XRP (XRP) rose in step with the broader risk complex after President Donald Trump signaled willingness to keep the door open for talks with Iran, boosting optimism that a potential deal could reduce geopolitical tensions in the Middle East.
The XRP/USD exchange rate jumped by almost 4% in the last 24 hours to reach $1.37.
Traders moved back into risk assets as signs of ongoing US-Iran talks fueled hopes for a diplomatic breakthrough, offsetting some of the anxiety caused by the Strait of Hormuz blockade.
Markets also appear to view the US move as a targeted attempt to pressure Iran’s oil revenues while ultimately working toward safer shipping routes, raising expectations that energy flows may resume over time.
The MSCI All Country World Index (ACWI) rose 0.4%, putting it on track for its longest winning streak since September, while Asian equities gained 1.5% and European shares looked set to open higher.
Brent crude slipped 0.9% to $98.44 a barrel, the dollar weakened against most major currencies, and Treasuries firmed as easing oil prices helped cool inflation fears.
Binance’s ERC-20 stablecoin reserves have climbed to about 46.3 billion, their highest level since early February, after rebounding by roughly $5 billion from the cycle low.
The recovery suggests fresh fiat-linked liquidity is moving back onto the exchange, often seen as a sign that traders are rebuilding buying power for assets such as XRP, Bitcoin, and other altcoins.
Although reserves remain below the $51 billion cycle peak from November 2025, the latest increase points to improving market depth and a stronger cushion against near-term downside volatility.
For XRP, the trend may support bullish sentiment, especially if stablecoin inflows continue rising toward prior peak levels.
XRP liquidity on Binance has fallen to its lowest level since 2021, pointing to a sharp slowdown in trading activity around the token, according to data resource CryptoQuant.
The liquidity index recently dropped to about 0.053, while 30-day trading volume slid to roughly 3.77 billion XRP, among the weakest readings in recent years. XRP was changing hands near $1.33 at the time, with muted price swings reflecting the softer market depth.
The trend suggests traders remain cautious and are waiting for a fresh catalyst. Still, such low-liquidity phases often precede larger price moves once volume and participation begin to recover.
Glassnode data show XRP’s long-term holders have been in a steady accumulation phase since January 2026, not just recently.
The Hodler Net Position Change metric has remained mostly positive for months, with net additions often holding in the 200 million to 300 million XRP range even as XRP traded near the $1.30 area.
That marks a clear shift from the heavy distribution seen through much of mid-to-late 2025, when long-term holders were reducing exposure as prices remained elevated.
The sustained accumulation suggests larger investors have been consistently buying weakness and absorbing supply during XRP’s broader downtrend.
Yashu Gola is a crypto journalist and analyst with expertise in digital assets, blockchain, and macroeconomics. He provides in-depth market analysis, technical chart patterns, and insights on global economic impacts. His work bridges traditional finance and crypto, offering actionable advice and educational content. Passionate about blockchain's role in finance, he studies behavioral finance to predict memecoin trends.