Brad Garlinghouse, CEO of Ripple, recently denied any acquisition of Circle but noted expansions in their stablecoin strategy through RLUSD, which is set to serve as on-ledger collateral on the XRP Ledger. Furthermore, Ripple’s acquisition of Hidden Road signals intentions to bridge traditional finance and DeFi, while in the UAE, the focus on tokenized real estate illustrates practical applications for blockchain technology.
From a technical standpoint, XRP's price trajectory revealed an uptrend, with notable support clustered around $2.190 to $2.195. The asset faced resistance at $2.284, with trading volumes reaching 39.6 million during peak times. A breakout occurred at 15:00, with XRP experiencing a 2.5% surge backed by strong trading volume of roughly 84.7 million units. The final 15 minutes of trading reflected robust bullish sentiment, with increasing volumes and higher lows signaling potential for continued upward movement.