Ripple USD (RLUSD) stablecoin has soared in volume by over 143% within the last 24 hours. The spike in volume follows renewed interest in crypto activities on the market and XRP breaching the $1.40 resistance level.
Is XRP breakout driving demand for RLUSD?
CoinMarketCap data reveals that Ripple USD stablecoin volume surged to an intraday peak of 143% as the broader crypto market buzzed with trading activities. In the Ripple ecosystem, XRP’s bullish outlook has added to the RLUSD demand.
Within the same period, XRP’s demand has increased, with trading volume soaring by 148.48% to $3.12 billion. The upward surge flows from XRP, finally breaching a critical resistance level
As of writing time, XRP exchanges hands at $1.47, which represents a 3.74% increase in the last 24 hours.
It appears that the surge in Ripple USD stablecoin demand comes from investors requiring RLUSD to purchase XRP and other crypto assets that are recording gains in the ongoing bullish recovery.
Notably, RLUSD is gaining traction among crypto users, and this has supported its rapid growth in the space. Its market capitalization has hit $1.55 billion, with many anticipating it could attain the $2 billion level in the second quarter of 2026.
RLUSD is designed to onboard institutional capital into the XRP Ledger ecosystem, which creates more transaction routes and strong demand for XRP. This is because XRP serves as the bridge asset, and increased volume on RLUSD has a way of positively impacting XRP.
Ripple pushes global expansion for RLUSD
Meanwhile, Ripple USD stablecoin has continued to witness increasing demand across the globe. As U.Today reported, Ripple’s senior executive, Reece Merrick, has highlighted that RLUSD grew by 733% as demand surged across the globe
Ripple remains strategic in its expansion moves and has been innovative as well. Merrick recently hinted that Ripple will become a single global payment platform for its institutional users.
With the move, banks and other financial companies can access RLUSD, XRP and XRP Ledger under one roof without needing to juggle multiple vendors. This push for convenience might further increase adoption and grow its volume
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Garlinghouse Maintains Confident Tone on XRP Throughout 2026
Ripple CEO Brad Garlinghouse has maintained a positive outlook on XRP and regulatory developments throughout 2026, emphasizing institutional interest and the anticipated passage of the CLARITY Act despite XRP's price decline. His public statements highlight momentum in Ripple's business and project confidence in the crypto market's future.
CryptoFrontier21m ago
XRP Trading Volume Surges to $1.81B in Single Session, Holds Above $1.43
XRP trading volume reached $1.81 billion, driven by futures at $1.47 billion and spot trading at $341 million. Currently priced at $1.43, XRP is above the 200-day EMA, signaling bullish momentum and increased market participation.
GateNews8h ago
Exodus Wallet Adds Native XRP Ledger Integration and RLUSD Support
Exodus Wallet has integrated native XRP Ledger features, allowing users to manage XRP and Ripple's RLUSD stablecoin directly within the app. This upgrade enhances self-custody options and supports the growing market for RLUSD, which has recently been adopted as futures collateral.
CryptoFrontier9h ago
XRP Consolidation Signals Reset as Bullish Setup Emerges
XRP has recently rebounded to $1.39 after trading between $1.20 and $1.40 due to improved market sentiment. A significant drop in futures open interest reflects reduced speculation, while technical indicators suggest a potential bullish breakout, targeting $1.50 and possibly $1.80.
CryptoNewsLand10h ago
XRP Eyes Breakout as US Congress Revisits CLARITY Act
Key Insights:
XRP price faces a decisive week as the US Congress debates the CLARITY Act, with legislative progress likely to influence short-term market direction significantly.
Technical indicators highlight a potential breakout above $1.36, while mixed momentum signals suggest
CryptoNewsLand11h ago
