XRP price eyes 70% surge to $4 as RLUSD stablecoin targets $1B market cap after 800% growth in 2025; XRP trades at $2.27, up 9.6% YTD.
XRP is trading at $2.27 today, July 7, up about 9.6% this year.
The market capitalization of the RLUSD stablecoin has skyrocketed by almost 815% in the same time frame.
In addition to outperforming Tether’s USDT after this surge, RLUSD is headed for a $1 billion market valuation.
If this occurred, would XRP hit $4 as indicated by a falling wedge pattern? Let’s investigate.
After 800% Growth, RLUSD Aims For $1B In Market Cap
At the time of writing, RLUSD’s market value was $485 million, up from $53 million at the start of the year.
This new stablecoin has expanded eightfold in just six months, making it one of the cryptocurrency industry’s fastest-growing initiatives.
Given that USDT, the top stablecoin, has only witnessed a 15% increase in market capitalization, RLUSD’s growth has been remarkable.
According to CoinMarketCap data, USDC’s market capitalization has only increased by 44%.
A changing regulatory environment is one of the main reasons why RLUSD might hit $1 billion and raise the likelihood of an XRP price hike.
According to CoinGape, US lawmakers have declared “Crypto Week” next week, during which they will discuss several proposals with a crypto focus, including the GENIUS Act.
If it passes, US-made stablecoins like RLUSD will have an advantage over competitors.
Second, Ripple has applied for a banking license, which will facilitate institutions’ adoption of the RLUSD stablecoin.
Not only would the price of XRP rise if regulators approve this license, but it will also help the stablecoin’s market capitalization grow.
Last, a recent rumor stated that Swiss-based bank AMINA will support RLUSD, allowing it to enter the conventional banking system.
This coin will likely reach a $1 billion market capitalization as more banks use it.
Will Growth Of RLUSD Cause XRP To Reach $4?
XRP Price may rise to $4 due to the RLUSD stablecoin.
This is due to historical evidence that the cost of the Ripple token increases in tandem with any favorable occurrences around the stablecoin.
In addition, a massive falling wedge pattern has emerged, increasing the likelihood that this goal will be reached.
A possible reversal of the present trend from a bearish to a bullish one is typically indicated by the falling wedge, and at the moment, XRP is threatening to break out from the upper trendline.
The price must close decisively above this resistance and return later to retest it as a support level to break out and properly properly conclude months of trading in consolidation.
The height of this collapsing wedge indicates that, if it holds, XRP Price may be on track for a 70% rally to close to $4.
In the meantime, the rising CMF indicator is reaffirming that bulls are in charge of the future performance of the XRP token.
The CMF indicates substantial buying demand as it climbs, which could lead to a significant price increase.
Following its entry into the positive zone, the MACD indicator is likewise trending bullishly, suggesting a future rally.
As it rises further, XRP Price might surpass $4.
Therefore, XRP Price may significantly rise in the future, bringing it towards the $4 all-time high if the RLUSD stablecoin becomes more well-known and is adopted.
The emergence of a falling wedge pattern increases the likelihood that this rally will occur.