Ripple’s cross border payment token XRP has made a strong comeback this week as optimism surrounding a potential peace agreement lifted sentiment across the crypto market.
According to onchain analytics firm Santiment, XRP has staged an impressive recovery. The token climbed more than 13 percent within 24 hours and reclaimed the $1.28 mark for the first time in two weeks.
Market participants responded positively to reports suggesting that the conflict between the United States and Iran had reached a resolution, easing a major source of uncertainty that had weighed heavily on risk assets.
XRP has endured a difficult year, dropping more than 50 percent from its January peak above $2.30 to a low of $1.10 on June 11 before beginning its latest rebound.
What Comes Next for XRP?
Santiment noted that the recovery is particularly significant because it followed one of the weakest periods of investor sentiment seen in 2026. The firm said that such extreme pessimism often creates the perfect setup for a powerful relief rally once fear starts to subside.
The analytics company has repeatedly argued that periods of maximum fear and uncertainty tend to precede strong market rebounds, as prices frequently move against prevailing crowd expectations. Large holders continue to play a major role in the XRP ecosystem, providing substantial support for the asset.
Data from Santiment shows that wallets holding at least one million XRP now control more than 74 percent of the token’s total supply. These major holders have accumulated an additional 1.53 billion XRP over the past six months.
Crypto analyst CasiTrades identified the $1.30 level as a critical resistance zone. She warned that XRP could still fail to break above it and potentially retreat toward support around $0.90.
Even so, she acknowledged that the recent rebound has been stronger than anticipated.
“If this momentum continues, we may be witnessing the early stages of a new trend rather than the final leg of a broader decline,” she said.
She added, “What I am seeing right now is strength, potentially the strongest we have seen in months. It still needs confirmation, but it is exciting to finally see some life returning to this market.”
Other Altcoins Also Post Strong Gains
Although XRP’s 13 percent rebound has attracted attention, several other altcoins have delivered even stronger performances.
Zcash has surged nearly 30 percent over the past few days, climbing to $53.50 on Monday, its highest level since the sharp selloff recorded on June 4. The rally followed a security audit conducted by Anthropic’s Claude Mythos, which reportedly found no major vulnerabilities within the protocol.
Bittensor’s TAO has also jumped more than 30 percent in recent days, reaching $285. The token’s gains have been fueled by the United States blockade of Anthropic’s flagship Fable 5 and Mythos 5 models, a development that has increased interest and investment in decentralized artificial intelligence initiatives.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic
