Latest Developments in Ripple (XRP) for April 1

Despite Ripple's recent struggles, there have been some positive developments such as record-setting minting of its native stablecoin, RLUSD. About 50 million RLUSD were minted at the project's treasury, a record in its short history.

There's also speculation about Ripple exchange-traded funds (ETFs) following regulatory changes and the end of the lawsuit between Ripple and the SEC. However, the asset's long-term impact is uncertain. Meanwhile, Ripple's token price has been falling, leading to predictions it could drop towards $1.2. However, some believe it could rebound from the $2 line and surge towards $2.8.

While it remains amongst the poorest performers, there's hope that it might have already hit its lowest point this cycle during a drop to $1.8 several weeks ago.