Ripple’s RLUSD Surges Past $215M Volume, Eyes Top 50 Crypto Spot in Market Shakeout
Key Takeaways:RLUSD Volume Spike Signals Rising On-Chain ActivityMarket Conditions Favor Stablecoin RotationStable Demand Over Speculative Momentum
That rotation wave must be the one that RLUSD is riding on. Although coins such as NEAR, ICP, and ETF maintain a red streak on the weekly chart, those of RLUSD remain flat and yet busy. That is the red flag: high volume but no price movements are indicative that it is core infrastructure and not a meme coin. Other traders are hoarding stabilized coins in centralized exchanges in the hope that volatility will rebound. The increase in RLUSD on the large venues will allow it to be more visible in this cycle change. Prior to the recent explosion, Ripple inserted another 10 million RLUSD to the XRP Ledger. That action corresponded with increased demand for transactions and maintained liquidity. Increasing supply is not the way to climb up ranks, but it is a support of constant use, without leakages.About Author
