XRP Rises to $3.55? Ripple's RLUSD Launch Triggers Whale Buying Frenzy!

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This stablecoin will initially operate on the XRP ledger and Ethereum mainnet, enabling integration with DeFi protocols and enhancing the utility of the entire ecosystem.

Before the RLUSD launch, XRP whales made significant moves, accumulating over 830 million XRP within 24 hours. This accumulation triggered a 1.62% increase in XRP's price, with the token trading at approximately $2.48.

Driven by strong market fundamentals and institutional adoption, Bitcoin (BTC) reached a historic high of $107,471. MicroStrategy, led by Chairman Michael Saylor, announced its latest acquisition of 15,350 BTC, worth $1.5 billion, bringing the company's total Bitcoin holdings to 439,000 BTC.

Meanwhile, funds continue to flow into U.S. Bitcoin ETFs, with net inflows into major products like Fidelity, ARK 21Shares, and Bitwise reaching $218.7 million. Analysts predict that Bitcoin's price could surpass the $110,000 milestone by the end of the year due to demand exceeding supply.

If XRP maintains momentum above $2.92, further gains are expected, with bullish targets set at $3.55 and above. However, regulatory transparency remains a key factor as the market awaits the next steps from the U.S. Securities and Exchange Commission regarding the launch of Ripple's stablecoin.

Fueled by ETF demand, institutional purchases, and Trump's pro-cryptocurrency policies, Bitcoin's growth trajectory is equally encouraging. The recent target for BTC remains $110,000, with analysts expecting further growth by 2025.

As the year comes to a close, XRP and Bitcoin stand at the forefront of the cryptocurrency market recovery, reflecting a rebound in investor confidence, institutional adoption, and an overall bullish sentiment.

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