XRP Hits FOMO Zone as Rakuten Pay Partnership Fuels Social Buzz
XRP is a crypto asset widely used in the Ripple ecosystem, and its price is sensitive to payment adoption, regulatory developments and community sentiment. After Rakuten Pay, a unit of Japan's Rakuten, announced a partnership, the market began watching whether XRP could expand its role in payments. The value of the partnership, announcement date and scope of services have not been disclosed.
Blockchain analytics firm Santiment said XRP's social sentiment indicator recently entered the “FOMO” zone, with optimism at its highest level since March this year and discussion activity reaching greed-leaning levels. The surge was driven mainly by the Rakuten Pay partnership narrative, but no transaction value, effective date or user adoption data has been released.
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