 ▲ Gold, Silver, XRP (XRP)/ChatGPT-generated image |
As geopolitical tensions in the Middle East escalate and uncertainty grows in global financial markets, XRP has recorded higher returns than traditional safe-haven assets such as gold and silver.
According to a March 11 report by The Crypto Basic, XRP has risen approximately 2.22% since February 28, when the conflict between Israel and Iran intensified. Typically, during wars or geopolitical crises, investors sell risk assets and move funds into safe havens. However, this time a different pattern has emerged. Over the same period, gold rose only 0.42%, while silver posted a modest gain of 0.16%. Meanwhile, the S&P 500 Index, representing the U.S. stock market, fell 1.1%, struggling amid the turmoil.
Immediately after Israel and the United States launched strikes on Iranian facilities on February 28, followed by Iran’s retaliatory measures, global markets plunged into fear. The total cryptocurrency market capitalization dropped to $2.16 trillion, and XRP fell sharply to $1.27. However, XRP quickly entered a recovery phase after hitting this bottom. Market participants had anticipated further declines due to the downtrend that had continued since the fourth quarter of 2025 and mounting geopolitical pressure, but the result was a rebound.
XRP surged to $1.47 on March 4 before facing resistance and has since regained the $1.40 level this week. Compared to its price of $1.35 at the onset of the conflict, it has demonstrated solid resilience. In contrast, gold edged up slightly from $5,182 to $5,204 per ounce, and silver moved from $88.13 to $88.27 per ounce. U.S. Treasury prices also continued to decline, indicating that traditional hedging instruments are reacting sensitively to the impact of the Middle East conflict.
Experts analyze that XRP’s performance is less about its own intrinsic strengths and more about riding the broader recovery of the cryptocurrency market driven by Bitcoin’s resurgence. In fact, the overall crypto market has risen 4.8% since the conflict began, surpassing XRP’s returns. Nevertheless, the fact that a highly volatile digital asset has shown greater rebound strength than traditional financial assets amid an intense geopolitical crisis offers new implications for asset allocation strategies.
The cryptocurrency market is currently consolidating momentum to enter a new phase of price discovery while successfully defending against geopolitical risks. As traditional assets remain constrained by energy price fluctuations and concerns over a prolonged war, digital assets have proven relatively swift resilience. Investors view developments in the Middle East and Bitcoin’s further upside potential as key variables that will determine the future direction of major assets, including XRP.
*Disclaimer: This article is for investment reference only and we are not responsible for any investment losses based on it. The content should be interpreted for informational purposes only.*