Gate News report, on March 30, 2026, the price of XRP rebounded after a market correction, rising over 3% within the day, returning to the range of $1.33 to $1.35. This recovery is closely related to Ripple CEO Brad Garlinghouse’s recent positive remarks about the outlook of the cryptocurrency industry.
Brad Garlinghouse pointed out that traditional financial institutions are undergoing a significant shift in their attitude towards digital assets, moving from early skepticism to interest and engagement. He emphasized that crypto assets are gradually integrating into the global financial system, becoming important infrastructure for payments, settlements, and asset tokenization. Ripple is promoting this transformation through XRP and the RLUSD stablecoin, strengthening collaboration with financial institutions.
Data shows that the market capitalization of RLUSD has surpassed $1.5 billion, reflecting the growing demand for compliant stablecoins. On the regulatory front, discussions in the U.S. surrounding the delineation of responsibilities between the SEC and CFTC are ongoing, and progress on the “CLARITY Act” is also seen as a potential favorable development, likely to provide a clearer compliance pathway for the industry.
From a market structure perspective, XRP has gained short-term momentum. The 24-hour trading volume increased by approximately 44%, indicating heightened trading activity. In terms of derivatives data, the open interest has slightly risen to around $2.59 billion, reflecting a repositioning of funds.
Technically, analysts believe that XRP needs to reclaim the key moving average at $1.40 to further open up upward space, with a target possibly pointing towards the $1.50 region. If the regulatory environment continues to improve and institutional demand rebounds, the price trend may receive more support.
At the current stage, XRP is showing relative resilience against declines, and whether it can sustain the rebound amidst increased volatility in Bitcoin and Ethereum still depends on the flow of funds and policy developments.
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