• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

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.

chest
chest
chest

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Trump Asserts US Dominance Over Strait of Hormuz Amid Tensions

chest

US President Donald Trump claims total US control over the Strait of Hormuz amid tensions with Iran, despite a significant drop in maritime traffic.

user avatarAndrew Smith

Crypto Market Faces Layoffs and Shifts in Investment Trends

chest

The crypto market is currently facing significant layoffs, with firms like Coinbase and FalconX reducing their workforce. Retail investors are increasingly shifting their focus from cryptocurrencies to sports betting platforms and AI stocks.

user avatarZainab Kamara

Bitwise Asset Management Reduces Staff Amid Market Adjustments

chest

Bitwise Asset Management has reduced its staff by approximately 14 employees, bringing its total workforce to about 155, while maintaining that it is still the largest in the company's history.

user avatarJacob Williams

Arthur Hayes Outlines Yenquake Macro Thesis Impacting Bitcoin

chest

Arthur Hayes proposes a macro thesis called 'Yenquake', suggesting that supporting the Japanese yen could inject dollar liquidity into global markets, potentially benefiting Bitcoin.

user avatarSon Min-ho

Jupiter Introduces Smart Debt Feature to Boost DeFi Efficiency

chest

Jupiter has launched a new feature called Smart Debt through its Jupiter Lend platform, allowing users to deploy borrowed assets into DEX liquidity pools to earn trading fees.

user avatarAyman Ben Youssef

Three Indicators for Bitcoin's Return to $100k

chest

Experts identify three signs that may indicate Bitcoin's potential to reclaim the $100k price level.

user avatarKofi Adjeman

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.