The XRPL stablecoin market grew by 14.6% in one week, reaching about $1.33 billion as of October 3, driven mainly by Ripple's RLUSD stablecoin, which accounts for roughly 93% of the total value on the XRPL. RLUSD's circulation has surpassed $2.4 billion, fully backed by cash reserves and redeemable 1:1 for USD, making it the dominant dollar liquidity layer on XRPL. This growth highlights XRPL's expanding role in hosting dollar-denominated liquidity alongside its native XRP asset, although RLUSD's rise does not directly equate to increased demand for XRP. The trend signals a broader shift in XRPL's ecosystem beyond just payments, enhancing its financial utility.
XRP trades at Rp27.157 on Pluang, showing a 1.27% gain as of Oct 05, 2026 17:31 WIB. This price movement comes alongside the reported surge in XRPL stablecoin supply, particularly Ripple’s RLUSD, which is expanding the XRPL ecosystem’s financial utility beyond XRP itself. Pluang data also shows a strong buy interest with 80% of order activity favoring purchases, reflecting active investor engagement amid these developments.
XRP is approaching a critical resistance level at $1.53, with analyst Ali Martinez noting that a four-hour close above this price could confirm a move toward $1.62, representing about 7% upside. Despite previous attempts to break above $1.50, XRP has...
Ripple announced plans to activate credit-related pilots by 2027 that use XRP tokens as collateral in lending-protocol liquidity pools to finance customer payments. This approach differs from XRP's usual role as a fast bridge asset, as collateralized...
Bitcoin fell below $85,500 on Monday after briefly reaching $87,000, then stabilized around $86,000. Cardano's ADA surged nearly 11% within 24 hours, hitting $0.27. Other cryptocurrencies like Ether, XRP, NEAR, Dogecoin, and FET also saw gains, contr...
US spot Bitcoin ETFs attracted $241.1 million in net inflows last week, marking their third consecutive week of gains and lifting total inflows since launch to $57.8 billion. In contrast, Ether ETFs experienced $138 million in net outflows after a st...
Ether's price rose 70% in Q3, surpassing bitcoin's 42% gain, but its market liquidity thinned significantly compared to bitcoin, according to CoinGecko. The median daily market depth of ether was only 35% to 45% of bitcoin's, down from at least 60% l...
