\n\t\t\t\t\t\t\t\t\tA prominent crypto company continues to praise XRP, while Ripple’s stablecoin performed better than USDC on one front. \t\t\t\t\t\t\t\t<\/p>\n<\/p><\/div>\n
XRP has experienced a significant decline over the past few months, yet interest in the asset (and the company behind it) remains high.<\/p>\n
In the following lines, we will touch upon the latest and most intriguing developments surrounding Ripple\u2019s ecosystem.<\/p>\n
Investors Want In?<\/h2>\n
Ripple\u2019s global event, XRP Community Day, which is dedicated to the community of proponents, developers, and holders, was held last week. It brought together numerous executives and well-known figures from the crypto industry to discuss XRP\u2019s growing usage, institutional adoption, and other trending topics.<\/p>\n
One participant was Rayhaneh Sharif-Askary (Head of Product & Research at Grayscale), who disclosed<\/a> that advisors at the digital asset manager are \u201cconstantly asked\u201d by clients about XRP. She added that, in some cases, Ripple\u2019s cross-border token is the second-most discussed asset after Bitcoin (BTC).<\/p>\n Grayscale is among the companies that introduced a spot XRP exchange-traded fund (ETF) with 100% exposure to the coin. This happened in late 2025, shortly after Canary Capital became<\/a> the first to launch such a product in the United States.<\/p>\n Grayscale\u2019s investment vehicle, dubbed GXRP, drew strong interest after its debut, with daily net inflows topping $30 million on several occasions. However, over the past few weeks, the trend has shifted, with frequent negative netflows.<\/p>\n Ripple\u2019s stablecoin, called RLUSD, saw the light of day in December 2024 and has since made significant progress. The product, pegged 1:1 to the American dollar, gained<\/a> support from many exchanges and renowned banking institutions, including the oldest US bank, BNY Mellon.<\/p>\n Earlier this year, the London-based fintech company LMAX Group\u00a0partnered<\/a> with Ripple to integrate RLUSD into its institutional trading infrastructure, while Zand (a bank in the UAE) also embraced<\/a> <\/span>the token.<\/p>\n RLUSD\u2019s market cap has exceeded $1.5 billion, a significant milestone given its relatively short history. X user SMQKE revealed<\/a> that the product has grown \u201cmuch faster\u201d than Circle\u2019s USDC in its first year.<\/p>\n The past week has been quite turbulent for Ripple\u2019s native cryptocurrency, with its valuation ranging from $1.35 to $1.66. Currently, it trades at approximately $1.45, representing a 2% daily decline.<\/p>\n It is important to note that the surge to the local high occurred<\/a> over the weekend and was short-lived, prompting some analysts, such as Ali Martinez, to describe the 2-week candle closure as a gravestone doji. This is a candlestick\u00a0pattern in which the price spikes during the period but closes near where it started, resembling an upside-down \u201cT.\u201d Martinez\u00a0noted<\/a> that the last time this formation appeared<\/span>\u00a0on the weekly chart, XRP\u2019s price dropped by 46%.<\/p>\n Other analysts take a more optimistic view. X user BitGuru believes<\/a> XRP is \u201ccoming out of a prolonged downtrend\u201d and is attempting to reclaim key support at approximately $1.50. Should it succeed, a recovery to $1.80-$2 is possible, they predicted.<\/p>\nRLUSD Outperforms USDC on This Front<\/h2>\n
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XRP Price Outlook<\/h2>\n
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