XRP bulls gain ground over bears on social media, ETF inflow streak continues

Spot XRP exchange-traded funds continued a streak of positive flows, with over $20.1 million recorded on Friday, marking 19 consecutive days of net inflows.

Trader sentiment toward XRP has been shifting into bullish territory on social media this week, according to market intelligence platform Santiment, and at the same time, the streak of inflows into the token’s exchange-traded funds has continued.

Retail traders are staying optimistic toward XRP (XRP) as it hovers around the $2 mark, with the week recording the seventh highest number of bullish comments for the year, Santiment said on Friday, citing data from its analytics platform Sanbase, which monitors social interest across cryptocurrency social channels, including Telegram, Discord, subreddits, and X.

“XRP’s bulls and bears continue to battle, and the asset is hanging on to a $2.00 market value for now. Sentiment is showing bullishness across social media,” Santiment said.

Read more