Ripple announced, in partnership with Securitize, a new smart contract allowing holders of shares in BlackRock’s BUIDL and VanEck’s VBILL tokenized funds to instantly exchange their shares for Ripple’s stablecoin RLUSD, 24/7. XRP whales acquired more than 470 million tokens in five days, valued at approximately $720 million. The cryptocurrency experienced significant volatility, reaching a peak of $1.65 before dropping below $1.50, then rebounding to $1.56. Analyst Ali Martinez remains bullish, identifying a bullish inverse head-and-shoulders pattern on the daily chart with a potential target of $2.00.
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