Ripple Sets New Record with 50 Million RLUSD Minted in One Day
Ripple USD (RLUSD) continues to make waves in the crypto industry, reaching significant milestones within a short period. After only 106 days of operation, RLUSD has surpassed the 240 million circulating supply mark, highlighting its growing adoption. As of March 31, 2025, CoinMarketCap data confirms RLUSD’s circulating supply at 243,690,000 tokens. This milestone underscores the rapid expansion of Ripple’s stablecoin in the market. Ripple Mints Record 50 Million RLUSD in a Single Day Ripple recently executed its largest-ever single-day minting, issuing 50 million RLUSD tokens. This massive supply increase propelled RLUSD past the 240 million milestone. However, Ripple has not officially addressed the reason behind this unprecedented minting event. Source: CoinMarketCap Despite the absence of an official statement, the surge suggests a rising demand for RLUSD among users. Ripple’s minting strategy reflects a calculated approach to ensuring supply meets market needs while avoiding oversaturation. Related article: 20 Million XRP Dumped Post-SEC Win—Is $2.13 Support in Danger? Ripple has previously demonstrated a strategic approach to RLUSD supply control. Earlier in March, the stablecoin tracker revealed that Ripple’s treasury refrained from minting any new tokens for over four days. This deliberate pause likely aimed to balance market demand and prevent excessive supply. Competing with Industry Leaders While RLUSD shows promising growth, it still has a long way to go before competing with major stablecoins like Tether (USDT) and USD Coin (USDC). RLUSD’s $243 million market cap remains significantly smaller than USDT’s $144 billion and USDC’s $60 billion. Related article: RLUSD on Cardano? 22% ADA Surge Possible If Ripple Deal Finalized Before competing with the largest stablecoins, RLUSD might first challenge PayPal’s PYUSD, which currently has a $720 million market cap. RLUSD remains $477 million behind PYUSD, indicating the work needed to close the gap. Ripple CEO Brad Garlinghouse has expressed confidence in the stablecoin’s future, emphasizing that the company aims to rank among the top five stablecoins by the end of 2025.
XRP’s Path to $15: Analysts Back Bullish Breakouts With Strong Technical and Regulatory Fuel
XRP continues to attract bullish projections as analysts point to a powerful mix of technical momentum, regulatory clarity, and growing institutional interest. Multiple indicators now suggest that XRP could surge toward the $15 mark in the coming months—representing a potential gain of over 600% from current levels. Analysts tracking XRP’s price action have identified key breakout patterns and structural support zones that align with Fibonacci-based projections and multi-year resistance flips. Combined with the SEC lawsuit resolution and a shifting regulatory climate in the U.S., these signals have created a highly optimistic outlook for XRP’s trajectory. XRP Breaks Long-Term Resistance as Analysts Map Cup-and-Handle Setup Crypto analyst CryptoELlTES recently highlighted XRP’s breakout above the long-standing resistance zone between $1.95 and $2.10. This zone had capped major rallies in 2018 and 2021, but XRP has pushed past it and begun treating it as a new support base. By breaking through this multi-year resistance, XRP may have confirmed a large cup-and-handle pattern on the macro chart—a bullish formation often preceding sustained upside. According to CryptoELlTES, XRP is retesting the $1.63 region, which aligns closely with the 0.786 Fibonacci retracement level. If XRP supports this zone, the setup will strengthen significantly. The analyst projects two key upside targets using Fibonacci extensions: $8.34 as an initial resistance near the 1.272 extension level and a more aggressive range of $13.55 to $15 if momentum continues toward the 1.414 extension. Based on the pattern structure and retracement dynamics, CryptoELlTES sees these levels as technically realistic in the months ahead. Bullish Rectangle Pattern Shows Signs of Market Accumulation Another respected analyst, Dark Defender, pointed out the development of a bullish rectangle pattern in XRP’s current consolidation phase. The token has been between strong support near $1.88 and resistance around $2.50, forming a horizontal channel that could act as a base for a breakout. Dark Defender emphasized that this setup signals market accumulation—an important phase before many historical breakouts. If XRP breaks and holds above the $2.50 resistance level, the analyst expects a rally targeting the $5.85 range based on the 261.8% Fibonacci extension from the pattern. Because XRP has repeatedly held the $1.88 support level, Dark Defender believes the likelihood of this breakout resolving to the upside continues to increase. In this scenario, XRP could challenge its all-time high and establish new record territory if bullish volume confirms the move. Regulatory Clarity Adds Fuel to the Bullish Outlook Regulatory progress in the United States has further supported XRP’s bullish momentum. Digital asset researcher Anders noted that the SEC’s decision to drop its lawsuit against Ripple has cleared a major hurdle for the company and its native token. This dismissal allows Ripple to refocus on ecosystem expansion, global partnerships, and institutional integrations without the legal uncertainty that hovered over it for years. The outcome also sets a broader precedent for how regulators view XRP, effectively removing its classification as a security in many eyes. In addition, Anders pointed to the repeal of the SEC’s Staff Accounting Bulletin 122 (SAB 122), which now allows U.S. banks to offer digital asset custody services. This regulatory shift allows institutional players to safely custody XRP and participate in its ecosystem through regulated financial institutions. Ripple’s upcoming stablecoin, RLUSD, may also benefit from the push toward stablecoin regulation. If regulators introduce clearer compliance standards, RLUSD could position itself as one of the more institutionally viable offerings—adding another utility layer for XRP within the RippleNet framework. Analysts Anticipate a Boost From Potential XRP ETF Approval Anders also highlighted growing expectations around a spot XRP exchange-traded fund (ETF) approval in the U.S., citing prediction market data. Anders noted that sentiment around an XRP ETF remains highly bullish, especially for late 2025. If regulators greenlight a spot XRP ETF, institutional investors could gain easy exposure to the asset through traditional financial platforms. This access could trigger large capital inflows, drive trading volume, and increase XRP’s market cap. Many analysts now see ETF approval as a major price catalyst that could align with the $15 long-term target. As the ETF narrative gains momentum, XRP could benefit from the same kind of institutional attention that propelled Bitcoin following its ETF approvals earlier in 2025. XRP Maintains Strength Amid High Trading Volume As of March 28, 2025, XRP trades near $2.30 with a 24-hour trading volume approaching $2.7 billion. Despite brief price pullbacks, XRP has continued to hold above key support zones, supporting the broader bullish structure that analysts have described. The token’s market cap stands close to $136 billion, making it one of the most valuable digital assets in circulation. Analysts believe this valuation still leaves room for a significant upside, especially if XRP follows through on technical setups and benefits from continued regulatory tailwinds. Technical traders and institutional analysts watch XRP closely as it tests important price levels. If volume remains strong and sentiment holds, XRP could accelerate quickly toward its upper Fibonacci targets. Read Also: Shiba Inu Breakout Could Trigger 115% Surge to… Conclusion: XRP Builds Toward a Breakout as Technical and Regulatory Winds Align XRP’s current market structure reflects a rare alignment between technical strength and regulatory clarity. Analysts tracking long-term price behavior point to confirmed resistance breaks, bullish consolidation patterns, and classic setups that suggest an extended upside. At the same time, Ripple’s legal victory and regulatory progress in the U.S. have eliminated major roadblocks and opened the door for institutional adoption. As investors watch XRP test and retest key support zones, analysts remain confident that $15 is within reach—provided the market respects technical confirmations and incoming catalysts such as ETF approvals materialize. If these signals hold, XRP may recover and surpass its previous highs, setting a new standard for post-litigation growth in the crypto market.
BlackRock and Fidelity Expected to Enter XRP ETF Race as Ripple Lawsuit Winds Down
With the long-standing Ripple-SEC legal battle approaching its final chapter, ETFStore President Nate Geraci believes top asset managers like BlackRock and Fidelity will soon file for XRP exchange-traded funds (ETFs). As regulatory uncertainty fades, industry experts anticipate a wave of institutional interest in the third-largest non-stablecoin cryptocurrency. Ripple and SEC Drop Appeals: Lawsuit Nears Conclusion This week, Ripple took a decisive step toward ending its multi-year legal dispute with the U.S. Securities and Exchange Commission (SEC) by dropping its cross-appeal. This came just days after the SEC itself moved to dismiss its appeal, a development confirmed by Ripple CEO Brad Garlinghouse. While these decisions mark significant progress, the lawsuit still requires final approvals from SEC commissioners and court confirmation to reach a full resolution. However, the latest actions strongly suggest that regulatory clarity around XRP is imminent. Institutional Interest on the Rise: BlackRock and Fidelity Poised to Act Until now, firms like BlackRock and Fidelity have held off on filing for XRP ETFs, likely due to the ongoing legal uncertainties. Meanwhile, other institutions, including Franklin Templeton and WisdomTree, have already submitted ETF filings involving XRP or expressed interest. Nate Geraci expects this to change. Once the lawsuit officially concludes, BlackRock and Fidelity—two of the largest asset managers in the world—will likely enter the XRP ETF space. Both companies have launched successful Bitcoin and Ethereum ETFs, making XRP a logical next step. Despite XRP’s status as the third-largest non-stablecoin crypto, it remains absent from their ETF portfolios. Geraci emphasized that this omission will likely end once the SEC clears. Related article: Ripple vs SEC Nears Endgame—XRP Could See 12% Rebound on Sales Restart SEC Approval Expected, XRP ETF Filings Already Underway Geraci also expressed confidence that the SEC will eventually approve XRP ETFs, asserting that it is no longer a question of “if,” but “when.” Ripple CEO Brad Garlinghouse recently echoed this sentiment, maintaining optimism about XRP ETFs becoming a reality. Several institutions, including 21Shares and Grayscale, have filed for XRP ETFs in the U.S., and exchanges have submitted related filings that the SEC has acknowledged. Additionally, prominent blockchain analyst Vincent Van Code predicted that the SEC could greenlight multiple XRP ETFs by May 22, 2025. While this forecast remains speculative, it reflects growing market confidence. Investors Await SEC’s Final Decision All eyes are now on the SEC, which is expected to vote today during a closed-door meeting regarding its decision to drop the Ripple appeal. The vote would mark a turning point if approved, effectively closing the chapter on a regulatory saga that has clouded XRP’s future for years. In the meantime, investors, institutions, and analysts alike are preparing for what could be a significant shift in the crypto ETF landscape—one where XRP finally earns its place alongside Bitcoin and Ethereum.
