Ether, Solana, XRP Surge Up to 10% as Majors Erase War Dip

What to Know
- 10.8% — Solana led the Sunday rebound among major tokens, climbing to $86.42 in 24 hours
- $66,843 — Bitcoin recovered most of Saturday's losses with a 5.2% gain after Iran's Supreme Leader death was confirmed
- 7.5% — Ether surged back toward $2,000, while Cardano, Dogecoin, XRP, and BNB each gained between 4.8% and 6.7%
- Polymarket prices a 78% chance of a U.S.-Iran ceasefire by April 30, but thin weekend liquidity means Monday's open will test the bounce
Ether, Solana, and XRP surged as much as 10% on Sunday as crypto majors clawed back nearly all of Saturday's war-driven losses. The broad recovery accelerated after Iranian state television confirmed the death of Supreme Leader Khamenei, a development traders interpreted as raising the odds of a shorter conflict. Bitcoin climbed 5.2% to $66,843, reversing most of the slide below $64,000 triggered by U.S. and Israeli strikes on Iran.
Solana Leads Crypto Recovery With Double-Digit Surge
Solana posted the strongest comeback among major tokens, soaring 10.8% to $86.42 over 24 hours through Sunday. Ether advanced 7.5% to reclaim $1,994, putting it back within striking distance of the $2,000 level for the first time since Thursday.
Cardano added 6.7%, Dogecoin gained 6.5%, XRP rose 5.6%, and BNB ticked up 4.8%. The rally gained traction after Iranian state media broadcast the Supreme Leader's death, which participants interpreted as increasing the probability of a swift resolution.
How Does the Weekly Picture Compare?
Despite Sunday's sharp bounce, the seven-day scorecard remains mixed. Bitcoin is still off 1.6% on the week, XRP has shed 2%, and Dogecoin is down 2.5%. Only Solana and Ether have clawed into positive weekly territory, up 1.7% and 1.1% respectively. The pattern reflects a market whipsawed by geopolitical headlines without establishing a clear trend — enormous weekend swings produced remarkably little net movement.
Thin Liquidity Clouds the Rebound
Saturday's sell-off unfolded on thin weekend liquidity, and Sunday's rally occurred under identical conditions, raising questions about the bounce's durability. The real test arrives when equity futures, oil, and bond markets reopen for Monday's session, giving institutional capital its first chance to price in the weekend's events.
The Polymarket ceasefire prediction contract assigns a 78% probability of a U.S.-Iran ceasefire by April 30 and a 61% chance by March 31, according to data reported Sunday. If those odds hold once traditional finance digests the news, the crypto recovery may have staying power.
What Should Traders Watch Next?
Monday's traditional market open is the decisive signal. If oil spikes and equities gap lower, Sunday's optimism could fade quickly, echoing last Wednesday when Bitcoin's push toward $70,000 was promptly sold off. A calm open validating the ceasefire thesis would give bulls room to push Bitcoin above $67,000 and potentially drive Ether through $2,000 for the first time in nearly a week.
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About the Author
Senior Analyst
Kevin Giorgin is an award-winning crypto journalist with over five years of experience covering Bitcoin, DeFi, and blockchain technology at Bitcoinomist.
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