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Will XRP Price Hit All-Time High With Ripple鈥檚 RLUSD Launch?
Ripple News Today: XRP has been on a bull ride since the U.S. election, with its price soaring close to $3 earlier this month. Currently, XRP is trading at $2.51, having risen 4.52% following the news of Ripple鈥檚 RLUSD stablecoin launch. Analysts believe that XRP has the potential to reach $3.55 if the SEC ends its appeal and clears XRP from regulatory issues. This price target is based on the idea that once XRP鈥檚 legal challenges are resolved, the token could experience a significant rally.
In comparison, Bitcoin has only risen 46% since the election, and the broader crypto market has seen impressive double-digit gains of 93%. Showing positive gains XRP managed to surpass Solana and Tether. CNBC recently reported that XRP is one of the biggest winners of the Trump-led crypto rally, with a whopping 370% increase since the election. This whole build-up is making XRP jump the bigger assets.