Grayscale advisors report strong client interest in XRP, sometimes second only to Bitcoin. Ripple’s RLUSD stablecoin has reached a $1.5 billion market cap, outpacing USDC’s initial growth. Institutional interest and stablecoin performance could signal growing liquidity for XRP and related markets.
What to Know:
- Grayscale advisors report strong client interest in XRP, sometimes second only to Bitcoin.
- Ripple’s RLUSD stablecoin has reached a $1.5 billion market cap, outpacing USDC’s initial growth.
- Institutional interest and stablecoin performance could signal growing liquidity for XRP and related markets.
XRP has seen fluctuating market performance recently, but underlying interest in Ripple and its ecosystem remains robust. From institutional investment discussions to the growth of Ripple’s stablecoin, several factors are shaping the outlook for XRP. This report examines recent developments surrounding Ripple’s XRP, its stablecoin RLUSD, and their potential impact on the broader crypto market.
Institutional Interest in XRP
At Ripple’s recent XRP Community Day, Grayscale’s Head of Product & Research, Rayhaneh Sharif-Askary, revealed that advisors at the digital asset manager are consistently fielding questions from clients about XRP. In some instances, XRP is the second-most discussed asset after Bitcoin, highlighting significant investor interest. Grayscale was among the firms that launched a spot XRP exchange-traded fund (ETF) in late 2025, following Canary Capital’s lead. The Grayscale XRP ETF (GXRP) initially saw strong inflows, with daily net inflows exceeding $30 million on multiple occasions. However, recent weeks have seen a shift, with more frequent negative netflows.

RLUSD Stablecoin Growth
Ripple’s stablecoin, RLUSD, launched in December 2024 and has since reached a market capitalization exceeding $1.5 billion. The stablecoin, pegged 1:1 to the U.S. dollar, has gained support from various exchanges and banking institutions, including BNY Mellon. Earlier this year, the LMAX Group integrated RLUSD into its institutional trading infrastructure, and Zand, a bank in the UAE, also adopted the token. According to data shared by X user SMQKE, RLUSD’s growth has outpaced that of Circle’s USDC in its first year, marking a notable achievement for Ripple.
XRP Price Analysis
XRP’s price has experienced volatility, trading between $1.35 and $1.66 recently. It is currently trading around $1.45, reflecting a modest daily decline. A recent surge to a local high was short-lived, leading some analysts to point out bearish signals. Analyst Ali Martinez noted a gravestone doji pattern on the 2-week candle closure, a formation that historically preceded a significant price drop for XRP. The gravestone doji is a candlestick pattern where the price spikes during the period but closes near the opening price, resembling an upside-down “T.”

Potential Market Recovery
Despite the bearish signals, some analysts remain optimistic. X user BitGuru believes XRP is emerging from a prolonged downtrend and attempting to reclaim key support around $1.50. If XRP successfully reclaims this level, a potential recovery to the $1.80-$2 range is possible. This perspective suggests that while caution is warranted, there is potential for XRP to rebound if it can maintain crucial support levels.
Conclusion
While XRP’s price action has been turbulent, the continued institutional interest, evidenced by Grayscale client inquiries, and the rapid growth of Ripple’s RLUSD stablecoin indicate underlying strength in the Ripple ecosystem. Whether XRP can overcome bearish technical patterns remains to be seen, but these fundamental factors suggest that XRP and its associated liquidity pools remain significant within the cryptocurrency market structure.
Related: XRP Price: Tom Lee’s $1 Quadrillion Crypto Prediction
Source: Original article
Quick Summary
Grayscale advisors report strong client interest in XRP, sometimes second only to Bitcoin. Ripple’s RLUSD stablecoin has reached a $1.5 billion market cap, outpacing USDC’s initial growth. Institutional interest and stablecoin performance could signal growing liquidity for XRP and related markets.
Source
Information sourced from official Ripple publications, institutional research, regulatory documentation and reputable crypto news outlets.
Author
Ripple Van Winkle is a cryptocurrency analyst and founder of XRP Right Now. He has been active in the crypto space for over 8 years and has generated more than 25 million views across YouTube covering XRP daily.
Editorial Note
Opinions are the author's alone and for informational purposes only. This publication does not provide investment advice.


