Ripple’s RLUSD Shakes Up Kraken—Surges Past $10B in Trading Frenzy!

April 3, 2025 RAYMOND 0

Ripple’s RLUSD has officially launched on Kraken, adding to its growing adoption across major exchanges. Within a short time, the stablecoin has surpassed $10 billion in trading volume, reflecting strong market momentum. Kraken users can now deposit RLUSD, though mobile access and the instant Buy feature remain unavailable until liquidity improves.

Beyond exchanges, Ripple has integrated RLUSD into its cross-border payments network, connecting financial institutions and payment providers across 90+ markets. With a market cap nearing $250 million and a 55% surge in monthly transfer volume, RLUSD continues to gain traction, driven by institutional adoption and strategic partnerships.

XRP to $10,000? The Shocking Breakdown You Need to See!

March 30, 2025 RAYMOND 0

Crypto analyst Joshua Jake recently addressed the bold prediction that XRP could reach $10,000 per coin, dismissing it as unrealistic. He argued that factors like ETF approvals, institutional adoption, and TradFi involvement are unlikely to trigger such a surge, pointing to Bitcoin’s ETFs as proof that institutional interest alone cannot drive extreme price increases.

Jake also challenged the idea that market capitalization is irrelevant, emphasizing that at $10,000 per coin, XRP’s market cap would reach an impossible $1 quadrillion—far exceeding the total global wealth. He further debunked claims that banks would push XRP’s price that high, noting that financial institutions are more likely to develop their own blockchain solutions rather than give Ripple overwhelming control.

While acknowledging XRP’s potential, Jake urged investors to remain cautious, warning against falling for exaggerated price targets that could lead to disappointment.