Ripple's native token, XRP, started showing an upward trend last week after CME Group and CF Benchmarks announced the introduction of a cryptocurrency index and reference rate. Over the past week, XRP has gained more than 40% and is currently above $0.60. Crypto analytics firm Santiment pointed out that there has been a significant shift in trader sentiment towards XRP, bullish sentiment has exploded, and the consensus of the contrarian trading public may lead to profits.