XRP Price Rallies as Iran-Israel Reach Ceasefire Agreement

On Monday, both Iran and Israel approved the ceasefire agreement mediated by US President Donald Trump. Israeli Prime Minister Benjamin Netanyahu announced Israel’s agreement to a truce following a statement from the U.S. President Donald Trump.

Similarly, Iranian Foreign Minister Abbas Araghchi pledged that Iran would cease fire on the condition that Israel does the same.

With the easing of geopolitical tensions, risk-on market sentiment picked up quickly, boosting investors’ appetite for altcoins and driving XRP’s price higher. The accumulation by $XRP whales has also supported this #Ripple price rally.

According to Glassnode data, the total supply held by addresses with 10,000 to 100,000 XRP has steadily grown since December 2024, even amid geopolitical tensions such as the recent Israel-Iran conflict.

This cohort now controls over 7.34 billion #XRP, up from approximately 6.8 billion a year ago, indicating a pattern of strategic dip-buying and sustained confidence in XRP’s long-term potential.

Their continued accumulation likely acted as a stabilizing factor during recent market turbulence, enabling XRP to recover more swiftly as risk appetite improved across broader markets.

Meanwhile, with a 90% chance of SEC approval for a spot XRP ETF, investor optimism remains strong.