XRP Ledger (XRPL) has started 2025 on a positive note, showing a 14% boost in Total Volume Locked (TVL) according to the latest figures.
Investor Confidence and Key Developments on XRP Ledger
The 14% increase in TVL to $65.52 million signals growing investor interest in XRPL. An increase in TVL often reflects the confidence of both current and potential investors.
Is RLUSD Behind the Current Bullish Outlook?
The launch of RLUSD stablecoin in 2024 has bolstered investor confidence. RLUSD is already featured on platforms like Uphold and MoonPay, offering affordable and efficient global payment services.
XRP Market Position and Price Projections
XRP secured the third position in market cap, surpassing Tether. This was partly due to MiCA regulations in Europe and strong community support. The price is expected to continue rising, potentially reaching $3.70 if support holds between $1.98 and $2.00.
XRP Ledger shows significant improvement at the start of 2025, supported by growing investor confidence and innovations like RLUSD.
