XRP News Today: Wellgistics Adopts XRP, RLUSD Clarity, and Price Surge
Stay ahead in the crypto world with the latest XRP news today! From groundbreaking adoption to market updates, here’s everything you need to know about Ripple’s XRP on May 11, 2025.
Wellgistics Brings XRP to 6,000+ US Pharmacies
In a game-changing move, Wellgistics has partnered with a $50M credit deal to integrate XRP payments into over 6,000 US pharmacies. This adoption showcases XRP’s real-world utility, enabling faster, cheaper transactions in the healthcare sector. As Ripple’s XRP Ledger powers seamless cross-border payments, this move could drive mainstream acceptance and boost XRP’s value. Expect more industries to follow suit as XRP proves its efficiency.
Ripple Clarifies RLUSD’s Role: XRP Remains King
Concerns about Ripple’s RLUSD stablecoin replacing XRP were put to rest by Ripple’s CTO. Key takeaways:
- XRP is the only token for transaction fees on the XRP Ledger.
- It’s the only token every XRPL account can receive.
- XRP holds a “privileged place” on the ledger.
This reassurance strengthens community confidence, ensuring XRP’s dominance in Ripple’s ecosystem. Investors can rest easy knowing XRP’s utility is secure.
XRP Price Update: Eyes on $3.10
XRP’s price action is heating up! After rejecting at $2.50, XRP is holding strong above $2.30, with analysts predicting a breakout to $3.10. Whales are accumulating, pushing prices past $2.35, signaling robust investor interest. Technical indicators suggest XRP’s resilience, with key support levels intact. Stay tuned for a potential surge as global momentum builds.
Missouri’s Tax Proposal: A Crypto Haven?
A proposed Missouri measure could eliminate capital gains taxes on XRP and other cryptocurrencies, potentially making the state a crypto trading hotspot. While speculative, this development could attract investors and fuel XRP’s growth. Keep an eye on legislative updates for its impact on XRP adoption.
Why XRP Matters Now
With real-world adoption, technical strength, and regulatory clarity, XRP is poised for growth. Whether you’re a trader or HODLer, these developments highlight XRP’s potential in 2025.
