XRP Price Retraces but Stablecoin Supply Surpasses $400 Million
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Price Retracement: XRP's price has dropped nearly 15% over four consecutive days, falling from a high of $2.4153 on January 6 to $2.09, indicating a loss of momentum in the recent market rally that may affect investor confidence.
- Stablecoin Supply Growth: The supply of stablecoins on the XRP Ledger has surged by 33% in the past week, surpassing $400 million, significantly up from $93 million during the same period last year, highlighting Ripple's growing influence in the payment industry.
- Strong Performance of Ripple USD: The supply of Ripple USD has increased by 42% in the last 30 days to $332 million, making it one of the largest stablecoins in the XRP ecosystem and contributing to the overall expansion of the stablecoin market.
- Investor Demand Recovery: American investors purchased over $8.7 million in XRP ETFs on Thursday, recovering from a $40 million asset drop the previous day, with total inflows reaching $1.21 billion, indicating sustained interest in XRP despite recent price fluctuations.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.








