{"id":19585,"date":"2026-01-10T00:09:41","date_gmt":"2026-01-10T00:09:41","guid":{"rendered":"https:\/\/bitunikey.com\/news\/xrp-price-eyes-a-rebound-as-a-key-stablecoin-metric-crosses-400m-milestone\/"},"modified":"2026-01-10T00:09:48","modified_gmt":"2026-01-10T00:09:48","slug":"xrp-price-eyes-a-rebound-as-a-key-stablecoin-metric-crosses-400m-milestone","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/xrp-price-eyes-a-rebound-as-a-key-stablecoin-metric-crosses-400m-milestone\/","title":{"rendered":"XRP price eyes a rebound as a key stablecoin metric crosses $400m milestone"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">XRP price suffered a big reversal and dropped for four consecutive days as the recent crypto market rally lost momentum.<\/p>\n<div id=\"cn-block-summary-block_98fb575211228b3fe25cf5c0b9970196\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>XRP price has retreated in the past few days, erasing some of the recent gains.<\/li>\n<li>The supply of stablecoins in XRP Ledger has crossed the $400 million milestone.<\/li>\n<li>Technical analysis suggests that the token has more gains ahead.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Ripple (XRP) dropped to $2.09 at last check on Friday, Jan. 9. That\u2019s down by nearly 15% from its highest point this year. See below.<\/p>\n<figure class=\"wp-block-image size-large\"><figcaption class=\"wp-element-caption\">Source: <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.coingecko.com\/en\/coins\/xrp\" target=\"_blank\" rel=\"nofollow\">CoinGecko<\/a><\/figcaption><\/figure>\n<p>Still, technicals and its stablecoin growth mean that the token may be on the verge of a strong rebound in the near term.<\/p>\n<h2 class=\"wp-block-heading\">XRP Ledger stablecoin growth is accelerating<\/h2>\n<p>DeFi Llama data shows that the supply of stablecoins in XRP Ledger has continued rising this year. It has jumped by 33% in the last seven days to over $406 million, much higher than $93 million, which it had in the same period last year.<\/p>\n<p>This growth has been driven by the Ripple USD (RLUSD) coin whose supply has jumped by 42% in the last 30 days to $332 million. The other top stablecoins in the ecosystem are OpenEden Tbill, USD Coin, and EURQ.<\/p>\n<p>Stablecoins, which are cryptocurrencies backed by fiat currencies, have become major players in the payment industry. Data shows that there are over $308 billion worth of stablecoins in circulation today, a figure that will continue to grow.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>Ripple USD, launched in December 2024, has grown into one of the largest stablecoins, with a total supply of $1.4 billion. Most of the supply is in Ethereum (ETH), which is the most popular chain for stablecoin transactions. The supply will likely increase as Ripple extends it to other layer-2 networks such as Base and Optimism.<\/p>\n<p>XRP is also seeing some demand from American investors, who acquired ETFs worth over $8.7 million on Thursday after shedding $40 million in assets a day earlier. Total inflows in XRP ETFs has jumped to $1.21 billion, while the net assets have moved to $1.49 billion\u00a0\u00a0<\/p>\n<h2 class=\"wp-block-heading\">XRP price technical analysis\u00a0<\/h2>\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"3574\" height=\"2020\" src=\"https:\/\/bitunikey.com\/news\/wp-content\/uploads\/2026\/01\/1768003781_92_XRP-price-eyes-a-rebound-as-a-key-stablecoin-metric.webp.webp\" alt=\"XRP price\" class=\"wp-image-14444015\"><figcaption class=\"wp-element-caption\">XRP price chart | Source: crypto.news<\/figcaption><\/figure>\n<p>The daily timeframe chart shows that the XRP price has retreated in the past few days, moving from a high of $2.4153 on January 6 to $2.09 by Friday evening.<\/p>\n<p>On the positive side, the token remains above the 50-day Exponential Moving Average, which is a bullish sign. It also remains above the Supertrend indicator.<\/p>\n<p>The coin is also above the upper side of the falling wedge pattern, a common bullish reversal sign. Therefore, the token will likely rebound and initially retest the year-to-date high of $2.4153, which is about 15% above the current level.<\/p>\n<p>A move above that level will point to more gains, potentially to the psychological point at $3, which is ~42% above the current level.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>XRP price suffered a big reversal and dropped for four consecutive days as the recent crypto market rally lost momentum. Summary XRP price has retreated in the past few days,&hellip;<\/p>\n","protected":false},"author":1,"featured_media":11665,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-19585","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/19585","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=19585"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/19585\/revisions"}],"predecessor-version":[{"id":19586,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/19585\/revisions\/19586"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/11665"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=19585"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=19585"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=19585"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}