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Crypto

XRP rebound fails to lift investor sentiment as pessimism spreads in crypto communities

Investor sentiment toward XRP has fallen to its lowest level in a month, with pessimism dominating crypto communities. Santiment put the ratio of positive to negative comments at 0.67, while Ethereum\'s bullish-to-bearish comment ratio slipped to 0.89. Disappointment over stagnant prices has fueled gloom even as XRP Ledger posted institutional adoption gains. Santiment said extreme bearishness could be a contrarian signal, though sentiment can shift quickly.

Crypto

Ripple unlocks 1 billion XRP from escrow; focus on how much will enter the market

Ripple unlocked 1 billion XRP from escrow at the start of October. Blockchain outlet U.Today reported the release was carried out in four transactions, with markets watching how much Ripple will place back into escrow within 24 hours. The unlocked amounts were split into 400 million, 200 million, 300 million and 100 million XRP. Ripple has typically re-escrowed a large portion of monthly releases, using the remainder for operations and ecosystem support.

Crypto

XRPL burn rate surges 848 percent, but signals of real-world use still unclear

XRP Ledger\'s fee burn rate jumped sharply, but the rise may not signal broader real-world use because about 1 million of 2.9 million transactions failed. Network activity increased, with transactions and payments rising and 24-hour payment volume reaching 929.6 million XRP. Some measures weakened, including active users and transactions per ledger, while active and new accounts surged. XRP price action remained rangebound around $1.50 after retreating from $1.66.