HomeNewsXRP Rebounds Above $2.40 as Crowd Capitulation Meets Walmart’s Bold Crypto Expansion

XRP Rebounds Above $2.40 as Crowd Capitulation Meets Walmart’s Bold Crypto Expansion

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Despite persistent market volatility and wavering sentiment, mainstream adoption of digital assets continues to accelerate. In a landmark development, Walmart has reportedly begun accepting crypto payments in Bitcoin (BTC), Ethereum (ETH), and XRP through its fintech arm, OnePay Cash, according to new report.

The rollout, a major milestone for retail crypto integration, will allow users to buy, sell, and hold cryptocurrencies directly within the OnePay app, which is being enhanced through a partnership with infrastructure firm ZeroHash. Once active, customers will be able to convert crypto holdings into cash for Walmart purchases, bill payments, and credit repayments, seamlessly linked to in-store and online checkouts.

With access to 150 million weekly shoppers, this integration positions Walmart as one of the largest global retailers to fully embrace crypto functionality, reinforcing digital assets as an everyday financial tool despite current market turbulence.

Santiment: XRP Surge Defies Negative Crowd Sentiment

On-chain analytics firm Santiment revealed that XRP rebounded above $2.50 shortly after retail traders capitulated at multi-month lows. According to the data, XRP had fallen below $1.90 just 10 days ago and briefly retraced to $2.20, but has since recovered to around $2.43 at press time.

Source

Santiment’s sentiment analysis shows that crowd confidence in XRP recently hit its lowest point in nine months, with a surge in negative commentary and FUD (fear, uncertainty, and doubt). Historically, such extreme pessimism has marked buy signals, as markets often move opposite to retail emotion.

The report notes that the lowest ratio of positive-to-negative commentary on XRP since January directly preceded its latest bounce. This pattern echoes previous cycles where heavy selling pressure was followed by strong upside reversals once weak hands exited the market.

CoinMarketCap Data: XRP Volume Surges as Bulls Return

According to CoinMarketCap data, XRP currently trades at $2.43, marking a 7-day increase of 0.03%, with a 24-hour trading volume of $4.64 billion, up 23.5% from the previous day. Its market capitalization stands at $145.75 billion, maintaining its position as the fifth-largest cryptocurrency by market value.

The coin’s rebound from last week’s $1.90 low signals growing accumulation near key support levels, with on-chain activity showing renewed inflows from both institutional and retail traders. Analysts suggest that the recovery above $2.40 could set the stage for another test of the $2.55 resistance area if sentiment continues to stabilize.

Adoption and Market Psychology Align

The simultaneous rise in macro adoption, led by Walmart’s crypto expansion, and the on-chain reversal in XRP sentiment underscores a shifting market narrative. While fear-driven traders exited at a loss, real-world integration and improved liquidity have strengthened the case for a sustained recovery.

Walmart’s entry into crypto payments marks a defining moment for digital asset utility, while Santiment’s behavioral data reveals how retail psychology often trails behind institutional conviction. Together, they highlight one clear truth: crypto’s adoption curve is advancing, whether sentiment agrees or not.

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Toheeb Kolade
Toheeb Kolade
Toheeb is an insightful blockchain reporter with deep knowledge of cryptocurrencies. With years of experience in financial journalism, Toheeb covers the latest developments in blockchain technology, cryptocurrency trends, decentralized finance (DeFi), and regulatory updates. Known for breaking news and in-depth analysis, Toheeb brings new angles on how blockchain is transforming industries and changing the global economy. From uncovering market movements to providing expert commentary on new technologies, Toheeb is dedicated to keeping readers informed about the developments in blockchain-related topics.
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