XRP at $3.40 Won’t Shock Me, Says Canary Capital CEO, Shares Bold Timeline

thecryptobasic2026-08-24 08:35:42

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XRP at $3.40 Won’t Shock Me, Says Canary Capital CEO, Shares Bold Timeline

Canary Capital CEO Steven McClurg says he wouldn’t be surprised if XRP rises above $3.40 within the next few months as institutional lending and yield products grow on XRP Ledger (XRPL). In a recent interview with Paul Barron, McClurg said XRP’s recent rise is being driven by increased activity on the XRPL, including institutional lending, credit and yield opportunities.

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