XRP: Price Unchanged Amid RLUSD Launch and Smart Contracts Integration

user avatar

by Giorgi Kostiuk

2 years ago

Made with AI

  1. Current Situation of XRP Price
  2. Launch of RLUSD Stablecoin
  3. Expert Opinions and Questions


    4. Despite the upcoming technological advancements such as the RLUSD stablecoin launch and smart contracts integration on the XRP Ledger (XRPL), the price of XRP remains unchanged.

    Current Situation of XRP Price

    The price of XRP has remained stable despite announcements from Ripple regarding the upcoming launch of the RLUSD stablecoin and the integration of smart contract capabilities on the XRPL. The Ripple community is actively discussing these advancements, but no market changes have been observed so far.

    Launch of RLUSD Stablecoin

    Ripple CEO Brad Garlinghouse recently announced the launch of the RLUSD stablecoin, which will be pegged to the US dollar. According to Garlinghouse, RLUSD is currently in a private beta phase and will be available in the coming weeks.

    Expert Opinions and Questions

    XRP advocate and community member Bill Morgan expressed doubts on Twitter about the potential impact of these developments on the price of XRP: '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.'

    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.Bill Morgan

    While the Ripple community discusses the anticipated technological changes, investors and market participants continue to observe the price dynamics of XRP, evaluating the impact of these advancements.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

21Shares Announces Staking Distributions for Five Crypto ETFs

21Shares has announced staking distributions for five crypto ETFs, converting on-chain validation rewards into cash payouts for investors.

user avatarNguyen Van Long

Soluna and Bitdeer Expand Bitcoin Mining Partnership

Soluna and Bitdeer are increasing their Bitcoin mining capacity at Project Kati 1 in South Texas, adding approximately 7 MW of mining equipment to reach a total of 35 MW, with completion expected in November 2023.

user avatarSatoshi Nakamura

Microsoft Stock Surpasses 500 Mark Amid Analyst Buy Ratings

Microsoft's stock has climbed above the 500 level, opening at 509 during Tuesday's trading session. Analysts have given MSFT a buy rating, with predictions suggesting it could reach above 600.

user avatarJesper Sørensen

Oracle Integrates with Swift's Blockchain for Enhanced Banking Payments

Oracle announced a significant integration with Swift's blockchain ledger to facilitate tokenized deposit payments for banks.

user avatarRajesh Kumar

TRON DAO Rings Closing Bell at Cboe for TRXS Listing

TRON DAO rings the closing bell at Cboe Global Markets to celebrate the listing of TRXS, an exchange-traded product linked to TRX.

user avatarLucas Weissmann

MEXC Launches 'WE SEE YOU' Campaign to Highlight Individual Traders

MEXC has launched a new brand identity focused on the philosophy 'WE SEE YOU', emphasizing the importance of individual traders behind accounts.

user avatarFilippo Romano

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.