XRP climbed to $1.14, up by about 2% in 24 hours, a price uptick driven by a broader rotation of capital into altcoins amidst Ripple’s launch of its new AI starter Kit.

The price shift is supported by a surge in crypto investors’ optimism and steady institutional inflows into XRP ETFs, even as retail sentiment remains weak.

The broader market is showing signs of capital rotation from Bitcoin to altcoins, reflecting an improved risk appetite for higher-beta assets like XRP.

Ripple CEO Brad Garlinghouse publicly confronted JPMorgan CEO Jamie Dimon over the CLARITY Act on Fox Business, keeping regulatory clarity in focus.

Concurrently, U.S. spot XRP ETFs have recorded five consecutive weeks of net inflows, adding roughly $2 million on June 12, demonstrating sustained institutional demand despite weak retail sentiment.