XRP Bullish Sentiment Surges: Rakuten Integration Fuels 2nd-Highest Level in 2 Years

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<a href="https://bbg-news.com/xrp-usd/">XRP</a> Sees 2nd-Highest Bullish Sentiment in 2 Years: What It Means for the Price

According to Santiment, excitement around XRP on social media is very high, reaching levels not seen in two years, indicating strong positive feelings towards the cryptocurrency.

According to the analytics firm, Rakuten’s recent announcement was a key driver behind the surge.

XRP Crowd Turns Most Bullish

On April 15th, Rakuten Wallet began offering XRP to its 44 million users in Japan. This allows users to access and potentially use a $23 billion fund of Rakuten Points – over 3 trillion points – which can be converted into XRP.

According to Santiment, XRP is experiencing its second-highest level of positive social media buzz in the last two years, likely boosted by Rakuten’s new feature allowing users to convert points into XRP.

Analysts observed that traders are responding positively as the fourth-largest cryptocurrency gains further acceptance. However, they also noted that…

These events don’t usually cause prices to jump immediately. Instead, the positive price impact typically happens after the initial excitement dies down and people stop rushing in out of fear of missing out.

As a researcher tracking XRP, I noticed a significant jump in positive sentiment on April 29th. This shifted the ratio of positive to negative comments to 3.9, which, according to our firm’s analysis, puts it firmly in what we call the ‘FOMO Zone.’ Historically, we’ve seen that levels this high tend to signal a peak in price rather than the start of a sustained upward trend, or ‘breakout.’

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Looking at the price chart, I’ve noticed a pattern. When there was a big rush of ‘fear of missing out’ (FOMO) like on March 19th, the price of XRP actually went down afterward. But when things got really negative – a lot of ‘fear, uncertainty, and doubt’ (FUD) – like on February 5th and March 29th, we usually saw the price bounce back. It seems like these spikes in sentiment often signal what’s coming next.

XRP investors have been hoping for a price recovery after seeing the value of their holdings drop around 55% in the last nine months. The firm believes that consistent partnerships with large companies, after the initial excitement dies down, are what will ultimately lead to long-term price increases.

XRP’s price movement is noteworthy because the token is poised to end April with gains, breaking a six-month period of declines. According to CryptoRank, this losing streak was the longest since the beginning of 2014.

May often presents a mixed bag for investors. While historically, May has shown an average return near 25%, this number is heavily influenced by the exceptionally high return of 2017 (+378%). A more typical May return, as measured by the median, is actually a loss of 2.6%.

Historically, May has often been a difficult month for the market, ending with losses seven times in the last twelve years. This suggests that, based on past performance, we should expect either flat or declining prices rather than increases.

Over the next few weeks, the overall health of the financial market will likely be a major influence on XRP’s price. Although reduced global tensions and a more positive market outlook are helping, concerns about the broader economic situation remain.

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2026-04-30 11:33