History Says This Cryptocurrency Could Go Parabolic After the 2026 Midterm Elections

XRP (CRYPTO: XRP) may trade at just $1.35, but it has had several periods in the recent past when it has delivered truly explosive returns in a very short time.

That's why XRP is currently my top pick for the one cryptocurrency that could go parabolic after the 2026 midterm elections.

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A history lesson from 2024

Just think back to November 2024, in the days leading up to the presidential election. At the time, XRP was trading at just $0.50, and many investors had given up on it entirely. A long-running SEC case against Ripple (the company behind the XRP token) showed no signs of ending, and XRP was largely trading sideways throughout 2024.

But within a matter of weeks, XRP went parabolic. Between November 2024 and January 2025, XRP soared from $0.50 to $3.40, a gain of 580%. As a result, top investors rushed to put out aggressive new price targets for XRP. Some even think XRP might break through the $10 mark by the end of the year.