$XRP
Great news for $XRP holders , Ripple introduced RLUSD, a new stablecoin fully backed by U.S. dollar deposits and government bonds, aiming to provide stability and liquidity. This launch led to a significant increase in XRP's price, with a rise of 11.5% to $2.64. RLUSD is available on global exchanges such as Uphold, Bitso, MoonPay, Archax, and CoinMENA, with plans for further expansion.
If we talk about Regulatory Developments ,the nomination of Stephen Miran, a known advocate for cryptocurrency deregulation, to President Trump's team has been viewed positively by the crypto community. This move suggests potential future regulatory support for digital currencies, which could influence XRP's adoption and integration into the financial system.
Based on my prediction and analysis $XRP could reach between $5 and $7 in the first half of 2025, citing its strong momentum and Ripple's advancements in the crypto space.
Stay Healthy and Wealthy Buddies 😉