Can XRP Reach $5? Ripple Price Prediction Analyzes Its Bullish Potential🔥
RLUSD Minting: XRP Ledger vs. Ethereum Network
Ripple’s recent minting activity included 2.6 million RLUSD tokens on the XRP Ledger, plus smaller batches of 100,000, 160,000, and 640,000 RLUSD tokens. The XRP Ledger demonstrated its efficiency, with minting costs totaling just 0.00048 XRP.
On the Ethereum Network, Ripple minted 10.4 million RLUSD tokens, along with another 640,000. The cost of the largest batch was 0.00161 ETH, or about $6.31. These tests show the scalability and cost-effectiveness of both networks.
Analysts are closely watching key resistance levels, with XRP potentially targeting $3 and even $5 if it breaks the $2.50 resistance.
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