Key Insights: Binance has expanded support for Ripple’s RLUSD stablecoin by integrating it on the XRP Ledger (XRPL), and deposits are now open. The move comes onlyKey Insights: Binance has expanded support for Ripple’s RLUSD stablecoin by integrating it on the XRP Ledger (XRPL), and deposits are now open. The move comes only

XRP Price Eyes $0.61 Retest as Binance Adds RLUSD on XRPL: Details

Key Insights:

  • XRP price $0.61 Fibonacci retest before breakout price target.
  • Binance adds RLUSD and XRPL, increasing 24-hour trading volume by 22%.
  • RLUSD market cap is at around $1.5 billion across ETH and XRPL.

Binance has expanded support for Ripple’s RLUSD stablecoin by integrating it on the XRP Ledger (XRPL), and deposits are now open. The move comes only weeks after the exchange listed RLUSD on Ethereum and signals increasing multi-chain support for the stablecoin. As this ecosystem activity builds strength, XRP itself is nearing a key technical level that analysts believe could influence its next major move.

Binance Completes RLUSD Integration on XRPL

Binance confirmed it has completed RLUSD integration on the XRP Ledger, which allows users to deposit the stablecoin directly through XRPL. The listing follows Binance’s previous support for RLUSD on Ethereum, where the exchange had previously indicated that XRPL compatibility would be coming soon.

Ripple executive Reece Merrick noted the development as a positive step toward RLUSD adoption. Exchange integrations generally lead to increased liquidity, greater accessibility, and broader use across trading pairs and settlement channels.

RLUSD is trading at a market capitalization of around $1.5 billion. Ethereum accounts for the majority of supply, with almost $1.2 billion issued on the network, according to Etherscan data. Meanwhile, about $250 million of RLUSD is being issued on the XRP Ledger.

Although RLUSD is currently only available on Ethereum and XRPL, Ripple is looking to expand issuance to Ethereum layer-2 networks, including Base, Optimism, Unichain, and Ink. That expansion is expected to be facilitated by Ripple’s partnership with Wormhole, which enables cross-chain interoperability.

RLUSD Trading Volume Surges 22%

Following Binance XRPL integration, RLUSD had a 22% increase in 24-hour trading volumes to approximately $200 million, as per CoinMarketCap. The stablecoin is now among the top 50 cryptocurrencies by market capitalization.

Increased access to the exchange is often the cause of short-term volume growth. However, lasting adoption relies on deeper liquidity, settlement flows, and integration between payment and custody platforms.

XRPL validator Vet called Binance’s move a “massive door opener” for the wider XRP ecosystem. Greater stablecoin liquidity on XRPL can support payment use cases and increase on-chain utility, especially if RLUSD becomes widely used for settlement and trading.

This integration also coincided with the XRP Community Day, during which Ripple CEO Brad Garlinghouse once again guaranteed that XRP and RLUSD are at the center of Ripple’s long-term plan. He described XRP as the company’s “North Star” with its focus on payments, liquidity, and custody offerings.

Regulatory Developments Could Boost RLUSD

RLUSD recently got an indirect regulatory boost when the US Commodity Futures Trading Commission added eligible payment stablecoin collateral for derivatives markets. The expansion includes stablecoins issued by National Trust Banks.

Ripple has already obtained a trust charter that may bring RLUSD within this regulation. Such a status can help institutional investors gain more confidence in the stablecoin and expand its usage in derivatives and collateral markets.

Regulatory positioning can be strong and influential in the adoption of stablecoins, especially among institutional users. As regulatory clarity improves, RLUSD is gaining traction outside retail trading environments.

XRP Price Nears Crucial Fibonacci Retest

While developments in RLUSD have bolstered the XRP ecosystem, technical analysts are closely monitoring XRP’s price structure. Analyst EGRAG Crypto recently revisited his July 21, 2025, outlook and stated that a retest of the 0.5 Fibonacci level around $0.61 was part of the larger plan.

XRPUSD Monthly Chart | Source: EGRAG, XXRPUSD Monthly Chart | Source: EGRAG, X

According to his analysis, XRP has been forming a symmetrical triangle consolidation pattern over a multi-year period. Such formations often precede significant breakout moves, but they tend to consist of periods of volatility and retesting of key support levels.

EGRAG highlighted the psychological challenge of holding through volatility. He observed that many traders struggle to maintain their convictions during drawdowns. However, the long-term structure remains intact.

The $0.61 Fibonacci level is now a key inflection point. If XRP manages to hold that spot and structurally maintain within the triangle, the measured move projections suggest possible upside expansion. However, failing to maintain support could delay a breakout.

The post XRP Price Eyes $0.61 Retest as Binance Adds RLUSD on XRPL: Details appeared first on The Market Periodical.

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