Skip to content

XRP prepares for rally as RLUSD’s market cap hits $500M; check forecast

2025-07-10 09:40:20

XRP prepares for rally as RLUSD’s market cap hits $500M; check forecast

Main Idea

XRP is experiencing a price rally, trading above $2.4, driven by RLUSD's market cap surpassing $500M, with bullish indicators suggesting further growth towards $4-$6.

Key Points

1. XRP is up 4.4% in the last 24 hours, trading above $2.4 for the first time since May 22.

2. RLUSD, Ripple’s stablecoin, has surpassed a market cap of $500M, becoming one of the top 20 stablecoins globally.

3. Analysts predict XRP could rally towards $2.65 in the near term, with a medium-term target of $4-$6.

4. Technical indicators, including the Relative Strength Index (RSI), suggest XRP could break above $3 and potentially reach $3.2.

5. Thumzup Media has expanded its treasury strategy to include XRP, SOL, DOGE, and ETH, with Donald Trump Jr. owning 350,000 shares worth about $4M.

Description

The cryptocurrency market extended its rally on Wednesday, with Bitcoin and other major cryptocurrencies in the green. Bitcoin set a new all-time high of $112k roughly two months after hitting $111k for the first time in its history. XRP is one of the best performers in the top 10, as it is up 4% over the last 24 hours. Traders are anticipating a further price surge for XRP amid growing institutional demand. RLUSD’s market cap surpasses $500M XRP, Ripple’s native coin, is up 4.4% in the last 24 ...

>> go to origin page