One of the important updates from a fundamental perspective is the stablecoin Ripple, RLUSD. Since the beginning of June, the market capitalization of RLUSD has surged from $310 million to $450 million—a significant increase in just two weeks. This spike demonstrates a growing interest in stablecoins, and Ripple's entry into this market could enhance the overall demand and visibility of XRP in the long term. If stablecoin projects continue to attract attention, Ripple and XRP could also benefit from this momentum.
Some analysts note that XRP is gradually showing signs of bullish pressure. If this continues and strengthens, XRP could rise much higher. In fact, the long-term target price for XRP is in the range of $7.50 to $10, but achieving these levels will require stronger momentum and favorable market conditions