RLUSD Supply Surge Puts XRP Market Timing in Focus
RLUSD supply has surged by over 30% in recent times while USDT's supply declined by 0.4%. This trend is particularly noticeable when comparing RLUSD flows to other top 11 stablecoins, with RLUSD leading the way.
The data from DeFiLlama indicates that RLUSD represents over 90% of all stablecoins on the XRP Ledger and has seen a 8% increase in value over the last 7 days. In contrast, USDT accounts for only 0.7% of stablecoins on the Ethereum blockchain.
The divergence between RLUSD and other stablecoins is beginning to manifest itself in price action as well, with the XRP/ETH ratio experiencing its best weekly performance since Q1 2025, closing up over 17% last week.
RLUSD's liquidity surge has put XRP's market timing in focus, particularly given its technical setup. On the weekly chart, XRP exploded higher by over 53%, piercing the $1.50 resistance zone and posting the strongest weekly rally among high-cap assets.