Hold onto your hats, folks! The crypto world is whirling around like a cosmic carnival, and Ripple‘s RLUSD has just hit the eye of the storm!
- XRP has been on a roll, jumping 12.8% in just seven days! 🚀
- RLUSD’s total supply has reached a staggering $120 million! 🤑
Over the past year, regulated stablecoins have become the talk of the town. RLUSD, Ripple’s latest creation, has been making waves and raking in the big bucks!
Since its launch, RLUSD has been growing steadily, and it’s now reached a whopping $120 million total supply! 📈
RLUSD’s total supply: A cosmic achievement!
According to CryptoQuant, RLUSD has been growing exponentially, and it’s now reached an impressive total supply of $120 million!
At the moment, XRPL holds around 37.4 million RLUSD, which is more than Ethereum [ETH]. This means the total supply is below 83.3 million USD. 🌌
After its launch, RLUSD saw a parabolic growth on Ethereum, but now it’s gained more traction on XRPL. This is because XRP ledger has lower transaction fees compared to Ethereum. 💸
This massive growth in RLUSD supply is a significant milestone for regulated stablecoins and a testament to the crypto community’s trust in Ripple’s XRP. 🌍
What does this mean for XRPL?
The continued growth in RLUSD’s supply is excellent news for Ripple’s native token, XRP!
As RLUSD’s holdings on XRPL grow, XRP benefits too! This intertwined relationship means that when RLUSD grows, XRP is in for better performance and growth! 📈
XRP’s total addresses have been rising steadily, with an increase of 300k over the past month. This growth is crucial for XRP’s price growth! 💳
XRPL’s DEX liquidity has also surged, reaching a monthly high of 24.2 billion! This strong growth shows increased participation and a growing interest in the XRP Ledger! 💸
With adoption on the rise, XRPL’s network is experiencing market favorability, providing room for growth for XRP and RLUSD! 🌠
In conclusion, XRPL is on a roll, with RLUSD’s growth positively impacting XRP’s adoption and market participation! 💫
With favorable market conditions, XRP could soon reclaim the $3.0 resistance, and a high demand for XRP will see RLUSD grow even further! 📈
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2025-02-16 12:12