Charles Hoskinson, the founder of Cardano, shared insights into XRP’s recent price increase, stating that it reflects a return to its historical standing. Speaking with Aaron Arnold from Altcoin Daily, Hoskinson said the rise was not a result of hype but a repricing based on easing regulatory pressure.
XRP reached $2.41 on the morning of January 6, 2026. This marks a 36.15% increase from its December low of $1.77. The upward movement started gaining momentum after a period of regulatory uncertainty began to clear.
Hoskinson identified the exit of former U.S. SEC Chair Gary Gensler as a major factor in the price recovery. Gensler, who stepped down in early 2025, had taken a strict approach to regulating digital assets and was known for continuing the legal battle against Ripple.
Although the SEC lawsuit against Ripple began under Jay Clayton, Gensler’s tenure saw intensified enforcement. He pursued multiple legal actions, including an appeal on rulings that had gone against the SEC. This legal uncertainty weighed heavily on XRP’s performance in previous years.
With Gensler’s departure, the case began moving toward a resolution. As a result, investors began returning to XRP, helping the price rally and restoring some of its former market value.
Hoskinson suggested that XRP’s rise was part of a broader rebalancing rather than a speculative pump. “It’s not surprising to see XRP move back toward its historical place in the market,” he said during the interview. He also pointed to the strength and consistency of the XRP community.
According to Hoskinson, XRP has always had a strong user base and remains one of the most recognized crypto assets. Its recovery in value may reflect investors re-evaluating XRP based on updated market and legal conditions.
Although the token dropped to around $1.50 in October 2025 after a brief summer rally, it has since gained momentum. XRP rose from $1.84 at the start of 2026 to $2.40, a 30.43% increase.
In a recent online post, Hoskinson made an unexpected outreach to the XRP community, asking which projects should be invited to a proposed DeFi summit at the University of Edinburgh. This move was notable due to past tensions between the Cardano founder and parts of the XRP community.
In 2025, Hoskinson had criticized sections of the XRP fanbase for spreading misinformation and accused them of harassment. Despite that, his recent message focused on building connections, and many XRP developers responded with interest.
The discussion around XRP’s potential future now includes interest in DeFi and possible ETFs. The token remains among the top cryptocurrencies by market cap and has growing support among institutions and retail investors alike.
If these developments continue, XRP may revisit its July 2025 high of $3.65 or move higher, supported by legal clarity and expanding use cases.
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