Pessimism around XRP has been rising, with market sentiment falling to its weakest level since October 2025, according to Santiment data released on June 12. The drop comes despite ongoing development across the XRP Ledger ecosystem and continued work on broader Ripple related initiatives.
Social sentiment weakens as traders grow frustrated
Santiment’s weighted sentiment indicator, which measures social media tone by combining discussion volume with the balance of positive and negative comments, shows XRP at an eight month low.
The decline is partly driven by price weakness, but analysts also point to growing fatigue among traders who have been waiting for a strong catalyst. This comes even after significant progress in Ripple’s legal situation, which many expected to unlock stronger upside momentum.
There is also frustration that expectations around institutional adoption have not yet translated into meaningful price gains for XRP, adding to the negative mood among retail traders.
However, Santiment notes that extreme pessimism has historically appeared near major turning points. The firm observed that some of XRP’s strongest rebounds have occurred during periods when retail interest and discussion levels were at their lowest.
According to the analytics platform, reduced social engagement and rising negative commentary may indicate that many participants have either stepped back or lowered expectations, a condition that sometimes precedes recovery phases.
At the same time, development activity across the XRP ecosystem continues. Growth in XRP Ledger usage, new tokenization efforts, and expanding institutional products suggest underlying progress even as sentiment weakens.
Price action remains under pressure
Market data from CoinGecko shows XRP rising about 2 percent in the past 24 hours to roughly 1.15 dollars. Despite the short term gain, the token remains down about 22 percent over the past month and nearly 69 percent below its all time high of 3.65 dollars reached in July 2025.
Some analysts believe a bottom may be forming. Ali Martinez recently pointed to a Tom DeMark Sequential buy signal, although he previously suggested that a deeper decline toward 0.90 dollars could offer a stronger long term entry point.
On chain activity shows mixed signals
Recent blockchain data adds further nuance. CryptoQuant reported that between June 3 and June 11, around 465 million XRP were withdrawn from Binance in transactions exceeding 1 million tokens. Such outflows may reduce exchange supply and potentially ease selling pressure if the trend continues.
At the same time, data from Arab Chain shows that XRP whale inflows to Binance have risen to about 1.33 billion over the past 30 days, the highest level in two months. While this does not necessarily indicate immediate selling, it suggests increased activity among large holders reacting to current market conditions.
Macro backdrop and broader sentiment
On the macroeconomic front, optimism briefly improved after US President Donald Trump announced the cancellation of planned strikes on Iran, lifting stocks, gold, and silver. However, Santiment notes that crypto assets, including XRP, have so far shown a more muted response compared to traditional markets.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic
