XRP rose 13 percent over 24 hours and briefly regained $1.28 for the first time in two weeks. A short-term rebound emerged as investor sentiment recovered after falling to its weakest level so far in 2026.

U.Today reported on June 15 that the rebound is drawing attention as it coincides with increased buying by large holders. On-chain data show wallets holding at least 1 million XRP now control 74.1 percent of total supply. These wallets bought an additional 1.53 billion XRP over the past six months. Large holders classified by the market as so-called whales steadily increased their positions during the decline.

Market data firm Santiment pointed to easing excessive fear as a backdrop to the recent surge. Santiment said conditions could be in place for a "relief rally" as investor fear subsides. More important than the rebound itself is that supply and demand shifted quickly after bearish sentiment peaked.

Ripple’s institutional strategy in its ecosystem is cited as a factor supporting medium- and long-term expectations. Expansion of Ripple’s institutional payments network was still presented as a key focus of investor interest. A push to expand tokenisation on the XRP Ledger is also emerging as a benchmark for traders assessing long-term utility and potential adoption.

A reassessment of Ripple’s existing strategy has continued in this 흐름. Hugo Philion (휴고 필리언), co-founder of Flare, appeared on a recent podcast and said rival projects once mocked Ripple as a "banker’s coin" but now prioritise the same enterprise payments infrastructure. Ripple CEO Brad Garlinghouse (브래드 갈링하우스) also agreed with that view. The point highlighted was that the institution-focused strategy once criticised is now acting as a strength in the current market environment.

Fund flows have also been favourable to XRP. Spot XRP ETFs have outpaced bitcoin and ether in net inflows for five straight weeks. That means institutional money has flowed in relatively steadily even as the broader market remains weak. Unlike other major assets that have seen outflows, XRP maintained steady inflows.

Market participants are focusing less on the short-term price rebound and more on how long the supply-and-demand structure will last. Expectations are forming that XRP’s recovery may not be limited to a short-term rebound if continued accumulation by whale wallets, expansion of the institutional payments network and tokenisation efforts on the XRP Ledger are sustained together.