XRP price rose early Monday amid a mixed start to the week for cryptocurrencies. XRP, the token, which is used to facilitate and settle transactions on Ripple Labs’ digital-payments platform, is up 1.

But what’s next that could drive XRP higher? Ripple has already launched the RLUSD stablecoin, which is fully backed by cash in the form of USD, government treasury securities, and other cash equivalents.

The price of bitcoin leapt back above $100,000 to start the first full trading week of the new year. The flagship cryptocurrency was last higher by about 4% at $102,234, according to Coin Metrics. The broader crypto market,

The token is up about 15% already this year, meaning it's comfortably beating the likes of Bitcoin and Ethereum.