XRP, UNI, and HYPE all posted double-digit weekly gains on Tuesday, riding a wave of risk-on sentiment fueled by SpaceX's record-breaking IPO and the finalization of the US-Iran peace deal. The three tokens — each tied to distinct corners of crypto — climbed alongside a broader rotation into decentralized exchanges and high-beta altcoins.
SpaceX IPO and Peace Deal Stir Markets
SpaceX completed the largest IPO in history, hitting a market value north of $2.8 trillion. Hours later, Donald Trump confirmed that a US-Iran peace deal is fully in place, with an official signing scheduled for June 19 in Switzerland. Investors poured capital into risk assets, and crypto was no exception. UNI, the native token of Uniswap, surged 24.3% in 24 hours and 49.7% over the past week, hitting $3.66. XRP rose 2% in a day and 8.9% over seven days to $1.21. HYPE, linked to the Hyperliquid derivatives platform, added 0.5% in 24 hours and 32.3% weekly, trading at $73.02 — still below its all-time high of $76.70.
XRP Support and Whale Activity
XRP found support in the $1.18–$1.20 zone, with resistance sitting at $1.25–$1.30. An upside target of $1.35 is in play if buying pressure continues. Analysts point to whale accumulation, steady inflows into XRP's spot ETF, and the expansion of the RLUSD stablecoin for cross-border payments as tailwinds. The token has also benefited from the broader shift toward real-world-asset-linked crypto products.
UNI's Rally Backed by Standard Chartered and DeFi Growth
UNI's momentum was reinforced by a bullish report from Standard Chartered and a rise in total value locked across decentralized finance protocols. The token cleared support at $3.10–$3.30 and is now testing resistance at $3.80–$4.00. If it breaks through, the next target is $4.50. Traders are watching whether the DeFi sector can sustain its share of capital flowing out of traditional markets.
HYPE and the Hyperliquid Derivatives Edge
HYPE's recent run is tied to Hyperliquid's dominant position in decentralized derivatives. The platform now lists perpetual contracts linked to SpaceX, giving traders a direct way to bet on the company's stock performance without leaving crypto. HYPE's support sits at $68–$70, with resistance at $76–$80 — a break above that range would push it past its all-time high. Whether it can hold above $73 will depend on how long the risk-on mood lasts.
For now, all three tokens are riding the same wave. The question is whether the SpaceX IPO and the peace deal will sustain capital inflows, or whether profit-taking will test those support levels in the days ahead.
