RLUSD supply surges 30% as XRP tests $1.50 resistance
XRP (XRP)
Editor:
Eugene Serbin
ambcrypto.com reports that RLUSD is introducing fresh liquidity into the market while USDT supply slips, creating a bullish backdrop for risk assets. DeFiLlama data shows RLUSD’s market cap has risen above $2 billion, with monthly supply growing by over 30% compared to a 0.4% decline for USDT. This growth is concentrated on the XRP Ledger, where RLUSD accounts for more than 90% of all stablecoins and has seen its supply exceed $950 million.
By contrast, RLUSD represents only 0.7% of stablecoins on the Ethereum blockchain. The XRP/ETH ratio closed last week up over 17%, marking its best weekly performance since the start of the Q1 2025 cycle. On the weekly chart, XRP price exploded higher by over 53%, piercing the $1.50 resistance zone with the strongest rally among high-cap assets.
A 6% pullback since then has reinforced rejection around $1.50, leading to the liquidation of over $1.18 billion in XRP longs on Bitfinex. The 30% increase in RLUSD supply provides increased liquidity that could help absorb selling pressure and support XRP. If this on-chain liquidity growth persists, XRP could reclaim $1.50 and resume its relative strength against ETH. The current pullback may be viewed as a reset rather than a trend reversal if liquidity support holds.
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 trading at $1.42 with a 24-hour buy ratio of 51.9%, indicating that buyers are slightly more active than sellers over the full day. However, the 1-hour buy ratio is 51.1% while the 4-hour ratio drops to 48.4%, suggesting that short-term buying pressure is fading compared to the daily average. The 24-hour volume delta is positive at $8,976,592, showing net inflows over the day, but the 4-hour delta is negative at -$553,241, indicating recent selling pressure. The 1-hour volume delta is positive at $462,673, showing immediate buying interest. The cumulative volume delta closed at +$134,926, confirming that net buying has occurred over the period. Net buying was recorded for 9 out of the last 24 hours, with a total spot volume of $238,596,035.
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.
Over the preceding week, the average buy ratio was 48.9%, meaning today’s 24-hour ratio of 51.9% is 3.0 percentage points higher than the weekly norm. Spot volume today is 0.51x the weekly average, indicating significantly lower trading activity than usual. While the 24-hour delta is positive, the 8-day total volume delta is -$61,148,055, showing that net selling has dominated the week. Price has risen 28.7% over the last 8 days, but this has occurred on days with net selling pressure. This is an unusual day for the coin, characterized by higher buy ratios but lower volume compared to the weekly average.