XRP sentiment has reached an 8-month low, historically a potential buy signal, as noted by Santiment. Despite the negative sentiment, Ripple's CEO Brad Garlinghouse emphasized the industry's need for equal regulatory treatment. Standard Chartered forecasts $4 billion to $8 billion in potential inflows into U.S. spot XRP ETFs if a new bill passes, adding to the $1.4 billion already attracted this year.
On the XRP Ledger, payment counts, automated market making, and tokenized asset activities have hit record highs, even as XRP's price declines. Pilot projects involving major financial entities like JPMorgan and Mastercard continue to progress. Historically, XRP has rebounded strongly when social sentiment was low, suggesting a possible turning point if demand materializes.
XRP Sentiment Hits 8-Month Low Amid Potential ETF Inflows
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