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CNBC’s Jim Cramer has endorsed Bitcoin as a hedge against rising U.S. debt. Prediction markets see national debt surging past $38 trillion. Charts show Bitcoin responding to deficit headlines, legislation like Trump’s “Big Beautiful Bill,” and a weakening dollar. Elon Musk has echoed the sentiment, calling the U.S. dollar “hopeless.” Deaton criticizes Cramer’s reversal from
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Ripple’s stablecoin, RLUSD, has achieved a major target by crossing the $300 million market capitalization mark. The stablecoin, which is backed 1:1 with the U.S. dollar, has now reached a market cap of $317.05 million.
Ripple’s stablecoin RLUSD has continued to grow, reaching an important target with its market cap now over $317 million. The stablecoin remains firmly pegged at $1.00, supported by market dynamics and demand.
According to CoinMarketCap data, RLUSD is ranked 12th among stablecoins with a market cap of $317.13M. Despite being a new entrant, Ripple stablecoin has shown strong momentum. The volume-to-market cap ratio for RLUSD stands at 12.08%, indicating healthy trading activity compared to other stablecoins.
As RLUSD strengthens its position among stablecoins, Ripple is working to widen its use across more platforms.
Ripple stablecoin RLUSD does not have a maximum supply limit. This flexibility allows Ripple to adjust RLUSD issuance based on market demand while maintaining its 1:1 peg to the U.S. dollar.
Recently, Aave formally integrated RLUSD to its V3 Ethereum Core market. This makes it possible for users to lend and borrow RLUSD with the lending limit set at $50 million and the borrowing limit set at $5 million. Data from IntoTheBlock indicated that the value of RLUSD had reached a record high shortly after the start of this partnership.
As this adoption grows, developers are integrating the stablecoin into a larger plan to bring DeFi applications to the XRP Ledger.
Currently, DeFi platforms are utilizing Ripple’s stablecoin RLUSD, which will create more utility for XRP. Moreover, recently to boost the demand, Ripple burnt 12 million RLUSD tokens last week according to a Coingape report.
Ripple’s strategy focuses on establishing RLUSD as a key asset in the growing stablecoin sector. CEO Brad Garlinghouse predicted in March that Ripple Stablecoin could become a top-five stablecoin by the end of 2025.
He explained, “We are building RLUSD to meet global demand in a fast-evolving market.” The global stablecoin market is projected to reach $2.8 trillion by 2030, giving Ripple stablecoin room for growth toward its target.
Ripple stablecoin could also benefit from the growing tokenization economy, which experts estimate could expand to $16 trillion over the next decade.
Following the achievement of its initial $300 million target, RLUSD is expected to push toward new adoption and liquidity milestones.
The progress of RLUSD comes amid revived appreciation for XRP in the market as well. In April 2025, XRP price rose by 10%, thus reversing a trend of declines in the same month for the last three years as per Cryptorank.
The current market cap for Ripple is $133 billion, which is near the market cap of USDT of $148 billion. If this trend persists, there is a potential for XRP to achieve another target in the market by surpassing the USDT.
Meanwhile, in other XRP news the US Securities and Exchange Commission (SEC) has delayed its decision on Franklin Templeton’s proposal for a spot XRP ETF. ProShares has also confirmed it will not launch an XRP ETF on April 30.
The post Ripple Stablecoin RLUSD Surpasses $300M Benchmark appeared first on CoinGape.
Airdrop activity continues to heat up, with three newly launched tokens—SXT, RIZE, and DOOD—drawing investor attention in the fourth week of May. Space and Time launched its SXT token with an airdrop as a part of the new Chainlink rewards program.
Meanwhile, RIZE powers the Rizenet ecosystem, which is focused on tokenization and decentralized AI. DOOD, the native token of the Doodles NFT collection, joins the wave of NFT projects following the footsteps of APE and PENGU.
The latest Space and Time (SXT) airdrop launched on May 8, 2025, as part of its official token generation event (TGE). The airdrop is integrated with Binance Launchpool and Chainlink’s new Rewards program.
The project is distributing 200 million SXT tokens into two batches, representing 4% of the total supply. Eligible users include participants in the Chainlink ecosystem, including LINK stakers, users who engaged in Space and Time’s testnet, and held Community NFTs.
Also, the SXT airdrop claim will be live until June 22.
SXT has been down since its airdrop, and if the correction continues, it could soon start trading below $0.10.
It needs a strong buying pressure to return to levels around $0.126, and if that one is broken, it could rise back to test the resistance around $0.163.
RIZE is the native utility token of Rizenet, a decentralized platform for tokenizing real-world assets (RWAs), decentralized AI (DeAI), and DeFi.
The $RIZE token has multiple uses. It pays for tokenization services, grants access to tokenized assets, enables governance through token locking, and rewards contributions to decentralized AI models. RIZE is currently live on Kraken and Aerodrome.
From a technical standpoint, the RIZE token is at a critical point. If it manages to break through the resistance level at $0.064, bullish momentum could drive the price back toward the $0.10 region.
However, failure to maintain its current support at $0.0485 may trigger a downside move, with potential losses extending below the $0.040 mark.
Doodles is a well-known NFT collection that originally gained popularity for its colorful, hand-drawn characters and strong community engagement.
It recently launched its own token, DOOD, marking its entry into the growing trend of NFT-native tokens—a path first carved out by Bored Ape Yacht Club with APE and later followed by Pudgy Penguins with the PENGU token in 2024.
Despite the initial excitement surrounding the DOOD airdrop, the token has struggled to maintain upward momentum, falling 35% over the last five days.
The price now faces a key resistance at $0.0052—breaking above this level would be necessary to signal a potential recovery and open the door for a move toward $0.00735.
However, continued bearish pressure could push DOOD below the $0.0040 support, marking new lows and further eroding market confidence.
The post 3 Latest Airdrop Tokens to Watch for the Fourth Week of May appeared first on BeInCrypto.
Bitcoin (BTC) ending its 8-day consolidation as it shot up just 2.76% in early Asian session on Monday. This sudden uptrend caused liquidation of nearly $100M in shorts in the crypto market. Despite a 2.76% rally in Bitcoin price, $82M in BTC positions were wiped. Ethereum rose just 4.15% leading to force-closing of $40M positions. XRP price climbed 2.63%, causing only $3M in liquidations.
Ethereum price is known for its lack of performance, but today, it shot up 4.15%, attempting to end its 10-day rangebound streak. Currently price is oscillating between the current month’s VWAP and previous month’s VWAP, leading to a lack of volatility.
A breakout, in either direction, will be a volatility event. With nearly $6B in positions in jeopardy, which way will ETH’s value go? It is still unsure if Ethereum price prediction leans bullish or bearish due to the uncertain macroeconomic and geopolitical conditions.
After a sideways movement for eight days, Bitcoin price ended its streak by rallying 4.53% from Sunday’s low of $83,900 to a current daily high of $87,702. If the bullish momentum fails to follow through during today’s New York Open, it could lead to a revisit of the 8-day consolidation range’s support at $84K or the $80K psychological level.
XRP price is grappling with the weekly moving average and is attempting to overcome it. A successful flip will allow the bulls to propel Ripple (XRP) to $2.40, the next key hurdle. Beyond this, the token will revisit the yearly VWAP at $2.51, which is where the uptrend might pause and momentum might fade.
Trump’s tariffs have caused a major impact on the markets and economic policies acorss the globe. With a 90-day pause, other countries are retaliation against President Trump’s bold move.
Fed Chairman Jeorome Powell’s statements about not backing down has also caused stress on the stock and crypto markets alike. With so many uncertainties, it is highly unlikely that risk-on assets appreciate from here.
If investors start to look at Bitcoin as a hedge against inflation, then it could climb higher just like Gold has in the past few weeks.
The post XRP, Bitcoin, Ethereum Price Prediction: $100M Shorts Wiped as Crypto Market Bounces 2.89% appeared first on CoinGape.