Ripple's RLUSD Stablecoin Rockets 127% In Volume, Big Upside For XRP?
2025-07-18 13:57:06
Main Idea
Ripple's RLUSD stablecoin has seen a 127% surge in trading volume, potentially boosting demand for XRP, which has also experienced significant price gains.
Key Points
1. Ripple USD (RLUSD) stablecoin volume surged by 127% in the last 24 hours, reaching over $2.41 billion.
2. XRP's price increased by 31% in the last seven days and is nearing its all-time high of $3.84.
3. Increased RLUSD volume could drive more demand for XRP, as RLUSD transactions on the XRP Ledger require XRP for fees.
4. Analyst DonAlt predicts XRP could reach $6.90 if it breaks out of its current stagnation period.
5. XRP's trading volume rose by 77.51% to $23.14 billion, indicating strong investor interest.
Description
With market soaring, trading volume boost in RLUSD may aid XRP's retest of its ATH
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