By @MarketforcesA
Publication Date: 2026-06-13 19:47:00
XRP price rises as Ripple launches XRPL AI Starter Kit
XRP climbed to $1.14, up about 2% in 24 hours, a price increase attributed to broader capital rotation into altcoins amid Ripple’s launch of its new AI starter kit.
The price shift is supported by a surge in crypto investor 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 improved risk appetite for higher beta assets like XRP.
Ripple CEO Brad Garlinghouse publicly confronted JPMorgan CEO Jamie Dimon about the CLARITY Act on Fox Business, with regulatory clarity taking center stage.
At the same time, US spot XRP ETFs have recorded five consecutive weeks of net inflows, adding around $2 million on June 12, showing continued institutional demand despite weak retail sentiment.
While ongoing regulatory progress and steady institutional buying are not driving a sharp increase, they are providing a supportive effect…
