The post RLUSD Records 143% Surge in Volume as XRP Flips $1.40 Resistance appeared on BitcoinEthereumNews.com. Ripple USD (RLUSD) stablecoin has soared in volumeThe post RLUSD Records 143% Surge in Volume as XRP Flips $1.40 Resistance appeared on BitcoinEthereumNews.com. Ripple USD (RLUSD) stablecoin has soared in volume

RLUSD Records 143% Surge in Volume as XRP Flips $1.40 Resistance

For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

Ripple USD (RLUSD) stablecoin has soared in volume by over 143% within the last 24 hours. The spike in volume follows renewed interest in crypto activities on the market and XRP breaching the $1.40 resistance level.

Is XRP breakout driving demand for RLUSD?

CoinMarketCap data reveals that Ripple USD stablecoin volume surged to an intraday peak of 143% as the broader crypto market buzzed with trading activities. In the Ripple ecosystem, XRP’s bullish outlook has added to the RLUSD demand.

Within the same period, XRP’s demand has increased, with trading volume soaring by 148.48% to $3.12 billion. The upward surge flows from XRP, finally breaching a critical resistance level. 

As of writing time, XRP exchanges hands at $1.47, which represents a 3.74% increase in the last 24 hours.

It appears that the surge in Ripple USD stablecoin demand comes from investors requiring RLUSD to purchase XRP and other crypto assets that are recording gains in the ongoing bullish recovery.

Notably, RLUSD is gaining traction among crypto users, and this has supported its rapid growth in the space. Its market capitalization has hit $1.55 billion, with many anticipating it could attain the $2 billion level in the second quarter of 2026.

RLUSD is designed to onboard institutional capital into the XRP Ledger ecosystem, which creates more transaction routes and strong demand for XRP. This is because XRP serves as the bridge asset, and increased volume on RLUSD has a way of positively impacting XRP.

You Might Also Like

Ripple pushes global expansion for RLUSD

Meanwhile, Ripple USD stablecoin has continued to witness increasing demand across the globe. As U.Today reported, Ripple’s senior executive, Reece Merrick, has highlighted that RLUSD grew by 733% as demand surged across the globe.  

Ripple remains strategic in its expansion moves and has been innovative as well. Merrick recently hinted that Ripple will become a single global payment platform for its institutional users.

With the move, banks and other financial companies can access RLUSD, XRP and XRP Ledger under one roof without needing to juggle multiple vendors. This push for convenience might further increase adoption and grow its volume. 

Source: https://u.today/rlusd-records-143-surge-in-volume-as-xrp-flips-140-resistance

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Steel Dynamics (STLD) Stock Dips Following Disappointing Q1 Earnings Forecast

Steel Dynamics (STLD) Stock Dips Following Disappointing Q1 Earnings Forecast

Steel Dynamics (STLD) stock dropped 1.3% premarket after issuing Q1 EPS guidance of $2.73–$2.77, significantly below the $3.24 Wall Street consensus. The post Steel
Share
Blockonomi2026/03/17 21:45
EUR/CHF slides as Euro struggles post-inflation data

EUR/CHF slides as Euro struggles post-inflation data

The post EUR/CHF slides as Euro struggles post-inflation data appeared on BitcoinEthereumNews.com. EUR/CHF weakens for a second straight session as the euro struggles to recover post-Eurozone inflation data. Eurozone core inflation steady at 2.3%, headline CPI eases to 2.0% in August. SNB maintains a flexible policy outlook ahead of its September 25 decision, with no immediate need for easing. The Euro (EUR) trades under pressure against the Swiss Franc (CHF) on Wednesday, with EUR/CHF extending losses for the second straight session as the common currency struggles to gain traction following Eurozone inflation data. At the time of writing, the cross is trading around 0.9320 during the American session. The latest inflation data from Eurostat showed that Eurozone price growth remained broadly stable in August, reinforcing the European Central Bank’s (ECB) cautious stance on monetary policy. The Core Harmonized Index of Consumer Prices (HICP), which excludes volatile items such as food and energy, rose 2.3% YoY, in line with both forecasts and the previous month’s reading. On a monthly basis, core inflation increased by 0.3%, unchanged from July, highlighting persistent underlying price pressures in the bloc. Meanwhile, headline inflation eased to 2.0% YoY in August, down from 2.1% in July and slightly below expectations. On a monthly basis, prices rose just 0.1%, missing forecasts for a 0.2% increase and decelerating from July’s 0.2% rise. The inflation release follows last week’s ECB policy decision, where the central bank kept all three key interest rates unchanged and signaled that policy is likely at its terminal level. While officials acknowledged progress in bringing inflation down, they reiterated a cautious, data-dependent approach going forward, emphasizing the need to maintain restrictive conditions for an extended period to ensure price stability. On the Swiss side, disinflation appears to be deepening. The Producer and Import Price Index dropped 0.6% in August, marking a sharp 1.8% annual decline. Broader inflation remains…
Share
BitcoinEthereumNews2025/09/18 03:08
Why Investors Watching BTC, ETH, and SOL Are Also Tracking This New DeFi Altcoin

Why Investors Watching BTC, ETH, and SOL Are Also Tracking This New DeFi Altcoin

Bitcoin, Ethereum, and Solana already sit at the center of most crypto portfolios, but that is also why some investors keep looking for earlier-stage projects with
Share
Techbullion2026/03/17 20:50