XRP reached $2.35 with a 5% increase.

XRP's Strong Rise

XRP has increased by 4.9%, reaching $2.35. This rise occurred as institutional investors exhibited a significant increase in trading volume, breaking through an important resistance level.

RLUSD Pilot Project

Ripple, Mastercard, and other companies have launched a settlement pilot project using RLUSD on the XRP Ledger. Investors seem to interpret this pilot project as a sign that Ripple's infrastructure holds validity beyond just cross-border money transfers.