{"id":30716,"date":"2026-05-01T14:28:58","date_gmt":"2026-05-01T14:28:58","guid":{"rendered":"https:\/\/investorlegacypath.com\/xrp-price-stuck-below-1-5-but-bullish-signals-are-piling-up\/"},"modified":"2026-05-01T14:28:58","modified_gmt":"2026-05-01T14:28:58","slug":"xrp-price-stuck-below-1-5-but-bullish-signals-are-piling-up","status":"publish","type":"post","link":"https:\/\/investorlegacypath.com\/?p=30716","title":{"rendered":"XRP price stuck below $1.5, but bullish signals are piling up"},"content":{"rendered":"
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XRP is entering May with rising bullish sentiment and renewed trader activity following a series of April developments tied to retail adoption and institutional use cases.<\/p>\n

According to Santiment, XRP\u2019s social sentiment has reached its second-highest level in two years, with the firm linking the surge in part to Rakuten\u2019s recent integration of XRP into its ecosystem. <\/p>\n

XRP market sentiment chart. Source: Santiment<\/figcaption><\/figure>\n

The rollout allows users of Rakuten Wallet to convert loyalty points into XRP and spend the asset across more than 5 million merchant locations through QR-based payments.<\/p>\n

Rakuten Pay\u2019s user base of about 44 million accounts places XRP in front of one of Japan\u2019s largest consumer networks, while more than 3 trillion loyalty points, valued at roughly $23 billion, can now flow into the asset through conversions within the app. <\/p>\n

RippleX described the rollout as one of the largest retail-facing deployments of XRP so far.<\/p>\n

Derivatives positioning and whale activity point to accumulation<\/h2>\n

According to CryptoQuant analyst Arab Chain, XRP\u2019s 30-day average funding rate on Binance has climbed to 0.0002, the highest level since early February, after remaining negative for months and dropping as low as -0.0007 during periods dominated by short positioning. <\/p>\n

Positive funding rates indicate that traders are increasingly opening long positions, suggesting a stronger appetite for upside exposure in derivatives markets.<\/p>\n

Meanwhile, wallets holding between 10 million and 100 million XRP accumulated 420 million tokens over an 11-day stretch, while addresses with at least 1 billion XRP added another 730 million, bringing total whale purchases to 1.15 billion XRP during the same period.<\/p>\n

Despite the increase in positioning, XRP has continued to trade below recent highs. <\/p>\n

Data from CoinGecko shows the token at $1.37, up 0.2% over 24 hours, with the price still nearly 10% below its April high of $1.51. <\/p>\n

Market capitalization stood near $84.42 billion, with about 62 billion tokens in circulation.<\/p>\n

This level has now turned into the next key resistance zone that the token must clear.<\/p>\n

According to Santiment, strong positive sentiment after adoption news does not usually lead to instant price breakouts, and any impact may appear later once the early excitement settles down.<\/p>\n

Institutional activity expands alongside retail adoption<\/h2>\n

A separate development on April 29 has added to XRP\u2019s institutional narrative, with a $59 million RLUSD settlement processed on the XRP Ledger at a transaction fee of $0.000188. <\/p>\n

On-chain researcher Ripple Bull Winkle said the transaction demonstrates live production use of Ripple\u2019s payment infrastructure for large-scale cross-border settlements.<\/p>\n

RLUSD was designed for enterprise use cases such as treasury operations and settlement flows, and is integrated into Ripple Payments alongside existing institutional clients, including BKK Forex and iSend. <\/p>\n

Comparable transactions on traditional SWIFT rails can carry fees between 0.5% and 1% of notional value and take two to three days to settle, placing the XRPL transaction in contrast with a near-instant and sub-penny cost profile.<\/p>\n

Regulatory developments have also added another layer. <\/p>\n

On April 27, NYSE Arca filed a proposal with the US Securities and Exchange Commission to include XRP among eligible assets for commodity-based trust shares under Rule 8.201-E, alongside Bitcoin, Ethereum, and Solana.\u00a0<\/p>\n

The filing requires at least 85% of a trust\u2019s holdings to meet qualifying criteria and places XRP within a framework already used for exchange-traded products.<\/p>\n

Meanwhile, demand for XRP ETFs has picked up, with data from SoSoValue showing nearly $90 million in inflows over the past three weeks, with no negative days recorded since April 10.<\/p>\n

Considering the combination of retail access through Rakuten, whale accumulation, and stronger derivatives positioning, XRP price could see a delayed move higher if demand continues beyond the initial sentiment phase.<\/p>\n<\/p>\n

The post XRP price stuck below $1.5, but bullish signals are piling up<\/a> appeared first on Invezz<\/a><\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

XRP is entering May with rising bullish sentiment and renewed trader activity following a series of April developments tied to retail adoption and institutional use cases. According to Santiment, XRP\u2019s social sentiment has reached its second-highest level in two years, with the firm linking the surge in part to Rakuten\u2019s recent integration of XRP into […]<\/p>\n","protected":false},"author":1,"featured_media":30717,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[72],"tags":[],"class_list":["post-30716","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news"],"_links":{"self":[{"href":"https:\/\/investorlegacypath.com\/index.php?rest_route=\/wp\/v2\/posts\/30716","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/investorlegacypath.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/investorlegacypath.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/investorlegacypath.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/investorlegacypath.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=30716"}],"version-history":[{"count":0,"href":"https:\/\/investorlegacypath.com\/index.php?rest_route=\/wp\/v2\/posts\/30716\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/investorlegacypath.com\/index.php?rest_route=\/wp\/v2\/media\/30717"}],"wp:attachment":[{"href":"https:\/\/investorlegacypath.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=30716"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/investorlegacypath.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=30716"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/investorlegacypath.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=30716"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}