Market sentiment for XRP, the native token of the Ripple ledger, has plunged to its most bearish level in two years, according to data from on-chain analytics firm Santiment on April 13, 2026.
"The crowd sentiment towards XRP has hit its most bearish level since 2024," Santiment wrote in a report. The firm's weighted sentiment index, which tracks the tone of social media conversations about the asset, has fallen into a zone the firm labels "extreme FUD" (fear, uncertainty, and doubt).
This marks only the third time in two years that sentiment has been this negative. The previous two occurrences were followed by notable price increases. While historical performance is not a guarantee of future results, such extreme fear can be a contrarian indicator.
The current sentiment highlights a critical juncture for XRP. It could either set the stage for a relief rally, potentially driven by a short squeeze, or intensify into a deeper sell-off if no positive catalysts emerge. The data points to heightened volatility for the fifth-largest cryptocurrency by market capitalization in the near term.
This article is for informational purposes only and does not constitute investment advice.