XRP has decisively broken through the critical $1.40 resistance level, now leading weekly gains among the top 10 cryptocurrencies by market capitalization. Data from CoinGecko reveals the asset surged 2.1% in the last 24 hours and 6.9% over the past week, signaling a potential major breakout despite a 6.8% monthly decline. Analysts are now watching to see if this momentum can propel the price toward the $1.70 mark.

Can XRP Continue Its Price Rally And Hit $1.70?

XRP’s latest price surge could be due to a few different developments. Firstly, Ripple has a new partnership with South Korean company Kyobo Life Insurance. Kyobo Life Insurance aims to test tokenized government bond settlement using Ripple’s blockchain infrastructure.

Secondly, Solana (SOL) has teased a potential collaboration with XRP. SOL’s official X account posted a picture of the company’s logo surrounded by what seems like XRP logo, with the caption “XRP.” The post has caused quite a stir within the Solana (SOL) and XRP circles.

XRP pic.twitter.com/PEqNUf1H4S

Furthermore, the larger crypto market has also shown signs of a recovery over this week. Bitcoin (BTC) briefly climbed to $75,482, before slowing down. BTC’s resistance level seems to have risen to the $75,000 after facing substantial hurdles at the $73,000-$74,000 level. The larger market rebound may have fueled XRP’s price rally.

XRP ETF inflows have also surged over the last few days. Spot XRP ETFs saw $11.2 million and $17.1 million worth of inflows on April 14 and 15, 2026. ETF inflows may have also helped XRP latest upswing.

CoinCodex analysts anticipate XRP to remain above the $1.40 mark over the coming months. The platform predicts XRP will hit the $1.70 price level on July 3, 2026. Hitting $1.70 from current price levels will entail a rally of about 18.8%.