XRP’s FOMO Galaxy: Rakuten Pay Spins the Crypto Circus

Markets

Ripple-linked XRP tokens have swaggered back into the gossip columns of the internet, a price signal so contrarian it could only be found by a particularly persistent vending machine.

The token’s positive-to-negative sentiment ratio on social media surged into what Santiment calls the “FOMO zone” on April 29, hitting 3.9 on the firm’s tracker, per data shared on X. It’s the highest reading since March 19, when a similar flutter preceded a rather dramatic pullback.

Sentiment ratios above the FOMO line indicate that the crowd commentary is overwhelmingly positive, which Santiment treats as a contrarian signal. Historically, when the retail masses become this euphoric, XRP tends to consolidate or correct in the days that follow, as the buyers who drive the social wave run out of fresh demand and get bored of their own enthusiasm.

🥳 In part due to the new integration of XRP with Rakuten, allowing points to be converted into $XRP, the asset is seeing its 2nd highest bullish sentiment across social media in the past 2 years!

Traders are showing excitement over the fact that the #4 market cap in crypto…

– Santiment Intelligence (@SantimentData) April 30, 2026

The trigger appears to be the Rakuten Pay integration that went live in the first week of April, which added XRP as a payment method across the major Japanese wallet application’s ecosystem. The deal is said to involve about 44 million Rakuten users spending XRP at more than 5 million merchant locations, spot-trading it inside the Rakuten Pay app, and converting their Rakuten points – 3 trillion in circulation worth roughly $23 billion – directly into XRP.

That announcement was toasted by Ripple’s senior ecosystem growth manager Tatsuya Kohrogi as “one of the most significant XRP milestones.” The market took two weeks to fully process the implications, with sentiment building gradually before spiking this week.

XRP traded at $1.37 on Thursday, down 2.1% over 24 hours and 3.7% on the week, despite the social heat.

Santiment also flagged March 29 as the prior “buy the dip” window, when XRP sentiment hit the FUD zone and the token bounced shortly after. The pattern through 2026 has been surprisingly consistent, as crowd sentiment leads price by 24 to 72 hours in either direction, and crowd extremes have marked reversals more often than continuations.

XRP has spent most of April between $1.37 and $1.60. A clean break of either side resolves whether the Rakuten integration is the start of a sustained re-rating or merely another headline that fades into a chart’s background hum.

Latest Crypto News

MARA Holdings to buy Long Ridge Energy in $1.5 billion AI data center push

29 minutes ago

Germany’s AllUnity expands EURAU to Solana as euro stablecoins gain traction

1 hour ago

The Green Beret was just the start: New data suggests military insider trading crisis on Polymarket

1 hour ago

Seasonal trends favor bulls even as bitcoin ends April in a defensive mood

1 hour ago

Bitcoin faces $80,000 resistance as derivatives shows signs of risk aversion

2 hours ago

Wasabi Protocol drained of $4.5 million in apparent admin key compromise

2 hours ago

Top Stories

Trump-backed World Liberty Financial races toward 62 billion token unlock with near-unanimous vote

5 hours ago

Jack Mallers’ Twenty One Capital surges after majority holder Tether proposes 3-way merger

15 hours ago

Dogecoin zooms 10%, breaking away from bitcoin as open interest hits a yearly peak

5 hours ago

XO Market bets on user-generated prediction markets to rival Polymarket and Kalshi

4 hours ago

Hyperliquid’s HYPE token could be its prediction market weapon, Arthur Hayes says

8 hours ago

Big Tech’s multi-billion dollar AI bets are still on track as Mag 7 giants report earnings

16 hours ago

Read More

2026-04-30 16:10