Ripple (XRP) News Today: February 17th

The prominent crypto company continues to praise XRP, while Ripple’s stablecoin is doing better than USDC in the past.
XRP has experienced a significant decline over the past few months, yet interest in the asset (and the company behind it) remains high.
In the following lines, we will touch on the latest and most impressive developments around the Ripple ecosystem.
Investors want in?
Ripple’s global event, XRP Community Day, dedicated to the community of supporters, developers, and administrators, was held last week. It brought together many executives and well-known figures from the crypto industry to discuss the growing use of XRP, institutional adoption, and other leading topics.
One of the panelists was Rayhaneh Sharif-Askary (Head of Product and Research at Greyscale), who revealed that advisors at the digital asset manager are “frequently asked” by clients about XRP. He added that, in some cases, the cross-border Ripple token is the second most discussed asset after Bitcoin (BTC).
Grayscale is among the companies that have launched an XRP exchange-traded fund (ETF) that has 100% exposure to the coin. This happened in late 2025, shortly after Canary Capital became the first to launch such a product in the United States.
Greyscale’s investment vehicle, called GXRP, generated strong interest after its debut, with daily revenues reaching $30 million several times. However, in the past few weeks, the trend has reversed, with net flows consistently negative.
RLUSD Outperforms USDC This Forward
Ripple’s stablecoin, called RLUSD, saw the light of day in December 2024 and has made significant progress. The product, pegged 1:1 to the US dollar, has received support in many exchanges with famous banking institutions, including the oldest US bank, BNY Mellon.
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Earlier this year, London-based fintech company LMAX Group is working with Ripple to integrate RLUSD with the institution’s trading infrastructure, while Zand (a bank in the UAE) also accepts a symbol.
RLUSD’s market cap has surpassed $1.5 billion, a significant milestone compared to its short history. X user SMQKE pointed out that the product grew “much faster” than Circle’s USDC in its first year.
XRP Price Outlook
The past week has been turbulent for Ripple’s native cryptocurrency, with its price going from $1.35 to $1.66. Currently, it is trading around $1.45, which represents a 2% daily decline.
It is important to note that the rise to the top of the area happened over the weekend and was short-lived, which led some analysts, such as Ali Martinez, to describe the closing of the 2-week candle as a tombstone doji. This is a candle stick a pattern where the price rises during the period but closes close to where it started, like an upside down “T”. Martinez noted that the last time this formation appeared on the weekly chart, XRP price dropped by 46%.
Some analysts took a more optimistic view. X user BitGuru believes that XRP is “coming out of a long-term negative trend” and is trying to find important support around $1.50. If successful, a return to $1.80-$2 is possible, they predict.
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