Ripple has partnered with Revolut and Zero Hash to expand
access to its RLUSD stablecoin. The move aims to strengthen RLUSD’s position in
the market and challenge the dominance of USDT and USDC.
Meanwhile, XRPUSD appears to have found intraday support
after a bearish move on the H1 chart. The price saw a strong bounce at a key
level that had previously acted as a reaction point multiple times.
Revolut and Zero Hash customers can now access RLUSD on both
the XRPL and Ethereum networks. The partnership seeks to enhance cross-border
transactions by improving security and efficiency.
🚨 New partner alert: Ripple USD – a trusted, transparent, and regulated stablecoin built for payments – is now available for trading on @ZeroHashX and @RevolutApp!
Get $RLUSD: https://t.co/jrEiNBWKgN pic.twitter.com/36q5OU5xfa
— Ripple (@Ripple) February 5, 2025
The announcement comes as the Trump administration
emphasizes the role of US dollar-backed stablecoins in the economy. Ripple has
stated that it will continue to focus on compliance while adapting to market
demands.
XRPUSD Faces Resistance, Key Support Level
The XRPUSD H1 chart shows that the price encountered
resistance at 2.52600, leading to a strong bearish move. However, it bounced at
2.32750, where a Hammer pattern formed. Buyers may look to go long if the level
produces a bullish reversal pattern.
Conversely, if the price breaks below 2.32750, sellers might
consider going short after breakout confirmation followed by a bearish reversal
pattern.
XRPUSD, H1 Chart, Source: TradingView
Meanwhile, DeepSeek AI analyzed Ripple’s legal situation,
adoption of its On-Demand Liquidity (ODL) platform, and market trends to
develop its predictions.
The model suggests that XRP
could trade between $3.50 and $5.00 by the end of 2025. A favorable outcome
in Ripple’s legal case is expected to increase investor confidence and drive
institutional adoption, with a 70% probability of a positive result.
Increased use of Ripple’s ODL platform by financial
institutions could raise XRP demand, contributing to its value. Broader market
sentiment, influenced by Bitcoin’s performance and global economic conditions,
will also affect XRP’s price trajectory.
Recent Key Developments Involving Ripple
Ripple
has partnered with Portuguese currency exchange provider Unicâmbio to offer
instant international payments between Portugal and Brazil. The service uses
Ripple’s payments platform, which incorporates digital assets to facilitate
cross-border settlements.
$XRP is now approved for cross border payments in Brazil and Portugal! 💳💥 pic.twitter.com/C1c1szKpFS
— John Squire (@TheCryptoSquire) February 10, 2025
Ripple whales, or large investors, have attracted attention
due to their continued buying activity. Recent data reveals that these investors
acquired 520 million XRP tokens during a recent price dip.
The
SEC’s reassignment of key staff members, including Jorge Tenreiro, has
raised questions about the agency’s approach to cryptocurrency cases like
Ripple. Tenreiro, who previously oversaw the SEC’s litigation in cases such as
Ripple and Coinbase, has been moved to the IT department. This shift has
sparked speculation on how it may impact future decisions regarding Ripple’s
ongoing legal battles.
Ripple
has also recently donated $100,000 in XRP to support communities affected
by the California wildfires. The donation was made through The Giving Block
platform, benefiting organizations such as World Central Kitchen and
GiveDirectly.
Ripple is donating $100,000 in XRP through @TheGivingBlock to @WCKitchen and @GiveDirectly to aid in wildfire relief efforts in California.
Thanks to @rookisaacman, our donation will be doubled.
You can help families and first responders too. Your crypto, cash and stock…
— Ripple (@Ripple) January 14, 2025
In the decentralized finance (DeFi) space, Ripple
has partnered with Chainlink to integrate its RLUSD stablecoin with DeFi
applications on the Ethereum blockchain. This collaboration aims to enable
trading and lending features, expanding the use case of RLUSD in the growing
DeFi market.
Discussions around XRP’s
potential inclusion in a US crypto reserve continue, with some raising
concerns over centralization. Ripple’s David Schwartz defended the
decentralization of the XRP Ledger, highlighting its resilience to manipulation
and reinforcing the network’s independence from centralized control.
XRP Drama: Ripple CTO Fires Back at Centralization Claims
The decentralization of XRP is under the microscope again, with Ripple’s CTO David Schwartz dismantling claims from Bitcoin maxi Pierre Rochard.
Rochard accused Ripple of having the power to tweak XRPL code, unlock… pic.twitter.com/NdQKtRHGQB
— Mario Nawfal’s Roundtable (@RoundtableSpace) January 26, 2025
Ripple is also making strides in Japan, with expectations
that banks
will adopt the XRP Ledger by 2025. According to SBI CEO Yoshitaka Kitao,
this initiative is aimed at improving cross-border payments and currency
conversions for remittances, helping to enhance the efficiency of Japan’s
financial infrastructure.
Lastly, the XRP
Ledger (XRPL) briefly experienced a disruption due to an issue with its
consensus mechanism, which caused validations to fail and led to ledgers
“drifting apart.” Ripple’s CTO, David Schwartz, noted that the issue
was resolved after at least one validator operator reset the consensus to a validated
ledger state, restoring normal operations on the network.
Ripple has partnered with Revolut and Zero Hash to expand
access to its RLUSD stablecoin. The move aims to strengthen RLUSD’s position in
the market and challenge the dominance of USDT and USDC.
Meanwhile, XRPUSD appears to have found intraday support
after a bearish move on the H1 chart. The price saw a strong bounce at a key
level that had previously acted as a reaction point multiple times.
Revolut and Zero Hash customers can now access RLUSD on both
the XRPL and Ethereum networks. The partnership seeks to enhance cross-border
transactions by improving security and efficiency.
🚨 New partner alert: Ripple USD – a trusted, transparent, and regulated stablecoin built for payments – is now available for trading on @ZeroHashX and @RevolutApp!
Get $RLUSD: https://t.co/jrEiNBWKgN pic.twitter.com/36q5OU5xfa
— Ripple (@Ripple) February 5, 2025
The announcement comes as the Trump administration
emphasizes the role of US dollar-backed stablecoins in the economy. Ripple has
stated that it will continue to focus on compliance while adapting to market
demands.
XRPUSD Faces Resistance, Key Support Level
The XRPUSD H1 chart shows that the price encountered
resistance at 2.52600, leading to a strong bearish move. However, it bounced at
2.32750, where a Hammer pattern formed. Buyers may look to go long if the level
produces a bullish reversal pattern.
Conversely, if the price breaks below 2.32750, sellers might
consider going short after breakout confirmation followed by a bearish reversal
pattern.
XRPUSD, H1 Chart, Source: TradingView
Meanwhile, DeepSeek AI analyzed Ripple’s legal situation,
adoption of its On-Demand Liquidity (ODL) platform, and market trends to
develop its predictions.
The model suggests that XRP
could trade between $3.50 and $5.00 by the end of 2025. A favorable outcome
in Ripple’s legal case is expected to increase investor confidence and drive
institutional adoption, with a 70% probability of a positive result.
Increased use of Ripple’s ODL platform by financial
institutions could raise XRP demand, contributing to its value. Broader market
sentiment, influenced by Bitcoin’s performance and global economic conditions,
will also affect XRP’s price trajectory.
Recent Key Developments Involving Ripple
Ripple
has partnered with Portuguese currency exchange provider Unicâmbio to offer
instant international payments between Portugal and Brazil. The service uses
Ripple’s payments platform, which incorporates digital assets to facilitate
cross-border settlements.
$XRP is now approved for cross border payments in Brazil and Portugal! 💳💥 pic.twitter.com/C1c1szKpFS
— John Squire (@TheCryptoSquire) February 10, 2025
Ripple whales, or large investors, have attracted attention
due to their continued buying activity. Recent data reveals that these investors
acquired 520 million XRP tokens during a recent price dip.
The
SEC’s reassignment of key staff members, including Jorge Tenreiro, has
raised questions about the agency’s approach to cryptocurrency cases like
Ripple. Tenreiro, who previously oversaw the SEC’s litigation in cases such as
Ripple and Coinbase, has been moved to the IT department. This shift has
sparked speculation on how it may impact future decisions regarding Ripple’s
ongoing legal battles.
Ripple
has also recently donated $100,000 in XRP to support communities affected
by the California wildfires. The donation was made through The Giving Block
platform, benefiting organizations such as World Central Kitchen and
GiveDirectly.
Ripple is donating $100,000 in XRP through @TheGivingBlock to @WCKitchen and @GiveDirectly to aid in wildfire relief efforts in California.
Thanks to @rookisaacman, our donation will be doubled.
You can help families and first responders too. Your crypto, cash and stock…
— Ripple (@Ripple) January 14, 2025
In the decentralized finance (DeFi) space, Ripple
has partnered with Chainlink to integrate its RLUSD stablecoin with DeFi
applications on the Ethereum blockchain. This collaboration aims to enable
trading and lending features, expanding the use case of RLUSD in the growing
DeFi market.
Discussions around XRP’s
potential inclusion in a US crypto reserve continue, with some raising
concerns over centralization. Ripple’s David Schwartz defended the
decentralization of the XRP Ledger, highlighting its resilience to manipulation
and reinforcing the network’s independence from centralized control.
XRP Drama: Ripple CTO Fires Back at Centralization Claims
The decentralization of XRP is under the microscope again, with Ripple’s CTO David Schwartz dismantling claims from Bitcoin maxi Pierre Rochard.
Rochard accused Ripple of having the power to tweak XRPL code, unlock… pic.twitter.com/NdQKtRHGQB
— Mario Nawfal’s Roundtable (@RoundtableSpace) January 26, 2025
Ripple is also making strides in Japan, with expectations
that banks
will adopt the XRP Ledger by 2025. According to SBI CEO Yoshitaka Kitao,
this initiative is aimed at improving cross-border payments and currency
conversions for remittances, helping to enhance the efficiency of Japan’s
financial infrastructure.
Lastly, the XRP
Ledger (XRPL) briefly experienced a disruption due to an issue with its
consensus mechanism, which caused validations to fail and led to ledgers
“drifting apart.” Ripple’s CTO, David Schwartz, noted that the issue
was resolved after at least one validator operator reset the consensus to a validated
ledger state, restoring normal operations on the network.
