As the news of the peace deal between the United States and Iran circulated, the crypto market cap rose more than 2% in the last 24 hours to reach $2.36 trillion.
During the same period, XRP has surged 13% to hit as high as $1.28 on June 15
As per the onchain analysis platform Santiment Intelligence, XRP has reclaimed the $1.28 level for the first time in two weeks. Traders have reacted positively to the Iran resolution report, removing a major source of uncertainty that had pressured risk assets. Notably, investor sentiment had last week dropped to its lowest level since October 2025.
Trending on TheStreet Roundtable: Millionaire wallets hold 74.1% of XRP supply Santiment Intelligence disclosed that, as per its onchain data, wallets holding at least 1 million XRP tokens now hold 74.1% of its entire supply. Millionaire traders have accumulated an additional 1.53 billion XRP tokens in the past six months. “XRP continues to benefit from strong support among its largest holders.” XRP traders are closely watching Ripple’s expanding institutional payment network and growing tokenization initiatives on the XRP Ledger, Santiment Intelligence said. These components have helped maintain long-term confidence despite recent price weakness, the platform added.