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XRP’s Social Hype Hits 2-Year Peak: Major Adoption Milestone Meets FOMO Warnings
$XRP has reached its second-highest level of bullish social sentiment in two years following a major adoption milestone in Japan. The surge was primarily driven by Rakuten Wallet's decision to list $XRP , granting 44 million users the ability to convert loyalty points into the digital asset. This integration taps into a potential pool of approximately $23 billion from over 3 trillion Rakuten Points, representing a significant expansion in the token's global reach.
Despite the enthusiastic reaction from traders, analytics firm Santiment cautions that high social sentiment does not always translate to an immediate price breakout. On April 29, the ratio of positive to negative comments reached 3.9, placing the asset in what experts call the FOMO Zone. Historically, such peaks in social excitement often signal a local price top rather than a sustained rally, with real bullish gains usually occurring after the initial wave of euphoria has subsided.
The token is expected to close April on a positive note, successfully ending a streak of six consecutive monthly declines that matched its longest losing streak from early 2014. While this break in downward momentum is encouraging, the outlook for May remains mixed due to conflicting seasonal data. Although the historical average return for May is roughly 25%, the median return is -2.6%, and the month has ended in the red seven times over the past twelve years.
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