XRP Ecosystem Strengthens as Ripple’s RLUSD Stablecoin Hits $310M Market Cap
Ripple's dollar-pegged stablecoin RLUSD has achieved a significant milestone, reaching a $310 million market capitalization shortly after its launch. This rapid adoption highlights its growing traction in both crypto and traditional finance sectors. The stablecoin, designed to comply with the EU's MiCA regulations, underwent rigorous testing with over 33,000 transactions before securing approvals from key regulators, including the New York Department of Financial Services (NYDFS) and Dubai's Financial Services Authority (DFSA). Initially available on platforms like MoonPay and Uphold, RLUSD has expanded its presence to major exchanges, further solidifying its position in the market. As of July 2025, this development underscores Ripple's strategic advancements in the stablecoin space and its potential to enhance liquidity and utility within the XRP ecosystem.
Ripple’s RLUSD Stablecoin Gains Traction with Regulatory Milestones and Exchange Listings
Ripple's dollar-pegged stablecoin RLUSD has surged to a $310 million market cap within months of launch, demonstrating rapid adoption in both crypto-native and traditional finance ecosystems. The MiCA-compliant asset processed over 33,000 test transactions before receiving approvals from NYDFS and Dubai's DFSA.
Exchange availability expanded from initial platforms like MoonPay and Uphold to major venues including Kraken, Bitget, and Uniswap. ethereum hosts the majority of RLUSD's supply ($52.9M), while XRP Ledger holds $13.3 million - a strategic distribution reinforcing Ripple's cross-chain ambitions.
XRP Spot Trading Volume Surges on Upbit, Outpacing Global Exchanges
XRP's spot trading volume on South Korea's Upbit exchange has skyrocketed, reaching $269.22 million in the past 24 hours. The surge includes an unprecedented $161.62 million in a single hour, dwarfing activity on global platforms like Binance, where net flows for XRP turned negative.
Upbit's dominance in XRP trading highlights regional market dynamics. While Binance recorded $226.76 million in volume, the flows were primarily outbound—a stark contrast to Upbit's inflows. The anomaly suggests institutional or large-scale trading activity rather than typical retail participation.
Market observers note the discrepancy warrants attention. "Something is definitely going on," remarked XRP supporter Chad Steingraber, pointing to the abnormal hourly volume. The surge coincides with growing speculation about Ripple's ongoing legal battles and potential market-moving developments.
XRP Price Flashes Strength — Bulls Eye $2.45 Breakout
XRP has surged past the $2.32 resistance level, demonstrating bullish momentum as it trades above both the $2.35 zone and the 100-hourly Simple Moving Average. A key trendline support at $2.38 on the XRP/USD hourly chart (Kraken data) suggests consolidation before another potential leg up.
The cryptocurrency rallied over 5% after securing a foothold above $2.30, outperforming both Bitcoin and Ethereum during this move. Current price action shows consolidation near $2.437, holding above the 23.6% Fibonacci retracement level of its recent ascent from $2.25.
Market participants are now watching the $2.45 resistance level—a clear breach could propel XRP toward $2.50, with $2.55-$2.60 emerging as the next bullish targets. The formation of higher lows and sustained trading volume indicate growing confidence among buyers.
Ripple CEO Projects Stablecoin Market to Reach $2 Trillion
Ripple CEO Brad Garlinghouse has forecasted explosive growth for the stablecoin sector, predicting the market could surge from its current $250 billion valuation to $2 trillion in the NEAR future. Speaking on CNBC's "Squawk Box," Garlinghouse described the expansion as "profound," driven by institutional momentum and evolving regulatory frameworks.
Ripple's entry into the stablecoin space, though late, has been bolstered by its institutional base and regulatory focus. The company's USD-pegged stablecoin, RLUSD, has already surpassed $500 million in market capitalization, with BNY Mellon serving as its custodian. "Many people think it will reach $1 to $2 trillion in a handful of years," Garlinghouse noted, positioning Ripple to capitalize on this trajectory.
The firm is also pursuing a US banking license to deepen its integration with traditional finance, further solidifying its competitive edge in the stablecoin race. Industry experts, including Apollo Capital CIO Henrik Andersson, appear to share Ripple's Optimism about the sector's potential.
XRP Gains Momentum with 5% Surge, Eyes $2.50-$2.70 Resistance Levels
XRP has rebounded sharply in July, posting a 5% gain on Thursday alone to reach $2.42. Trading volume has surged 60% month-over-month to $4.4 billion, signaling strong institutional interest.
The altcoin has delivered 25% returns since its June low of $1.95, turning every $1,000 investment into $1,250. Market technicians now identify $2.50 as the next critical resistance level, with a breakout potentially propelling prices toward $2.70—an 11% upside from current levels.
Bullish traders are positioning for a potential rally to $3 if XRP maintains its upward trajectory. The token's resurgence comes amid renewed optimism about Ripple's legal battles and growing adoption in cross-border payments.
Whale Drops $60M XRP on Coinbase—What’s Next for Ripple’s Price?
A significant whale transaction involving 25.49 million XRP, valued at over $60 million, was sent to Coinbase, sparking speculation of a potential market move. XRP's price climbed 4.4% in the last 24 hours, trading around $2.40, with a market cap of $141.3 billion. Despite a 22.2% drop in daily volume to $3.3 billion, the price trend remains positive, with buyers maintaining control in the $2.28 to $2.40 range.
Technical analysis reveals a bullish inverse head-and-shoulders pattern, with traders eyeing a breakout toward $2.60. The number of XRP holders has grown to 6.61 million, indicating rising long-term investor confidence. Wallets holding at least 1 million XRP have also increased, further underscoring institutional interest.
