Ripple's RLUSD Hits $2 Billion Market Cap as XRP Surges
XRP (XRP)
Editor:
Eugene Serbin
u.today reports that Ripple's stablecoin, RLUSD, has surpassed the $2 billion market capitalization milestone. As of August 26, CoinMarketCap data places RLUSD at $2,091,648,295.05, reflecting a modest 0.66% increase over the previous 24 hours. Launched in December 2024, the asset has gained traction rapidly, with nearly 1 billion of its total supply issued on the XRP Ledger.
Ripple attributes this growth to the stablecoin's design for real-world utility and enterprise use cases. The issuer highlighted that this utility has drawn interest from both retail and institutional users. This expansion is linked to Ripple's efforts to boost presence in payments, liquidity, and institutional applications.
The milestone arrives as the broader Ripple ecosystem experiences rising momentum. This activity coincides with XRP recording an explosive price surge of nearly 50% by the end of the same week.
How the market reacted
Whalio's own Binance spot order flow for XRP, measured when this story was written up on 26 August 2026. Not the outlet's figures.
XRP is currently trading at $1.42 on Binance spot markets. Short-term buying pressure appears mixed, with the 1-hour buy ratio at 51.1% against a 48.4% ratio for the 4-hour window. However, the 24-hour buy ratio stands at 51.9%, indicating that net buying has dominated the day. Volume delta data shows a positive flow of +$462,673 in the last hour, contrasting with a negative delta of -$553,241 over the past four hours. Over the full day, cumulative buying has added +$8,976,592 to the market. The cumulative volume delta closed at +$134,926, confirming that buyers have outweighed sellers over the 24-hour period. This activity occurred across 1,648,472 trades with a total volume of $238,596,035. Net buying was recorded in 9 out of the 24 hours.
The latest daily buy ratio of 50.6% sits at the 83rd percentile of the last 322 days, against a median of 48.5% - stronger buying than most days.
Twenty-four hours later
What XRP did over the 24 hours after the story broke. The market moves for its own reasons; this is what happened, not what the story caused.
Was that an ordinary day?
The same Binance spot measurements for XRP, averaged over the days leading up to the story.
This trading activity follows a week where the buy ratio averaged 48.9%. Today's 24-hour buy ratio of 51.9% is 3.0 points higher than the weekly average, signaling a shift toward stronger buying sentiment. Spot volume for the day was $238,596,035, which is 0.51 times the weekly average, indicating lower-than-usual trading volume. Despite the lower volume, the price has risen 28.7% over the past eight days. In contrast, the total volume delta for the week has been -$61,148,055, showing that selling pressure has outweighed buying pressure over the longer timeframe. Additionally, there were zero days of net buying recorded over the preceding seven days, making today's positive delta unusual compared to the recent trend.