尽管看涨了宏观和微观因素，但FOMO仍然明显没有

Ripple [XRP]最近一直是该镇的话题，但市场似乎错过了备忘录。

Ripple [XRP] has been a hot topic in crypto, but the market seems to have missed the memo. Despite a convergence of bullish macro and micro factors, FOMO is conspicuously absent. It’s almost as if all the key catalysts are in place, yet the market’s reaction is lagging.

Ripple [XRP]一直是加密货币的热门话题，但市场似乎错过了备忘录。尽管看涨宏观和微因素，但FOMO还是明显不存在的。几乎所有关键的催化剂都已经到位，但市场的反应却落后了。

As April drew to a close, XRP displayed a 11% monthly price increase. While this might seem noteworthy, it pales in comparison to the 70% gains clocked by Bitcoin [BTC] and Ethereum [ETH].

随着四月的结束，XRP每月的价格上涨了11％。虽然这似乎值得注意，但与比特币[BTC]和以太坊[ETH]所获得的70％的增长相比，它显得显得苍白。

This lackluster performance might explain the minimal FOMO. However, there were other institutional and technical catalysts that spanned the past month. For instance, over 900 million XRP was added to institutional treasuries.

这种平淡的表现可能解释了最小的FOMO。但是，过去一个月还有其他机构和技术催化剂。例如，将超过9亿XRP添加到机构国库中。

Moreover, Ripple hit two major ETF milestones: A spot XRP ETF debut in Brazil and a Futures XRP listing on Wall Street. Institutional interest? Check.

此外，Ripple达到了两个主要的ETF里程碑：在巴西举行的XRP ETF首次亮相和华尔街的Futures XRP上市。机构利益？查看。

And just when you thought the news cycle was cooling off, Ripple’s native stablecoin, RLUSD, got the official nod from the U.S. Department of the Treasury. This puts it shoulder to shoulder with stablecoin heavyweights like USDC and USDT. Hence, marking a serious step forward in real-world utility.

就在您认为新闻周期正在冷静下来时，Ripple的本地Stablecoin Rlusd从美国财政部的美国部门开始了正式点头。这使它与USDC和USDT这样的稳定​​重量级人物并肩。因此，在现实世界实用程序中迈出了一个严肃的一步。

Yet strangely, broader market excitement is still hitting the snooze button.

然而，奇怪的是，更广泛的市场兴奋仍在达到贪睡按钮。

If you’re wondering why XRP still feels undervalued despite all the bullish buzz, the on-chain data might have the answer.

如果您想知道，尽管所有看涨嗡嗡声，但XRP为什么仍然被低估了，那么链上的数据可能会有答案。

For starters, new address creation on the XRP Ledger has dropped off a cliff since December even though price action has climbed right back to the same levels. Translation? Retail interest isn’t exactly flooding in.

对于初学者来说，即使价格动作恢复到相同的水平，XRP Ledger上的新地址创建也已下降。翻译？零售利益并没有完全泛滥。

It gets even more telling: Daily active addresses have fallen 46% year-to-date, now sitting at just 21,282. That’s a pretty clear sign this rally is running more on seasoned hands than fresh faces.

它更具说服力：每天的活跃地址年满46％，现在仅21,282。这是一个非常明显的迹象，这次集会在调味的手上比新鲜的面孔更多。

And remember those massive Binance outflows that topped 1 billion XRP five months ago? They’ve dwindled to just 108 million, even lower than pre-election levels.

还记得那些五个月前XRP超过10亿XRP的大规模外流吗？他们减少到仅1.08亿，甚至低于选举前水平。

Source: CryptoQuant

资料来源：加密

In short, the cooling activity suggests investors are in a “wait-and-see” mode, despite the growing list of bullish catalysts.

简而言之，冷却活动表明，尽管看涨催化剂清单越来越多，但投资者处于“等待”模式。

Meanwhile, the speculation mill keeps spinning, with bold calls for XRP to reclaim the $3 mark in the near term.

同时，猜测工厂不断旋转，大胆呼吁XRP在短期内收回3美元。

But with FOMO nowhere in sight, the current vibe feels more like a slow burn than a breakout rally. It’s a classic crypto paradox: All the ingredients for a bull run are there, yet the crowd’s still not biting.

但是，由于FOMO看不见，目前的氛围比突破集会更像是缓慢的燃烧。这是一个经典的加密悖论：所有牛的成分都在那里，但人群仍然没有咬人。