XRP recorded an impressive 60% increase last month, far surpassing many major cryptocurrencies like Bitcoin and Ethereum.
XRP does not directly compete with Circle – the company developing the USDC stablecoin, while Ripple is expanding into traditional finance by applying for a bank license in the United States.
MAIN CONTENT
XRP increased by 60% in a month, surpassing many prominent cryptocurrencies.
Ripple and Circle operate in different areas of digital finance and are not direct competitors.
Ripple is preparing to launch the RLUSD stablecoin in partnership with major financial institutions.
How do XRP and its recent price movements affect the market?
Data shows XRP unexpectedly surged 60% in 30 days, surpassing Bitcoin, Ethereum, and Solana, capturing the attention of investors and analysts.
This breakthrough occurred after Ripple officially submitted its bank license application in the United States, showcasing its ambition to advance in the traditional finance sector. As a result, XRP is not only highly regarded for its technology but is also expected to integrate more deeply into the financial system.
Why is there confusion about the relationship between Ripple, XRP, and Circle?
Cryptocurrency lawyer John Deaton, a leading expert, confirmed that XRP does not directly compete with Circle or the USDC stablecoin.
XRP is a digital asset focused on liquidity and cross-border payments, while Ripple, the company behind XRP, is developing the RLUSD stablecoin to compete with Circle.
John Deaton, Crypto Lawyer, July 2025
This confusion is mainly due to a lack of deep understanding of the distinct operational mechanisms between XRP and stablecoins like USDC. XRP serves the purpose of cross-border liquidity, which is not the same as a stablecoin used to maintain fixed value.
What are Ripple's advantages and strategies when launching the RLUSD stablecoin?
Ripple leverages experience and technology infrastructure to develop RLUSD – a proprietary stablecoin aimed at tapping into the rapidly growing Tokenized financial asset market.
Partnering with renowned organizations like Anondo Finance – a partner affiliated with JPMorgan, BlackRock, and Chase provides RLUSD with a solid launching pad for rapid growth.
Clearly distinguishing the functions of XRP and the RLUSD stablecoin is key for investors to make informed decisions and avoid common trading mistakes.
Zach Humphries, Cryptocurrency Analyst, July 2025
Technical analysis: Does XRP have a stable upward price trend or is it just a temporary surge?
XRP has surpassed the important resistance level at 2.32 USD, coinciding with the 200-day moving average, confirming a sustainable uptrend.
The XTLGO trading software issued a buy signal when the price reached around 2.40 USD. Since then, XRP has risen over 43%, hitting a peak of 3.65 USD, then slightly adjusting to 3.45 USD, which is a reasonable correction after a hot increase.
Technical indicators Price Level Meaning 200-day resistance 2.32 USD Confirms uptrend XTLGO buy signal 2.40 USD Begins strong upward momentum All-time high 3.65 USD Peaks, then adjusts
What benefits does confidence in XRP bring to investors?
Analyst Zach Humphries emphasizes that maintaining confidence in top 10 Tokens like XRP, despite facing market pressures for many years, still yields positive results.
After a consolidation phase around the 2 USD level, bullish momentum began to strengthen as institutional trading volume returned, especially at the beginning of the week.
Frequently Asked Questions (FAQ)
Is XRP a direct competitor of Circle?
No, XRP is a cross-border liquidity and payment Token, while Circle focuses on developing the USDC stablecoin and DeFi services.
What is Ripple doing with the RLUSD stablecoin?
Ripple develops RLUSD as a proprietary stablecoin to compete in the Tokenized financial asset space, collaborating with leading financial institutions.
What factors have contributed to XRP's recent price increase?
Ripple's bank license application in the United States and positive technical signals like breaking the 2.32 USD resistance level have helped XRP grow strongly.
Who is the expert who commented on the differences between XRP and Circle?
John Deaton, a well-respected cryptocurrency lawyer, has elaborated in detail on the distinct roles of XRP and Circle.
What technical signals should be monitored to invest in XRP?
Pay attention to the 200-day resistance level, buy signals from trading software like XTLGO, and institutional trading volume.
Source: https://tintucbitcoin.com/xrp-but-pha-nho-rlusd-ho-so-occ/
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