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XRP Price Eyes $4 as RLUSD Nears $1B Market Cap After 800% YoY Growth

source-logo  coingape.com 5 h

XRP has gained by around 9.6% year-to-date, as it trades at $2.27 today, July 7. During the same period, the RLUSD stablecoin has recorded a massive increase of more than 815% in its market capitalization. Following this growth, RLUSD has not only outperformed Tether’s USDT, but it is also on a trajectory to a $1 billion market cap. If this happens, would XRP reach $4 as suggested by a falling wedge pattern? Let’s explore.

coingape.com