XRP tokens, linked to Ripple, have seen a resurgence in positive discussions on social media, a phenomenon that has often preceded a reversal in price. The positive-to-negative sentiment ratio of XRP on social media spiked into what Santiment refers to as the "FOMO zone" on April 29, peaking at 3.9 on the firm's tracker. This is the highest reading since March 19, when a similar spike was followed by a sharp decline.
According to Santiment, sentiment ratios above the FOMO line indicate overwhelmingly positive crowd commentary, which the firm views as a contrarian signal. Historically, when social media chatter reaches such levels, the token tends to consolidate or correct in the following days as the buying momentum driving the social wave exhausts its demand.
The recent integration of XRP with Rakuten Pay, allowing for the conversion of points into XRP, has contributed to the asset's second-highest bullish sentiment on social media in the past two years. This integration, which went live in early April, enables an estimated 44 million Rakuten users to spend XRP at over 5 million merchant locations, trade it within the Rakuten Pay app, and convert their Rakuten points directly into XRP. The market took two weeks to fully absorb the implications of this announcement, with sentiment gradually building before spiking this week.
Despite the social media frenzy, XRP traded at $1.37 on Thursday, down 2.1% over 24 hours and 3.7% on the week. Santiment also noted that on March 29, XRP sentiment hit the FUD zone, and the token bounced shortly after, illustrating the consistent pattern where crowd sentiment leads price by 24 to 72 hours in either direction, and crowd extremes often mark reversals rather than continuations. XRP has largely fluctuated between $1.37 and $1.60 throughout April, and a clear break of either side will determine whether the Rakuten integration signals the start of a sustained revaluation or another fleeting headline.