With the stakes high, will Ripple thrive with its RLUSD launch after a long stagnation period, or will XRP whales seek out newer coins like JetBolt? Read on to discover the answer.
As Ripple prepares to unveil its new RLUSD stablecoin amidst its legal battle with the SEC, XRP whales wonder if this can bolster Ripple’s market position. Meanwhile, JetBolt (JBOLT) is gaining traction as XRP’s large traders diversify their holdings by shifting their focus towards the JetBolt presale.
Ripple’s XRP Set for a New Chapter with RLUSD Launch
Ripple’s XRP whales have been facing uncertainties, as the cross-border payments innovator has held an average of $0.58 for quite some time. However, recent developments in Ripple’s ecosystem could signal a turning tide for XRP holders.
In an interview with CoinDesk Japan, Ripple’s President Monica Long said they are still testing the new RippleUSD (RLUSD) stablecoin on the XRP Ledger and Ethereum Mainnet, with a launch scheduled before the year ends. Additionally, Ripple said in an X post that RLUSD hasn’t received regulatory approval yet, so it’s not available for purchase or trading.
Some analysts predict this development could have modest positive implications for XRP’s price. Meanwhile, the Ripple president also shed light on the company’s four-year-long legal battle against the US Securities and Exchange Commission (SEC).
Ms. Long explained that even before Ripple’s SEC lawsuit, the cryptocurrency achieved the majority of its growth outside the US, and that most of its paying customers were from the Asia-Pacific region. She added that though Ripple’s growth was faster outside the US, the ruling of the court has made it easier for Ripple’s products and services to be available in the US market.
Despite the fluctuations brought about by Ripple’s years-long legal tussle, optimism is brewing. Some analysts predict that XRP may be able to reach $0.71 next month, which translates to a 19.73% surge. Some industry experts suggest that the upcoming RLUSD launch this year could catalyze XRP’s bullish momentum.
However, XRP whales, who have weathered the storm of price dips, are mitigating the risks by quietly accumulating JBOLT tokens to diversify their crypto assets.
XRP Whales Eye New Altcoin JetBolt (JBOLT)
While XRP prepares for its leap forward with the upcoming launch of RLUSD, its large traders are increasingly gravitating toward the new altcoin JetBolt (JBOLT). Thanks to its innovative solutions, such as a high-speed platform, beginner-friendly built-in Web3 wallet, and no gas fees, XRP holders looking to diversify their portfolios with coins that complement their current holdings are showing strong interest in JetBolt.
JetBolt offers an AI-powered news and insights tool that helps users stay updated with the latest blockchain trends and developments. This feature and other groundbreaking innovations appeal to traders and even first-time crypto buyers looking for an enhanced crypto experience.
Since its launch in August 2024, JetBolt’s presale has been met with enthusiasm by XRP whales and other early $JBOLT buyers. Nearly two months after its launch, JetBolt has already smashed an epic $200,000 in sales. This is partly due to JetBolt’s exclusive opportunities for early adopters, such as attractive pricing and instant token access.
What makes early buyers even more excited about the JetBolt presale is its Alpha Box bundles, which offer up to 25% more tokens. With JetBolt’s special perks and its wide range of impressive features and utilities, it’s no wonder buyers and traders from crypto giants like XRP are jumping to new coins like JetBolt (JBOLT).
Conclusion — RLUSD Lights Path for Ripple Expansion Amidst JetBolt Surge
XRP is at a pivotal moment with the launch of its new stablecoin, RLUSD, which could advance its expansion plans. Amidst this backdrop, JetBolt is making waves, becoming increasingly appealing to XRP whales who have been anticipating a significant price turnaround for XRP.
For those interested in the JetBolt (JBOLT) coin, visit the following links below:
Official Website:jetbolt.io
Telegram Channel: https://jetbolt.io/telegram
X Account: https://x.com/JetBoltOfficial
Note: This article does not contain any financial advice. Always perform in-detail research prior to acquiring any tokens or cryptocurrency.
This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on information presented in this article.
Source: https://bravenewcoin.com/insights/xrp-rlusd-lights-path-for-ripple-expansion-amidst-jetbolt-surge