The Ripple USD (RLUSD) stablecoin has witnessed a surge of over 100% in its 24-hour trading volume. This development has occurred thanks to recent developments in the Ripple ecosystem, which will ultimately boost the stablecoin’s adoption.
Ripple USD Stablecoin Volume Surges Over 100%, Here’s Why
CoinMarketCap data shows that the Ripple USD stablecoin volume has surged by 120% in the last 24 hours, indicating increased activity around the stablecoin. This development is a positive for the stablecoin, which launched in December last year but has already achieved a market cap of almost $300 million.
The recent surge in the RLUSD stablecoin’s volume is thanks to developments such as Ripple’s 1.25 billion acquisition of the prime broker Hidden Road.
Following the announcement of the acquisition, the crypto firm mentioned that the move would reinforce the stablecoin’s position as an “enterprise-grade USD-backed stablecoin with real utility” as the prime broker leveraged it as collateral across its prime brokerage products.
As such, the stablecoin is already enjoying wider adoption, although the Hidden Road deal is still subject to regulatory approval. Another reason the Ripple USD stablecoin’s volume has surged is due to the crypto firm’s integration of the stablecoin into its payment service.
As CoinGape reported, Ripple integrated its stablecoin with its cross-border payment service, setting up the stablecoin for more enterprise adoption. With Ripple’s payment service booming, especially with the SEC lawsuit, the stablecoin will continue to enjoy wider adoption,, and its trading volume will likely continue to surge in the foreseeable future.
The RLUSD stablecoin’s volume has also surged thanks to Kraken’s recent listing of the stablecoin. Earlier this month, the top crypto exchange announced that the stablecoin is now available for trading, with deposits and withdrawals enabled. Kraken’s listing further provides more utility for the stablecoin as traders move to trade several crypto assets in their RLUSD pair.
Meanwhile, it is worth mentioning that the stablecoin’s surge undoubtedly provides a bullish outlook for XRP, as this surge indicates that more capital is flowing to the XRP Ledger (XRPL), which is also home to the altcoin.
The stablecoin market continues to evolve with significant inflows recorded over the past days. Recent data suggests a gradual increase in these cryptocurrencies’ influx, signaling ongoing growth in the crypto ecosystem. This development underscores cryptocurrencies’ potential to become a more uncorrelated asset class, particularly as global economic debates around tariffs and trade wars persist.
In a surprising turnaround, the stablecoin market has seen a significant inflow despite a slowdown in growth. According to a recent report by Matrixport, this growing positive sentiment indicates market growth.
However, Matrixport asserted that the trend is not sufficient to trigger a significant altcoin rally. Instead, massive inflows are illuminating the crypto industry’s steady growth, making it clear that the sector is far from stagnant. Matrixport cited, “While this may not be enough to trigger a parabolic altcoin rally, it clearly shows the industry is far from stagnant.”
Crypto vs Traditional Markets
According to Matrixport, these stablecoins defy the uncertainty surrounding the broader financial sector. Recently, the traditional market, including stocks and bonds, saw its largest fall since 2020. This debacle, which followed US President Donald Trump’s tariff announcement, largely left cryptocurrencies unaffected.
Notably, Bitcoin remained resilient to the stock market collapse despite BTC’s strong correlation with the latter. And now, these crypto buck the negative trend, securing significant inflows. This trend suggests that crypto is potentially becoming a more uncorrelated asset class; cryptocurrencies are becoming less influenced by traditional markets. Matrixport’s statement read:
“Notably, stablecoin inflows are increasing despite uncertainty in equity and bond markets, suggesting crypto could be evolving into a more uncorrelated asset class.”
US Stablecoin Regulation: A Closer Look
The significant inflow coincides with the favorable regulatory environment in the United States. Recently, the Trump government passed the STABLE Act to establish regulatory guidelines for all USD-pegged coins, including Tether (USDT) and Circle (USDC).
As we enter Q2 of 2025, the global crypto market finds itself steering a complex intersection of macroeconomic and geopolitical pressures.
BeInCrypto spoke with analysts Leena ElDeeb of 21Shares and Max Shannon of CoinShares, who offer distinct but insightful perspectives on the crypto space’s outlook for the new quarter.
Bitcoin’s Future: Bullish or Bearish?
The two analysts share a bullish outlook on Bitcoin, albeit with differing views on its short-term fluctuations. Leena ElDeeb sees the potential for Bitcoin to surpass $90,000, driven by macroeconomic factors such as a possible rate cut by the US Federal Reserve.
“February’s softer-than-expected CPI print boosted rate cut expectations. If rate cuts materialize, a wave of liquidity could reignite bullish momentum, pushing equities and Bitcoin past key resistance levels,” she told BeInCrypto.
In her view, Bitcoin could eventually hit a range between $150,000 and $200,000 by the year’s end, bolstered by growing regulatory clarity and political support, such as President Trump’s proposal for a strategic crypto reserve.
Max Shannon, on the other hand, remains more cautious about Bitcoin’s immediate future. He predicts that Bitcoin will continue to trade within a wide range of $70,000 to $90,000 in Q2, constrained by persistent tariff issues.
“The moment they [tariffs] get lifted will likely be a massive boon for the equities and crypto market,” he notes, indicating that a resolution could pave the way for Bitcoin’s next big move.
Both analysts acknowledge Ethereum’s struggles, particularly its nearly 40% drop in Q1. However, they also highlight key developments that could support a recovery in the next quarter.
ElDeeb points to Ethereum’s upcoming upgrade, the Pectra upgrade, which is expected to improve staking and network scalability.
“Ethereum’s staking is also about to be improved with the launch of Pectra. These changes are expected to boost the appeal of staking-enabled products,” she explained.
Additionally, she sees growing competition from other blockchain platforms like Solana and Sui, which are attracting retail users with faster and cheaper transactions. Despite this, ElDeeb remains optimistic about Ethereum’s long-term potential, particularly as scalability solutions begin to take effect.
Shannon is more skeptical of Ethereum’s future, specifically with its ongoing challenges in both the monetary and smart contract spaces.
“Ethereum is attempting to function both as a monetary asset, where it struggles to compete with Bitcoin, and as a smart contract platform, where it faces strong competition from Solana,” the CoinShares analyst stated.
Shannon also highlights Ethereum’s changing monetary policy and the increasing technical debt as concerns that could limit its growth in the short term.
The rise and fall of celebrity meme coins like TRUMP, MELANIA, and LIBRA were hot topics in Q1 2025. Both analysts agree that the hype around this category of tokens is unlikely to be sustained in the long run.
“The forthcoming cryptocurrency market rally is anticipated to be driven by significant advancements in decentralized finance (DeFi), particularly through innovative mechanisms that enhance token holder engagement,” she notes, citing Aave’s recent proposal to share revenue with AAVE token holders as a prime example of this trend.
On the flip side, Shannon suggests that the decline in meme coins and altcoins could be a sign of broader challenges in the altcoin market.
“The Melei controversy, pump.fun decline, and declining centralized and decentralized exchange volumes show altcoins could have a very hard time this year in my opinion,” he cautions.
As trading volumes continue to drop, Shannon forecasts that altcoins may continue to underperform.
“Even in a BTC bull run altcoins could underperform,” the analyst added.
The Road Ahead
Looking ahead to Q2 2025, both ElDeeb and Shannon anticipate continued market volatility. External macroeconomic conditions like US tariffs, interest rate decisions, and geopolitical factors will largely shape the market.
While ElDeeb maintains a generally optimistic view, predicting a recovery for both Bitcoin and Ethereum, Shannon advises caution, particularly with altcoins.
For investors, diversification remains key. ElDeeb emphasizes the value of Bitcoin’s fixed supply and decentralization, which have historically helped it recover from turbulent periods.
“We consider these market corrections as great market entry points,” she says.
Shannon, meanwhile, stressed the importance of caution in navigating the altcoin space. He added that Bitcoin could be the best bet for those seeking stability.
