Skip to main content

XRP Climbs Back to $1.38 Following Binance’s RLUSD Integration on XRPL

Binance finalizes RLUSD stablecoin integration as Ripple expands UAE banking partnerships with Zand Bank

Last updated

1 hour ago

XRP Climbs Back to $1.38 Following Binance’s RLUSD Integration on XRPL

KEY FACTS

  • Binance completed RLUSD stablecoin integration on XRP Ledger, pushing XRP to $1.39 with market cap at $84.61B
  • Ripple expanded UAE partnership with Zand Bank to enable regulated custody and dirham-pegged AEDZ stablecoin issuance on XRPL
  • Technical outlook remains neutral with price testing critical $1.39-$1.42 range amid broader market fear

XRP has reclaimed the $1.38 price level after Binance completed its integration of Ripple’s RLUSD stablecoin on the XRP Ledger network. The token posted a 2.06% gain over the past 24 hours and a 2.38% increase over the past week. Its market capitalization now stands at $84.61 billion.

Ripple’s MEA Managing Director Reece Merrick confirmed the milestone. The integration expands the real-world utility of XRP-based stablecoins and strengthens XRPL’s role in cross-border payment infrastructure.

Binance’s move signals rising demand for stable digital assets powered by blockchain efficiency. It also tightens the connection between centralized exchanges and decentralized networks for faster transaction processing.

Ripple CEO Brad Garlinghouse called XRP the “North Star for Ripple.” He stated that all company decisions serve the XRP ecosystem.

Ripple and Zand Bank Expand Stablecoin Infrastructure in UAE

Ripple has expanded its strategic partnership with UAE-based Zand Bank. The collaboration brings RLUSD together with Zand’s dirham-pegged AEDZ stablecoin on the XRP Ledger within a regulated banking environment.

The partnership aims to enable regulated custody, liquidity corridors, and direct AEDZ issuance on XRPL. This creates bridges between local fiat currencies, global dollars, and blockchain-based settlement systems.

RLUSD continues pushing into global markets. The stablecoin has reached trading platforms and institutional pilots while gaining banking-grade adoption in the Middle East’s regulated finance landscape.

Meanwhile, the CLARITY Act continues advancing through the legislative process. XRP remains positioned as a potential beneficiary of clearer regulatory frameworks for digital assets in the United States.

XRP Market Movement Tied to Broader Crypto Recovery

XRP’s price movement appears closely tied to broader market direction. Bitcoin gained 1.21% during the same period, and the total crypto market cap rose 1.36%.

The rally represents a mild, correlated relief bounce across major cryptocurrencies. No coin-specific catalyst beyond the Binance integration drove the movement independently.

Trading volume increased by 6.86% to $3.03 billion over 24 hours. The improved liquidity provides some technical support for the current price action.

The market-wide Fear and Greed Index remains at “Extreme Fear” at 8. This reading signals underlying caution among traders despite the short-term gains.

XRP Technical Analysis

XRP currently trades at $1.3828, testing the critical 0.786 Fibonacci retracement level near $1.40. The price sits above its 7-day and 30-day simple moving averages, both near $1.39.

The 14-day RSI reads 54.66, placing the token in neutral momentum territory. This level does not indicate overbought conditions.

Bollinger Bands show the price near the lower band at approximately $1.18. The middle band at $1.60 represents immediate resistance. The upper band sits near $2.03.

MACD indicators remain in bearish configuration. The MACD line reads -0.1513 below the signal line at -0.1404. Both lines remain in negative territory below the zero line.

Source: TradingView.

Immediate support sits at $1.30 to $1.35. A break below this zone could accelerate selling toward $1.20. Strong support exists at the lower Bollinger Band near $1.18.

Resistance levels include $1.60 to $1.65 at the 20-period SMA. The psychological $2.00 level represents major resistance above that zone.

The price structure remains range-bound between daily pivot support at $1.39 and the 200-day SMA resistance near $1.42. A decisive close above $1.42 would signal stronger bullish momentum.

The near-term outlook remains neutral to cautiously bullish within the defined range. However, conviction stays low amid pervasive market fear. The broader trend since the July 2025 peak at $3.40 remains bearish with lower highs and lower lows.

Disclaimer: Coinwaft is a crypto media platform providing cryptocurrency news, analysis, and trading information. The content of this article is for informational purposes only and should not be considered as financial, legal, or investment advice. Readers are advised once again to research or consult a financial expert before making any financial decision.

© 2026 Coinwaft. All Rights Reserved.

Abdul-Raqeeb Hussayn

Abdul-Raqeeb Hussayn

I'm a Web3 content writer with a Web2 marketing background. I create blogs, reports, and market analysis that make complex blockchain concepts clear for readers and credible for investors.

Author profile

Get the daily newsletter that helps thousands of investors get early alpha and understand the markets.

By pressing the "Subscribe button" you agree with our Privacy Policy.

© 2026 Coinwaft. All Right Reserved.

Coinwaft uses cookies to offer a better browsing experience. By clicking accept, you consent to our privacy policy & use of cookies.