Santiment Forecasts Factors That May Drive XRP to Break Previous Records

Santiment data indicates a shift in the cryptocurrency market, with traders displaying greater interest in altcoins, including Ripple’s XRP. The potential approval of Ripple Exchange Traded Funds (ETFs) in the U.S. has added to the excitement, suggesting a possible rally for XRP that could surpass its previous all-time high.

The cryptocurrency's price had soared after the U.S.

elections and the anticipated resolution of the SEC lawsuit. However, the settlement had minimal impact on the price. Now, the focus is on the potential approval of a Ripple ETF in the U.S., which, if approved, could potentially attract significant institutional investment.

Despite a decrease in overall XRP discussion, Santiment notes increasing bullish sentiments among its community members.