LMAX Group Adds Ripple USD (RLUSD) Stablecoin to Its Digital Asset Trading Venue

LMAX Group, a provider of institutional execution venues for FX and digital asset trading, has announced a new development for LMAX Digital clients.

LMAX Group, a leading provider of institutional execution venues for FX and digital assets trading, has announced that its LMAX Digital clients can now access #Ripple USD (RLUSD) Stablecoin.

This addition expands on LMAX Group’s commitment to offering institutions the best possible access to the most liquid assets in a transparent market environment.

This news comes after LMAX Group acquired FX HedgePool, an institutional swaps matching service, in October 2022.

The move follows LMAX’s acquisition of Cürex’s FX business, a New York-based company specialized in institutional foreign exchange execution services and data analytics, which occurred 12 months earlier. FX HedgePool brings expertise in the FX swaps and forwards market, complementing LMAX’s existing institutional client base in FX trading.

XRPUSD May Break Above 2.37350

The XRPUSD H1 chart highlights the 2.22600 level as a key support point, where the price consolidated before rebounding and forming a bullish engulfing candle, suggesting potential upward momentum.

The 2.37350 level is expected to provide resistance, as the price reacted to this level previously.

Buyers may aim for a breakout above this resistance to sustain the upward trend. However, if the price stalls at this level, it could slow down the price movement or even lead to a bearish trend on lower timeframes.

DeepSeek AI Predicts XRP Price Range

DeepSeek AI analyzed Ripple’s legal situation, adoption of its On-Demand Liquidity (ODL) platform, and market trends to make predictions for XRP.

The model forecasts that XRP could trade between $3.50 and $5.00 by the end of 2025. A positive resolution of Ripple’s legal case is expected to increase investor confidence and institutional adoption, with a 70% probability of a favorable outcome.

Increased usage of Ripple’s ODL platform by financial institutions may also raise demand for XRP, potentially enhancing its value. Broader market sentiment, including Bitcoin’s performance and global economic conditions, will influence XRP's price movement.