TL;DR:
- XRP posted a gain of more than 13% in just 24 hours and recovered the $1.28 level, its highest value in two weeks.
- According to Santiment, the rebound came after one of the worst sentiment moments of the year, creating the conditions for a rally that brought relief.
- Wallets holding at least 1 million XRP concentrate more than 74% of the total supply, having accumulated around 1.53 billion tokens over six months.
XRP staged what onchain analytics firm Santiment described as an “impressive comeback” after weeks of sustained losses and widespread negative sentiment. Ripple’s cross-border transfer token rose more than 13% in just 24 hours and recovered the $1.28 level for the first time since early June, according to Santiment. It is currently trading at $1.24 per unit.
The rebound occurred against a backdrop of greater risk appetite in the markets, driven by reports of a resolution to the conflict between the United States and Iran. According to the firm, that geopolitical easing removed a significant source of uncertainty that had been pressuring risk assets for weeks.
XRP had accumulated severe losses throughout 2026, falling more than 50% from the $2.30 recorded in January to bottom out at $1.10 on June 11, before beginning its recovery process.
🚀 XRP has staged an impressive comeback, surging +13% in just 24 hours and reclaiming the $1.28 level for the first time in two weeks. Like most altcoins today, $XRP traders have reacted positively to reports that the US-Iran conflict has reached a resolution, removing a major… pic.twitter.com/GrF5I4gWyU
— Santiment Intelligence (@SantimentData) June 15, 2026
Fear: The Catalyst Behind XRP’s Bounce
Santiment noted that this rebound was especially significant because it occurred after one of the worst sentiment moments of the year. The firm argues that peaks of fear and doubt tend to anticipate moves contrary to the crowd’s expectations, creating the conditions for a rally and, in turn, relief. On this occasion, that dynamic appears to have played out precisely.
The onchain analysis also revealed a total supply trend for the token, after incorporating 1.53 billion additional units over the past six months.
Some analysts warn that the $1.30 level represents a key resistance. If momentum fails to sustain the breakout, there is a possibility of a drop back toward support at $0.90. Nevertheless, they acknowledge that the rebound proved stronger than expected and that it could be marking the beginning of a new upward trend rather than the last move before a further decline.
Other Altcoins Also Recover
XRP’s surge was not isolated during the session. Zcash climbed nearly 30% in just a few days to reach $535, its highest level since its sharp drop on June 4, driven by a security audit by Claude Mythos from Anthropic that found no relevant vulnerabilities in the protocol. Meanwhile, TAO, the token of Bittensor, also rose more than 30% to $285, spurred by the US ban on Anthropic’s Fable 5 and Mythos 5 models, which redirected investor interest toward decentralized artificial intelligence.
