The article discusses how Ripple's cryptocurrency, XRP, has been defying market trends by experiencing a surge in price while other cryptocurrencies have faced losses. One of the main factors driving this price rally is the minting of RLUSD tokens, the upcoming Ripple stablecoin. Speculation suggests that the launch of the stablecoin could further impact the XRP price, potentially reaching as high as $2.30. XRP has become the sixth-largest cryptocurrency by market capitalization, overtaking USDC. However, regulatory risks pose a threat to the XRP price rally, as the US Securities and Exchange Commission (SEC) may appeal the Ripple case ruling. Despite potential volatility, experts believe the XRP price rally could continue if regulatory challenges are not severe, especially if it remains above the major support level of $0.60.



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