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XRP dropped 10% this week, but more companies are starting to use Ripple's services.

OpinionRead the original at Benzinga
Neutral

XRP fell 10% over the past week as RLUSD adoption grew. The article says RLUSD growth does not directly raise XRP’s value, and any help from more activity would be indirect.

XRP · Ripple

AI read · Neutral

The AI's read

RLUSD and XRP serve different purposes, so more use of RLUSD does not directly raise XRP’s value. More RLUSD use on the XRP Ledger could increase activity, but the article describes that help as indirect. It also says an XRP recovery is not assured.

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