XRP Stages ‘Impressive Comeback’ Following Major Sentiment Slump: Santiment

XRP has “staged an impressive comeback,” reported onchain analytics firm Santiment on Monday. The token surged more than 13% in just 24 hours and reclaimed the $1.28 level for the first time in two weeks, it added.

Traders have reacted positively to reports that the US-Iran conflict has reached a resolution, “removing a major source of uncertainty that had pressured risk assets.”

XRP has been battered this year, falling more than 50% from over $2.30 in January to bottom out at $1.10 on June 11, before it started to recover.

Where Next For XRP?

The rebound has been especially notable because it came after sentiment had fallen to some of its lowest levels of 2026, “creating the conditions for a powerful relief rally once fear began to fade,” said Santiment.

The company often claims that maximum fear and doubt often lead to a relief rally as the markets move opposite to crowd expectations. Whales have dominated the ecosystem as XRP continues to benefit from strong support among its largest holders.

Santiment onchain data indicates that wallets holding at least 1 million XRP now hold more than 74% of the entire supply, accumulating an additional 1.53 billion tokens in the past six months.

CasiTrades observed that the $1.30 level is a major resistance point, and there is still a chance that XRP can’t break it and falls back to support at $0.90, she said.

However, the recent bounce has been stronger than expected, she said before adding, “If this momentum continues, we may be looking at the early stages of a new trend rather than a final move lower.”

Other Altcoins Recovering Well

XRP’s 13% recovery bounce is impressive, but others have outperformed it. Zcash has surged almost 30% over the past few days, reaching $535 on Monday, its highest level since its huge crash on June 4. The move followed a security audit by Anthropic’s Claude Mythos, which found no serious vulnerabilities in the protocol.

Bittensor’s TAO has also skyrocketed more than 30% in recent days to reach $285. It has been spurred by the US blockade of Anthropic’s flagship Fable 5 and Mythos 5 models, spurring interest and investment in decentralized AI.

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