Ripple USD (RLUSD), the recently released Stablecoin, has created quite a stir. According to Santiment, RLUSD has become one of the most popular assets at the moment, thanks to an astounding $10 billion milestone on well-known platforms such as Kraken and an 87% increase in trading volume.
This expansion is directly related to the fact that RLUSD is integrated into Ripple’s powerful payment system, simplifying cross-border transactions and increasing institutional interest. RLUSD has a solid platform to grow as it already has Ripple’s ecosystem known for its enterprise-grade blockchain solutions. As RLUSD begins to offer more established stubcoin alternatives like USDT and USDC, institutional players see this as a critical development.
These are the most popular as Crypto is shaking with tariff news and show signs of recovery while US stock markets are shut down.
🪙solana $sol:solana sees an increase in price forecasts, market trends, and levels of technology analysis.
– santiment (@santimentfeed) April 4, 2025
Opinions about RLUSD are still split and some people are worried about how it will differ from other reliable assets, but the bullish story seems to have gained traction. The adoption of coins is being accelerated by integration with Ripplenet and growth in payment capabilities. The presence of assets on social media and analytics platforms has skyrocketed, increasing its position as a Stablecoin project, which is expected to grow rapidly in 2025.
Is the bullish base formed in XRP?
The latest market chart shows that as RLUSD’s momentum increases, XRP holds its own holding at a critical support level of around $2.00. This area has proven to be a solid foundation for potential recovery. Interestingly, XRP has recently recovered from 200 EMA. This is a trend indicator with historical significance suggesting a potential bullish reversal.
Volume indicators are beginning to start checking upwards, indicating that investors’ interest is being updated, and XRP has proven resilient despite the turbulence of the general market. Important resistance levels are still $2.27 and $2.39, so if it breaks it could indicate the onset of a long-term uptrend. With XRP stabilized on the charts and RLUSD strengthening Ripple’s ecosystem, cryptocurrencies could be ready for multiface comebacks in both payment utility and market price performance.
