RLUSD price

It sounds like the guy who gave advice to @stoolpresidente might be a moron. Below, Dave said this guy told him that @circle would be competing with XRP and that’s why Dave should sell his XRP. 🤦‍♂️ Dave’s buddy clearly can’t distinguish between @Ripple, the company, and XRP, the native digital asset of the XRPL. XRP does not compete with Circle. The company Ripple competes with Circle. In fact, rumors were that @Ripple attempted to buy @circle. Worst yet, Ripple uses the stable coin $RLUSD to compete with Circle’s $USDC - NOT XRP.

🚨BREAKING: President Trump is scheduled to sign the Crypto Genius Act into law today at 2:30 PM! 🇺🇸🦅 $RLUSD 🤝 #XRP

Ripple’s XRP surged to a new all-time high of $3.55 on July 17, climbing more than 36% over the past week and over 13% over the past 24 hours. The rally marked XRP’s first break above its 2018 peak and came amid a broader altcoin resurgence. The surge comes amid a wider altcoin rally led by Ethereum (ETH), which climbed 21% over the past week, while Solana (SOL) climbed 8% during the same period, fueled by growing adoption of blockchain infrastructure and renewed investor confidence in digital assets. Ripple’s institutional push Ripple Labs, the company behind XRP, has expanded its institutional footprint, securing partnerships with hundreds of banks and financial institutions globally. These institutions are increasingly integrating the XRP Ledger to enable faster and cheaper cross-border payments and to tokenize real-world assets (RWA). Ripple’s USD-backed stablecoin, RLUSD, has reached $517 million in market value within eight months of launch. Analysts expect a potential spot XRP ETF listing in the U.S. could further catalyze demand for the asset. The resolution of Ripple’s long-standing legal battle with the U.S. Securities and Exchange Commission, with both parties dropping appeals, has removed a major regulatory overhang and positioned XRP as a blockchain solution tailored for compliance-focused institutions. Outlook remains bullish With regulatory clarity improving and institutional use cases gaining momentum, the breakout is seen as a validation of Ripple’s long-term strategy. XRP’s all-time high reflects investor belief in Ripple’s vision of building an “internet of value,” where financial institutions can move assets seamlessly across borders. XRP now trails only Bitcoin (BTC) and Ethereum in total market capitalization and currently sits at a little over $205 billion, signaling a potential reordering of the crypto landscape as regulated utility tokens gain ground. The post XRP hits new ATH of $3.55 after 7 years amid altcoin surge appeared first on CryptoSlate.

BOOOOOOOOOOOOOOOOOM!!! The US House of Representatives has just passed the #BITCOIN AND CRYPTO MARKET STRUCTURE BILL! 💥🔥 $RLUSD 🤝 #XRP

Original|Odaily Planet Daily (@OdailyChina) Author|Wenser(@wenser 2010 ) ON THURSDAY LOCAL TIME, THE U.S. HOUSE OF REPRESENTATIVES PASSED THREE CRYPTOCURRENCY-RELATED LEGISLATION, NAMELY: THE CLARITY BILL, THE GENIUS BILL, AND THE ANTI-CBDC SURVEILLANCE STATE BILL. Among them, the CLARITY bill and the anti-CBDC surveillance state bill will be sent to the Senate for consideration, and the GENIUS bill is expected to be signed into law by Trump on Friday local time. Affected by the policy news, cryptocurrencies related to the three major crypto bills have started to skyrocket. According to OKX market data, XRP price rose 18% in 24 hours to $3.64, surpassing the previous price high of $3.4 on January 7, 2018 and hitting a new all-time high. In this article, Odaily will sort out the multiple positive factors behind XRP's surge. Behind the XRP skyrocket, the crypto bill has become the best booster The biggest driver of XRP's new high is undoubtedly the three major U.S. crypto bills that have just been passed, and specifically, the benefits are mainly reflected in the following three aspects: CLARITY Act: Clarifying regulatory boundaries, XRP may be classified as a commodity rather than a security The CLARITY Act, known in Chinese as the Digital Asset Market Clarity Act of 2025, focuses on clarifying the classification and regulatory attribution of digital assets, and clarifying the boundaries of the powers of the two major regulators, the SEC (Securities and Exchange Commission) and the CFTC (Commodity Futures Trading Commission). further lowering the compliance threshold for crypto projects; The "bright-line test" is used to determine whether a crypto asset is a commodity or not, so as to clarify the regulatory regulations. After the passage of the bill, XRP is expected to be classified as a commodity regulated by the US CFTC, rather than a security regulated by the US SEC, which greatly lowers its trading threshold and market regulation. The GENIUS Act: Directly driving XRP's RLUSD As a crypto project with cross-border payment solutions as the main concept, XRP's RLUSD will also benefit from the introduction of the GENIUS Act, and the subsequent compliance path related to issuance and operation will be further clarified. You must know that as the hottest track of cryptocurrencies at the moment, stablecoin issuance has always been regarded as a "money printing machine" and "cash cow business" by people inside and outside the circle, and the launch of the genius bill will also help the trading volume of XRP and the issuance of RLUSD to grow. Previously, the Japanese financial institution SBI had announced that "users can exchange APLUS credit card points for XRP, BTC, ETH and other tokens", which shows the influence of XRP in the payment track. Anti-CBDC Surveillance State Act: Negative central bank digital currencies (CBDCs) in favor of decentralized cryptocurrencies The Anti-CBDC Surveillance State Act explicitly prohibits the Federal Reserve from researching, testing, developing, or implementing retail central bank digital currencies (CBDCs) to protect financial privacy and civil liberties. This was one of Trump's major political commitments before he took office, and now that the bill has been passed in stages, it will further strengthen and maintain the decentralization of cryptocurrencies, including XRP, and the privacy of crypto assets. At the same time, after the central bank digital currency is completely denied, XRP, as a mature payment network and corresponding token, is expected to further increase the usage rate and market attention. XRP ETF application, crypto reserve regulars and Ripple co-creation smash It is worth mentioning that XRP's current surge is also inseparable from its previous accumulation as a major ETF application project and a frequent visitor to cryptocurrency reserves; On the other hand, after the price of XRP skyrocketed, Chris Larsen, the co-founder of Ripple behind his team, also did not show mercy and directly started his consistent "smashing operation". XRP into an ETF application with a cryptocurrency reserve preference option As an 11-year-old crypto project, XRP's historical status is undoubtedly obvious to all, which makes it a preferred choice for ETF applications and crypto reserves: Trump's Truth Social Crypto Blue Chip ETF "Basket" Plan: Eric Balchunas, senior ETF analyst at Crypto Bloomberg, previously posted that according to the S-1 disclosure, the spot crypto "basket" of the Truth Social Crypto Blue Chip ETF includes BTC, ETH, Solana, XRP and Cronos; ProShares launched two new futures-based crypto ETF products this week, the ProShares Ultra Solana ETF and the ProShares Ultra XRP ETF, which are already trading on the New York Stock Exchange, albeit not investing directly in the XRP and Solana cryptocurrencies. In terms of cryptocurrency reserves, U.S.-listed Thumzup Media Corporation (NASDAQ:TZUP) previously announced that its board of directors has authorized the company to hold up to $250 million in crypto assets, covering multiple mainstream currencies including XRP; Amber International, a publicly traded subsidiary of Amber Group, previously announced the closing of a $25.5 million private placement to support its $100 million crypto reserve strategy, which was launched in May, with XRP among the reserve assets. The "fine tradition" of the Ripple team reappeared: co-creation and smashing It is understood that Ripple co-founder Chris Larsen has transferred $26 million worth of XRP to Coinbase as XRP approaches all-time highs. It's worth mentioning that this isn't the first time it's been a smash, as in January this year, it transferred 10 million XRP to Coinbase, which was worth more than $24.2 million at the time. In addition, this Tuesday, more than $6.5 million in XRP was transferred in 4 installments; On Thursday, XRP, worth more than $40 million, was also transferred to an unknown address. Despite the current positive situation and the price hitting a record high, the Ripple team's coin selling operation continues, of course, this is understandable, because selling coins to survive is Ripple's "business model" and way of survival. Conclusion: XRP may become the "third winner" after BTC and ETH After BTC spot ETF and ETH spot ETF, the market's speculation about the third crypto spot ETF has been stuck at the level of "SOL or XRP", and now, with the XRP price hitting a record high and a series of favorable policies, XRP spot ETF may be implemented from the paper stage to the actual promotion stage, and the price cap of XRP may be further widened.