Despite the recent selling spree from Ripple’s co-founder, Chris Larsen, and a 20% dip in XRP’s price this month, the token is still holding steady above $3. This is like saying your favorite sports team lost a game but is still leading the league—pretty resilient, wouldn’t you say? Investors remain cautiously optimistic, mostly because they’re waiting for the big XRP ETF filings and the growing buzz around Ripple’s stablecoin, RLUSD. 🚀
Larsen has offloaded over 100 million XRP tokens, worth roughly $200 million, but he’s still sitting on a whopping 2.58 billion XRP. That’s like having a garage full of vintage Ferraris and deciding to sell just one. Sure, it raises some eyebrows, but most analysts think XRP is still in a great position thanks to growing interest from big players and its practical applications.
Altcoin Daily Sees XRP’s Massive Utility Growth
In a recent video titled “What 1,000 XRP Coins Will Be Worth in 2026,” Altcoin Daily breaks down why they believe XRP is a top contender for long-term crypto success. They didn’t give a hard number, but they did emphasize XRP’s unparalleled utility in global finance. Apparently, XRP can settle transactions almost instantly and for less than a penny, which is like getting a Ferrari to deliver your mail. 🏎️✨
RLUSD Stablecoin Strengthens XRP’s Position
Another big win for XRP is Ripple’s stablecoin, RLUSD, which has exploded in growth, rising over 600% in just six months to surpass a $500 million market cap. While 83% of its usage is still on Ethereum, its existence is a huge plus for XRP. Why? Because every time RLUSD trades on the XRPL DEX, it uses XRP as a bridge asset, effectively burning XRP with each transaction. The more RLUSD grows and moves to XRPL, the better it is for XRP holders. It’s like a magic trick where the more people watch, the more coins appear in your pocket. 🪄💰
From Doubters to Believers
Analysts who were once skeptical about XRP, particularly during its legal tussle with the SEC, have now become believers. After Ripple’s legal victories and strategic growth, they’re acknowledging XRP’s real-world utility and institutional appeal. If Bitcoin hits $150K, they predict XRP could climb to $5–$9 by 2026. So, if you’ve got 1,000 XRP, you might be looking at anywhere between $5,000 and $9,000, depending on how the market feels. 📈💸
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FAQs
How much is 1 XRP right now?
XRP is trading around $3.18450394.
Why is Chris Larsen selling XRP?
Chris Larsen sold 100M XRP, possibly for portfolio rebalancing, but still holds 2.58B, signaling long-term confidence.
What is Ripple’s RLUSD stablecoin used for?
RLUSD enables stable crypto payments and boosts XRP utility by using it as a bridge asset via auto-bridging on XRPL.
Will XRP ETF approval impact price?
Yes, a spot XRP ETF could drive institutional inflows, likely pushing XRP’s price significantly higher post-approval.
Why is XRP gaining institutional interest?
XRP offers near-instant global settlements at low cost, attracting firms managing $240B+ to seek SEC ETF approval.
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2025-07-26 18:48