XRP sentiment has climbed to a two-year high following its integration with Rakuten Wallet. The deal allows 44 million Japanese users to convert Rakuten Points into XRP, spendable at millions of merchants via Rakuten Pay, all under Japan's FSA-regulated crypto framework.
On March 17, a joint SEC and CFTC ruling classified XRP as a digital commodity, removing its prior security status and easing institutional barriers in the U.S.
Despite these bullish signals, XRP's price remains stuck near the $1.40 resistance level. The market is watching for a breakout above that threshold, which would signal a shift in sentiment to price action.