XRP News: Ripple Doubles RLUSD Supply Amid Crypto Expansion, Investors Eager for XRP Price Prediction

Ripple has made significant moves in the cryptocurrency space by doubling the supply of its RLUSD stablecoin. This expansion comes amid broader growth in the crypto market, and investors are closely watching the developments, particularly in relation to the price of XRP.

Ripple Mints 28.2M RLUSD, Doubling Supply Amid Crypto Expansion

Ripple minted an additional 28.2 million RLUSD tokens in the past 24 hours, including $25 million worth of RLUSD on Ethereum. This marks its largest single mint since December 2024 and has doubled the stablecoin’s supply in less than two months. Data from CoinGecko indicates that the RLUSD’s market capitalization now stands at $169.5 million.

XRP Price Prediction and Introduction to Dawgz AI

Many investors are eager to know where XRP is headed, with hopes of it reaching the $10 mark. However, another promising crypto gaining traction is Dawgz AI, which is currently in presale. While there’s speculation around XRP’s growth, it’s crucial to consider driving factors. New investors are hopping aboard Dawgz AI every single day.

XRP SEC News: Latest Court Ruling Shakes Crypto Market

The cryptocurrency community closely monitors the latest developments in the XRP lawsuit as a recent court ruling has dramatically shifted the landscape for Ripple and its native token. According to Traders Union analysis, the judge’s decision to partially deny the SEC’s motion for summary judgment has sparked renewed Optimism among XRP investors. This ruling represents a potential turning point in the long-standing legal battle that has plagued Ripple since December 2020. Market analysts note that this XRP sec news has created a Ripple effect across the entire crypto ecosystem. The regulatory clarity for one primary cryptocurrency could establish precedents for the industry.

Ripple Files "Ripple Custody" Trademark

Ripple Labs has made a trademark filing for "Ripple Custody," indicating plans to offer digital asset storage solutions for both individual and institutional clients. This strategic move expands beyond Ripple’s traditional focus on cross-border payments, aiming to capture a share of the rapidly growing crypto custody market. The trademark application, submitted to the USPTO, outlines cases for the new brand, including downloadable software for crypto custody. A Ripple-branded wallet could serve both retail and institutional users, offering a secure and streamlined platform for managing XRP and other cryptocurrencies, potentially competing with Ledger. The trademark applies to financial services.