XRP’s Key Support Stands at $2.78
According to renowned market analyst Ali Martinez, XRP has established a strong support level at $2.78, a critical zone that could shape the cryptocurrency’s near-term trajectory.
This support level has emerged as a focal point for traders and investors, as it signals both resilience in the token’s price and a potential launchpad for future gains.
Notably, XRP has seen volatile swings in recent months, but $2.78 has emerged as a crucial support level. According to Martinez, buying pressure consistently absorbs selling here, making it a key pivot point. Holding above $2.78 could set the stage for the next upward move.
For XRP, the $2.78 support level is a crucial benchmark. Holding above it bolsters market confidence and curbs panic selling, while a breach could trigger sharper declines, testing lower support and threatening bullish momentum.
On the other hand, XRP’s $2.65 mark recently emerged as the critical pivot point that could ignite its next bull run.
At the time of this writing, XRP was trading at $2.87 per CoinGecko data.
Ripple’s RLUSD Stablecoin Powers 24/7 Off-Ramp for BlackRock & VanEck Tokenized Funds
Ripple's RLUSD stablecoin has been integrated as an off-ramp for BlackRock's USD Institutional Digital Liquidity Fund (BUIDL) and VanEck's Treasury Fund (VBILL) through a strategic partnership with Securitize.
This collaboration introduces a smart contract that enables investors to redeem their tokenized shares for RLUSD, facilitating seamless, 24/7 liquidity and bridging traditional finance with blockchain technology.
Launched in December 2024, the RLUSD stablecoin offers regulatory clarity and stability for institutional investors. With a market cap exceeding $740 million, RLUSD is gaining traction globally, notably in Dubai, where it’s approved for real estate tokenization projects.
Securitize has integrated RLUSD into its platform, enabling BUIDL and VBILL holders to convert shares into RLUSD. This unlocks on-chain liquidity, DeFi opportunities, and a compliant, stable exit strategy, enhancing the utility and flexibility of tokenized assets.
Ripple CEO Brad Garlinghouse highlighted the integration’s impact, offering 'enterprise-grade instant on-chain liquidity.' He emphasized that redeeming shares for RLUSD or Ethereum via Securitize gives investors seamless access to on-chain yields and DeFi opportunities.
Therefore, this partnership will accelerate the fusion of traditional finance and blockchain, offering institutional investors greater liquidity and seamless access to digital assets. As tokenized assets gain traction, such collaborations drive more integrated and efficient financial ecosystems.
Conclusion
Integrating RLUSD as an off-ramp for BlackRock and VanEck tokenized funds marks a key milestone in merging traditional finance with blockchain.
By delivering instant on-chain liquidity and seamless DeFi access, Ripple and Securitize are redefining how tokenized assets function within a compliant, efficient, and globally accessible financial ecosystem, positioning RLUSD as a bridge between legacy finance and the growing digital asset market.
On the other hand, XRP’s $2.78 support level is more than just a number, it represents a critical juncture where technical strength, investor confidence, and market sentiment converge.
