Ripple's RLUSD stablecoin has increased its supply by $1.8 million, elevating its total valuation to $789 million, making it the eighth-largest stablecoin. This development comes as the total cryptocurrency market cap rebounds to $4 trillion, with the altcoin season index rising to 66, signaling increased interest in altcoins.
XRP has also seen positive momentum, recording a net inflow of $20.05 million on October 2. Technical indicators suggest a bullish flag pattern for XRP, with a target price of $3.5, supported by an upward accumulation trend.
Ripple's RLUSD Expands by $1.8M as XRP Gains Amid Market Recovery
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