Is a major shift building in the market ahead of the Q3 cycle?
The success of this move relies more on stablecoin flows than on short-term price action, as on-chain liquidity feeds directly into stronger DeFi ecosystems that shape a token’s long-term growth structure.
This is where recent $RLUSD activity has intensified discussion around where liquidity is concentrating as Q2 comes to an end.
According to DeFiLlama data, $RLUSD’s $1.57 billion supply on the $XRP Ledger has overtaken Ethereum’s share. The chart below shows that $RLUSD on XRPL now totals over $804 million, accounting for roughly 52% of the total supply, while Ethereum has contracted to around $771 million.
This divergence in liquidity distribution is driving increased discussion around $XRP price prediction going into Q3.
XRPL’s expansion in Japan further supports this trend.
For context, $RLUSD has received regulatory approval in Japan, allowing broader use of USD-backed stablecoins for payments across a market of about 122 million people.
This drives higher $RLUSD activity on XRPL, strengthening liquidity concentration and feeding into $XRP price prediction dynamics.
From a technical lens, this comes at a key moment. On the weekly chart, the $XRP/$ETH ratio has been range-bound since September, despite broader crypto volatility.
Against this backdrop, the $RLUSD divergence between XRPL and Ethereum may not be random, but instead an early signal of potential Q3 leadership.
Stablecoin flows reshape $XRP price prediction narrative
Expecting Ripple [$XRP] to outperform Ethereum [$ETH] in Q3 may not be too far-fetched.
At the DeFi level, stablecoin flows are diverging. DeFiLlama data shows XRPL stablecoin supply rising over 8% this week with more than $800 million in inflows, while Ethereum has dropped by 0.3%.
This shows stronger liquidity growth on XRPL and supports the $XRP price prediction narrative over $ETH for Q3.
Institutional flows also follow the same trend. SoSoValue data shows spot Ripple ETF products recorded $31.32 million in net inflows in June so far, although this remains below May’s $132 million.
Meanwhile, Ethereum products recorded $377 million in net outflows, showing a clear shift in institutional capital flows.
In this context, $RLUSD supply strength on XRPL does not look random.
Instead, with Japan’s regulatory approval, $XRP/$ETH consolidation, and institutional flows tilting toward $XRP, the data points to a broader shift in liquidity direction. In this setup, a breakout in the ratio may be forming.
As a result, $XRP price prediction now factors in a possible recovery from the recent dip, with a move back toward the $1.5-$2 level positioning it as a potential strong Q3 setup.
Final Summary
- $RLUSD growth on XRPL, Japan approval, and stronger $XRP inflows point to liquidity shifting toward $XRP ahead of Q3.
- $XRP/$ETH stays range-bound, but $XRP price prediction now suggests a possible breakout and recovery toward $1.5–$2 in Q3.
ambcrypto.com