Crypto

Why Has XRP Not Pumped Despite Institutional Adoption? This Report Found The Answer – Bitwise XRP ETF (AR


XRP (CRYPTO: XRP) emerged as one of crypto’s strongest narrative-driven trades last week after social sentiment and price action finally moved in sync, a rare occurrence for the token in 2026.

What’s Driving XRP Momentum

According to Santiment’s anomaly-tracking report covering May 20–26, XRP was the only major asset to trigger a sustained ‘social_price_correlation’ signal, recording 14 triggers with a peak score of 0.26 on May 26.

Santiment explained XRP has spent much of 2026 trapped in sentiment-price divergence, where bullish institutional headlines failed to translate into sustained upside.

This time, the crowd and price action aligned around several major catalysts.

The report highlighted main drivers behind the move being Ripple Labs’ surging private-market valuation and the XRPL Lending Protocol activation window.

The Senate Banking Committee advanced the CLARITY Act in a 15-9 vote, strengthening hopes for clearer crypto regulation and potential spot XRP ETF approvals.

Meanwhile, on-chain data from Santiment showed 4,300 new XRP wallets were created in a single day on May 21, the fourth-largest spike of 2026.

XRP ETFs Outperform Bitcoin, Ethereum

XRP ETFs recorded $12.57 million in inflows for the week ended May 22, helping reinforce the improving sentiment backdrop.

Beyond XRP, the anomaly report flagged several other notable market themes in Zcash, Litecoin and USDD.

The key takeaway for traders is not that XRP entered full euphoria territory, the report specifically noted the correlation remained “modest.”

For XRP bulls, the IPO narrative, ETF speculation and regulatory clarity story are now becoming the primary catalysts traders are positioning around.

Image: Shutterstock

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