{"id":144926,"date":"2024-12-16T10:00:00","date_gmt":"2024-12-16T08:00:00","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=144926"},"modified":"2024-12-16T02:01:11","modified_gmt":"2024-12-16T00:01:11","slug":"xrps-historic-november-rally-fuels-optimism-for-2025-amid-new-initiatives","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/xrps-historic-november-rally-fuels-optimism-for-2025-amid-new-initiatives\/","title":{"rendered":"XRP’s Historic November Rally Fuels Optimism for 2025 Amid New Initiatives"},"content":{"rendered":"

The price spike followed an announcement from Georgios Vlachos, co-founder of the Axelar interoperability platform, who predicted that the RLUSD stablecoin would increase XRP<\/a> <\/strong>demand in 2025. As RLUSD transactions, particularly in remittances, are expected to settle through the XRP Ledger, XRP holders stand to benefit from the network’s gas fees, with a small amount of XRP burned during each transaction.<\/p>\n

The rally began after Donald Trump’s electoral win, which ignited a wave of optimism across the crypto sector, thanks to his pro-crypto stance and promises of a more favorable regulatory environment.<\/p>\n

XRP surged alongside other digital assets, briefly reaching a seven-year high of $2.90. However, the Relative Strength Index (RSI) soon indicated overbought conditions, prompting a price pullback.<\/p>\n