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XRP Price Prediction: Securitize Chooses RLUSD as Redemption Channel, $4 Target Price is Just Around the Corner
The price of Ripple (XRP) surged over 3% in the past 24 hours, temporarily reaching $2.93 on September 25, attracting widespread attention in the market. The catalyst behind this rally is Securitize's announcement of choosing Ripple USD (RLUSD) as an alternative redemption option for BlackRock BUIDL fund shares, which could bring billions of dollars in liquidity to RLUSD while creating a new source of demand for XRP. Technical analysis shows that XRP has strongly rebounded from a key support level, with multiple indicators suggesting that the $4 target price may become a reality.
####Strategic Partnership between Securitize and RLUSD: A Milestone for Institutional-grade Recognition
Securitize is a leading company focused on the tokenization of real-world assets (RWA). In a press release issued on Tuesday, it announced the launch of a smart contract that allows investors to instantly convert their shares into RLUSD. This marks the first integration of RLUSD as a liquidity provider for the RWA platform, reflecting the growing credibility of this stablecoin in the institutional market.
Securitize CEO Carlos Doming stated in a statement: "We will jointly provide instant settlement and programmable liquidity for a new category of compliant on-chain investment products, bringing the full potential of blockchain into institutional finance." This collaboration not only strengthens the market position of RLUSD but also brings substantial institutional recognition to the XRP ecosystem.
####Regulatory Compliance: The Core Competitive Advantage of RLUSD
One key advantage of RLUSD compared to other stablecoins is its strict regulatory compliance. The press release specifically emphasizes: "RLUSD is issued in accordance with the trust company charter of the New York Department of Financial Services (NYDFS), highlighting its rigorous regulatory standards." In the context of an increasingly stringent regulatory environment, this feature makes RLUSD an ideal choice for institutional investors.
Securitize describes the native stable asset of the XRP ledger as a "enterprise-grade" product that meets regulatory standards, and this recognition has far-reaching implications for the long-term development of the Ripple ecosystem.
####BUIDL and VBILL: Injecting Billions into RLUSD Potential
BlackRock's BUIDL fund focuses on the tokenization of U.S. Treasuries, marking an important attempt by the asset management giant to integrate blockchain technology into its investment solutions. Together with the VanEck VBILL fund, these two products currently manage approximately $2.1 billion in assets.
If investors choose to redeem their fund shares, a significant portion of these assets may quickly flow into RLUSD, leading to a substantial increase in its market capitalization. At the same time, RLUSD, as the fund's preferred liquidity tool, will directly increase the demand for XRP as the settlement token on the XRP ledger.
####RLUSD Market Capitalization Growth Trajectory
(Source: CoinMarketCap)
The market capitalization of RLUSD has shown robust growth momentum since its launch last year, increasing from an initial $50 million to the current $740 million, making it the 12th largest stablecoin in the world. Market analysts predict that the collaboration with Securitize is expected to push RLUSD's market capitalization beyond the $1 billion mark, thereby entering the ranks of the 11th largest stablecoin globally.
This growth not only reflects the market's increased confidence in RLUSD but also creates more use cases and value capture opportunities for the XRP ecosystem.
####XRP Technical Analysis: Strong Rebound from Key Support Level
(Source: Trading View)
From a technical perspective, XRP has recently shown clear rebound signals. The 4-hour chart indicates that XRP has strongly rebounded from the key support level of 2.7 USD, and the Relative Strength Index (RSI) confirmed the buy signal after breaking through the 14-period moving average.
· Two Possible Price Paths
Currently, XRP faces two potential trend paths:
Bearish Path: If XRP breaks below the support level of 2.7 USD, it may lead to a deep retracement to the 2.2 USD level.
Bullish Path: The more likely scenario at the moment is that XRP will rise to 3.1 USD, and after breaking that level, it may further climb to 3.60 USD, with the ultimate target being 4 USD.
It is worth noting that after XRP hit a key support level, trading volume saw a significant surge, further confirming the validity of the rebound trend. From the current price perspective, reaching the target of 4 USD implies at least a 36% upside potential.
####macroeconomic environment support
The Federal Reserve's first interest rate cut this year has created favorable conditions for the risk asset market. This macroeconomic factor, combined with project-specific positive factors such as the partnership with Securitize, provides strong support for XRP's bullish outlook.
For investors interested in participating in XRP investment, the following suggestions are worth considering:
Build positions in batches: Considering market volatility, it is recommended to enter the market in batches rather than making a heavy investment all at once.
Follow key price levels: 2.7 USD is an important support level, 3.1 USD is the recent resistance level, and the performance of these levels will determine the short-term trend.
Set stop loss: Setting a stop loss at 2.65 USD can effectively control downside risk.
Follow the fundamental developments: Continuously monitor the adoption and market capitalization growth of RLUSD, as this will be an important indicator of XRP's long-term value.
####Conclusion: Institutional Adoption Resonates with Technological Breakthrough
The decision by Securitize to choose RLUSD as a redemption channel has not only brought significant institutional recognition to the Ripple ecosystem but also created a new source of demand for XRP. From a technical perspective, XRP has strongly rebounded from a key support level, with multiple indicators suggesting that an upward trend may be forming.
With the continued growth of RLUSD's market capitalization and the expansion of institutional adoption, XRP is expected to challenge the target price of 4 USD in the coming months. Investors should closely monitor the performance of key price levels and the progress of RLUSD's adoption to seize this potential investment opportunity.