XRP Sentiment Reaches 2-Year High As Rakuten Wallet Lists Token For 44M Users

Markets 2026-04-30 21:40

XRP Sentiment Reaches 2-Year High As Rakuten Wallet Lists Token For 44M Users

Bullish social sentiment around XRP (XRP) has climbed to its second-highest reading in two years, driven largely by Rakuten Wallet's rollout to 44 million users in Japan.

XRP Sentiment Spikes To 3.9

Analytics firm Santiment flagged the surge on April 29, with the asset's positive-to-negative comment ratio hitting 3.9. The reading sits deep inside what Santiment labels its FOMO Zone.

The trigger is Rakuten Wallet's recent integration. Users can now convert Rakuten Points into XRP, trade the token in-app, and spend it across more than 5 million Japanese merchant locations.

Some analysts described the rollout as one of XRP's largest retail payment integrations to date.

The loyalty pool tied to the deal totals roughly $23 billion, spread across more than 3 trillion Rakuten Points.

Also Read: Standard Chartered Says DeFi's $300M Rescue After KelpDAO Hack Could Become Its 'Antifragile Moment'

Santiment Warns On Price Reaction

Santiment cautioned that adoption headlines rarely produce immediate breakouts. The firm noted that prior FOMO spikes, including one on March 19, were followed by pullbacks rather than rallies.

A separate analysis pointed to the $1.40 zone as a critical support, citing the 200-week moving average. A close below that level could open the door to $1.12.

XRP is on track to close April in the green, snapping a six-month losing streak. That stretch tied its longest monthly red run since early 2014.

The token has shed roughly 55% of its market value over the past nine months, falling from a July 2025 cycle high near $3.65.

Read Next: Ultima Token Posts $11.4M Daily Volume As Price Holds Near $2,965

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This content is for informational purposes only and does not constitute investment advice.

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