XRP remains unaffected by the recent developments in the Ripple ecosystem.
RLUSD stablecoins will be launched soon, and XRPL will see smart contract functionalities.
Bill Morgan doubts if the lawsuit’s conclusion will bring about a significant boost to XRP’s fortunes.
XRP’s price stayed flat despite Ripple’s upcoming RLUSD stablecoin launch and XRPL smart contract integration, sparking debate within the community.
While the Ripple community anticipates these advancements, XRP advocate Bill Morgan recently questioned on X whether these developments were enough to impact XRP’s price, given its current stagnation.
Just my observation, but neither the news that Ripple will bring smart contract capability to the XRPL nor that the RLUSD will go live in the next few weeks has impacted in any discernible way on the price of XRP. In terms of the Howey test not only would I question whether an…
— bill morgan (@Belisarius2020) September 4, 2024
Ripple CEO Brad Garlinghouse had recently revealed the soon-to-launch, dollar-pegged stablecoin, RLUSD. According to Garlinghouse, RLUSD currently is in private beta phase and is slated for release in the coming weeks. …
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