Is $3.50 the Launchpad Bulls Need?
According to market analyst Doshsai, XRP has broken out of a multi-month downtrend, signaling a bullish trend reversal and strengthening momentum on the daily chart.
The analyst added, “As long as XRP maintains price action above $2.53, the breakout structure remains technically valid. A sustained close above $3.50 may open the path to higher targets, pending volume confirmation.”
Doshsai believes that this breakout is more than just a technical rebound because it signals a potential trend reversal that could open the door to significantly higher price targets, such as $4.29, $7.53, and $11.98.
The analyst also emphasizes that the breakout above $3.50 is crucial for two reasons. First, it invalidates the previous bearish structure that had defined XRP’s price action for much of the year.
Second, it re-establishes bullish momentum that could see retest or surpass its recent all-time high (ATH) price of $3.65.
Doshsai also pointed out, “Technical Objective: $15.89 — derived from historical move symmetry. This projection is contingent on continued strength above support and broader market conditions.”
Therefore, the $15 price target might be in the picture as recently alluded to by the formation of a V-shape pattern.
At the time of this writing, XRP was up by 1% in the past 24 hours to trade at $3.24.
XRPL Witnesses Exponential Growth
The XRP Ledger (XRPL) has witnessed a 2,260% surge in tokenized RWAs in recent weeks, driven by Ripple’s rapidly expanding ecosystem.
On‑chain figures show tokenized asset value rising from roughly $5 million in January 2025 to over $118 million by mid‑July, marking a 2,260% increase in just six months.
This explosive growth reflects mounting institutional adoption and expanding use cases.
At the heart of the surge is heightened institutional participation. Major players such as Mercado Bitcoin, the leading Latin American crypto exchange, began tokenizing $200 million in RWAs on XRPL, including U.S. Treasuries and structured financial instruments.
Additionally, institutions like BNY Mellon now custodian for Ripple’s RLUSD stablecoin reserves and ProShares launched XRP‑based ETFs, signaling deeper traditional finance integration. Several features intrinsic to the XRPL platform are accelerating this trend.
These include near-instant settlement times of between 3 to 5 seconds, ultra‑low transaction fees, and built‑in decentralized exchange (DEX) facilities, eliminating the need for external smart contracts while ensuring compliance features such as controlled transferability and issuer‑managed authorization.
Therefore, XRPL’s infrastructure enables financial firms to issue, trade, and manage tokenized bonds, real‑estate tokens, commodities, and money‑market assets efficiently.
The network’s DeFi ecosystem is also thriving in tandem. DeFi total value locked (TVL) on XRPL has increased by approximately 57–68% in recent months, climbing to between $86 million and $92 million, with average daily transactions now exceeding 1.7 million and average fees around $0.000037 per transaction.
Together, these metrics highlight a robust, scalable platform gaining real utility in asset tokenization.
Conclusion
XRPL’s 2,260% surge in tokenized RWAs is driven by confluence of institutional adoption, platform advantages, DeFi growth, and international partnerships.
As tokenization becomes mainstream, XRPL has emerged as a trusted, enterprise‑grade protocol for real‑world assets, paving the way for broader financial transformation beyond speculative speculation.
Meanwhile, XRP’s breakout above $3.50 marks a turning point in its market narrative.
