Ripple CEO Brad Garlinghouse called it “the moment” for the industry and said the industry deserved “the same rules and protections as any other asset class.”
Standard Chartered projected between $4 billion and $8 billion in additional inflows to US spot XRP exchange-traded funds if the bill is passed. They have attracted approximately $1.4 billion since January, according to SoSoValue data.
The same discrepancy appears on the XRP Ledger blockchain. Payment counts, automated market making activity, and real-world tokenized assets hit records this year, while the token price continued to fall. Pilot projects continued to pile up, including one in which Ondo, JPMorgan’s Kinexys, Mastercard and Ripple liquidated tokenized Treasuries on the ledger in seconds.
Santiment pointed out the same division: development activity, the use of accounting books, and institutional products advanced as social enthusiasm faded.
Burnout has a history. Santiment noted that some of XRP’s strongest bounces came when the crowd was most disinterested, with discussion volume dropping and comments overwhelmingly negative, the same setup as now.
However, sentiment readings are a contrarian tool and not a stopwatch. The sign indicates that the talking salespeople have mostly stopped talking. Whether this marks a turning point depends on whether the demand that years of waiting was supposed to unlock finally appears.
