Ripple's XRP cryptocurrency is maintaining its crucial $2 support level, even after experiencing an 8.2% decrease against the U.S. dollar this week. The weekend was notable for significant onchain transactions involving XRP, raising attention within the crypto community.
Meanwhile, Ripple's stablecoin RLUSD has experienced a boost, reaching a market valuation of $53 million. The rise in RLUSD's market cap comes amid growing interest in the crypto market.
In recent weeks, XRP has made noteworthy progress, with whale alerts indicating substantial activity related to speculation and market movements. These developments highlight Ripple's influence in the crypto sphere.
