XRP News Today: Mutuum Finance Raises $11.3 Million in Presale Phase 5, XRP Stable at $2.20

XRP, the cryptocurrency associated with Ripple, has been holding steady around the $2.20 mark, sparking renewed interest in its long-term potential and whether it can reclaim the $3.50 level by 2025. Legal clarity and increased adoption for cross-border payments are seen as potential catalysts for Ripple's growth. However, traders seeking quicker gains are turning their attention to other opportunities, notably Mutuum Finance (MUTM), a DeFi-driven project currently priced at $0.03.

Mutuum Finance is currently in phase 5 of its presale, having already sold over 45% of this phase. The project has garnered significant interest, raising more than $11.3 million from nearly 12,600 investors. This early-stage momentum has analysts speculating that MUTM could reach price levels similar to XRP's much sooner than anticipated.

XRP's recent stability around $2.20 follows a rebound from lows near $1.90, driven by positive geopolitical and macroeconomic signals. The outlook for XRP remains cautiously optimistic, with many analysts predicting a move toward the $3–$5 range by the end of 2025. This optimism is underpinned by nearing legal resolution with the SEC and growing institutional interest. However, XRP's trajectory is still sensitive to broader market conditions.

As investors look beyond established altcoins, speculative attention is shifting toward emerging DeFi projects like Mutuum Finance. Mutuum Finance plans to launch an Ethereum-based, fully-collateralized USD stablecoin, which is designed to remain stable during market downturns, unlike algorithmic stablecoins that may depeg in volatile conditions. The project has also opened a $50,000 bug bounty program in cooperation with CertiK, further reinforcing its commitment to security and transparency. This proactive approach to developing trust through tangible infrastructure and effective security measures is another factor contributing to MUTM's growing appeal.

Phase 5 of Mutuum Finance's presale has seen rapid momentum, with over 12,600 investors already participating and raising over $11.3 million. This level of investment and interest suggests that MUTM is more than just a DeFi experiment. While XRP may take some time to reach $3.50, many investors are becoming interested in MUTM, which is currently priced at $0.03 and has already raised significant funds. MUTM's differentiating factor includes the creation of a fully collateralized stablecoin pegged to USD and a $50,000 bug bounty program, which has attracted a lot of attention. Given its strong fundamentals and growing hype, it is believed that MUTM could reach the $3.50 level before XRP does, presenting a significant opportunity for early investors.