Santiment's weighted sentiment gauge for XRP dropped to minus 0.908 on Thursday, its weakest reading since October 2025 and the lowest print of the year. The metric combines the ratio of positive-to-negative posts with overall commentary volume, and the current reading reflects a crowd that has largely stopped talking about the token.
XRP traded at $1.14 on Friday, up 2.3% on the day but roughly 69% below its July 2025 high and well off January levels above $2.40. Santiment attributes the fatigue to years of anticipation around Ripple's legal position and institutional adoption — traders appear to have moved on or sharply cut their expectations.
Why it matters
The exhaustion is arriving at an unusual moment for the underlying fundamentals. Payment counts, automated market-making activity and tokenized real-world assets on the XRP Ledger all hit records this year. A pilot involving Ondo, JPMorgan's Kinexys, Mastercard and Ripple settled tokenized Treasuries across the ledger in seconds. The U.S. Senate Banking Committee advanced the Clarity Act in May, which would classify XRP as a digital commodity under CFTC oversight. Ripple CEO Brad Garlinghouse called it "the moment" for the industry.
Market impact
Standard Chartered projects $4 billion to $8 billion in additional inflows into U.S. spot XRP ETFs if the Clarity Act passes; those products have already attracted roughly $1.4 billion since January. Santiment notes that some of XRP's strongest historical rebounds started from precisely this setup — sellers who talk have mostly stopped talking. The signal is contrarian, not a timer: whether the demand that years of waiting were supposed to unlock finally materialises is the variable to watch.
Frequently asked questions
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Why does low XRP sentiment historically act as a buy signal?
Santiment's analysis shows that XRP's strongest price rebounds have tended to begin when social commentary was overwhelmingly negative and discussion volume was falling — meaning most sellers who talk have already sold, leaving less downward pressure from sentiment-driven exits.
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How much could U.S. spot XRP ETFs attract if the Clarity Act passes?
Standard Chartered projects $4 billion to $8 billion in additional inflows into U.S. spot XRP ETFs if the Clarity Act becomes law. Those products have already accumulated roughly $1.4 billion since January, according to SoSoValue data.
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What is the Clarity Act and how does it affect XRP's regulatory status?
The Clarity Act, advanced by the U.S. Senate Banking Committee in May, would classify XRP as a digital commodity under CFTC oversight, codifying into federal law guidance the agency established in March 2025.
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