Rector streamed a February 10 update that reframes something most traders are currently treating as a negative: the market feels boring.
His argument is that the boredom is the point. $XRP specifically has been consolidating in a range that, from a cycle perspective, resembles base-building behavior rather than distribution. What's worth considering is the broader context he references. Crypto hasn't lost relevance—activity is still there, developer work continues, institutional positioning hasn't reversed.
The price just isn't reflecting any of it in real time, which is exactly how consolidation phases look from the inside. The 2026 rally thesis he outlines isn't based on a single catalyst. It's based on the pattern: extended sideways movement compresses volatility, and compressed volatility tends to resolve with force when a trigger finally arrives.
Nobody rings a bell at the start of that move. The setup forms quietly, exactly like this. Whether $XRP specifically leads that move or simply participates in it is a different question, but the structural argument for accumulation during low-sentiment periods has historical weight behind it.
