract funds during the market downturn, with a net inflow of $1 billion in the first month, and no net outflows, forming a stark contrast to the volatility of Bitcoin and Ethereum ETFs.

Additionally, Sigalos believes that XRP is more “trading-friendly,” more resilient, and easier to benefit from capital rotation compared to BTC and ETH. As market focus shifts from leading assets to projects with clear application scenarios, XRP and Solana are gradually being viewed as “the next hot choices.”

She emphasized that XRP’s long-term positioning in cross-border payments, its transaction speed advantage, and low-cost features remain key to attracting real-world financial institutions. This also means that current capital flows are tilting toward blockchain assets with practical financial application potential, and XRP’s strong performance at the start of the year is a direct reflection of this trend.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

The U.S. government transferred 2.44 BTC to a certain CEX, worth about $177k

Gate News message. On April 10, according to Lookonchain monitoring, the U.S. government (funds seized involving Glenn Olivio) today deposited 2.44 BTC to a CEX, worth approximately $177k.

GateNews32m ago

BlackRock withdrew 2,700 BTC and 30,000 ETH from a certain CEX.

Gate News, April 10, according to Onchain Lens monitoring, BlackRock withdrew 2,700 BTC (worth $196.87 million) and 30,000 ETH (worth $67.42 million) from a certain CEX.

GateNews36m ago

Bhutan’s Bitcoin reserves are down by more than 70%, with the sovereign wealth fund DHI frequently transferring assets, drawing attention

The Royal Government of Bhutan recently transferred approximately $18 million worth of Bitcoin. Its holdings have decreased from about 13,000 BTC in 2024 to 3,774 BTC, a reduction of more than 70%. The assets are managed by Druk Holding, and the country uses hydropower to mine Bitcoin. The recent transfers may be related to infrastructure financing needs. Bhutan still remains one of the world’s major Bitcoin-holding countries.

ChainNewsAbmedia1h ago

Tom Lee: The market is showing signs of forming a bottom; Ethereum, BMNR, and Bitcoin are recommended.

Gate News message, April 10, renowned market analyst Tom Lee posted that there are increasing signs the market bottom has already formed, even though the overall market still generally remains skeptical. Tom Lee suggested that for investors who are still skeptical, they could consider buying assets that performed ahead during the U.S.-Iran war. He pointed out that Ethereum and BMNR are among his top picks, and Bitcoin is also included among the recommendations. Tom Lee believes that crypto assets have already proven themselves to be a store of value during wartime.

GateNews1h ago

In the past hour, total liquidations across the entire network reached $43.04 million, with BTC liquidations of $21.52 million

Gate News news, on April 10, Coinglass data shows that over the past 1 hour, the total liquidation amount across the entire network reached $43.04 million. Of this, short positions were liquidated for $38.65 million, and long positions were liquidated for $4.38 million. By coin, the liquidation amount for BTC reached $21.52 million, and for ETH it reached $10.83 million.

GateNews1h ago
Comment
0/400
MrKingvip
· 01-07 08:02
Buy To Earn 💎
Reply0
MrKingvip
· 01-07 08:02
2026 GOGOGO 👊
Reply0
MrKingvip
· 01-07 08:02
Happy New Year! 🤑
Reply0
PushYouIntoTheRivervip
· 01-07 07:51
Just sent it to you
View OriginalReply0