XRP price is still trading down, weighed by the US-Iran war fears that have pushed the wider crypto market into the red. At press time, the XRP price was trading at $1.37, down 0.6% over the past 24 hours, despite the XRP Ledger recording fresh growth in tokenized real-world assets.
The XRP Ledger’s real-world asset ecosystem has reached a new all-time high of $3.53 billion, according to data shared by XRP-focused exchange Bitrue. The milestone places XRPL among the fastest-growing blockchain networks in the tokenized asset sector this year.
Source: X
At the start of 2024, XRPL’s tokenized asset market was reportedly below $1 billion. The rise to $3.53 billion shows growth of more than 3.5 times in less than five months, as institutional blockchain adoption continues to expand across tokenized finance.
XRP Ledger RWA Market Reaches $3.53B
The latest XRP Ledger RWA data shows rising activity in tokenized assets, a sector that includes real-world financial instruments brought onto blockchain networks. Tokenized assets can include Treasury products, credit instruments, funds, and other financial products represented digitally on-chain.
XRPL’s growth comes as Ethereum, Solana, and other major networks also compete for tokenized finance activity. The XRP Ledger has gained attention due to its payment-focused design, low transaction costs, and long history in cross-border settlement use cases.
The rise in tokenized assets has kept XRP in market discussions, even as the token’s price remains under short-term pressure. Analysts are now watching whether network growth can translate into renewed price momentum once broader market conditions stabilize.
Flare and D’CENT Add XRP Yield Access
Coming in as a catalyst for a recovery, XRP has received a new utility update after Flare announced a partnership with D’CENT Wallet. The system is designed to allow XRP holders to access yield options directly from hardware wallets without moving tokens to another blockchain.
The partnership also marks the launch of the XRP Alliance, an industry group focused on expanding financial services for XRP holders. D’CENT Wallet currently serves about 720,000 users across markets, including the United States, Canada, the United Kingdom, Japan, and South Korea.
The system uses verification tools that confirm signed transactions and move value into selected yield vaults. The structure is designed to avoid users handing over private keys to third-party custodians during the process.
The development adds another layer to XRP’s utility narrative at a time when the token is consolidating near $1.30 to $1.40. Market participants are watching whether new DeFi and RWA activity can support future demand for XRP and XRPL-based products.
XRP Price Prediction: $1.50 and $1.29 Levels in Focus
Crypto analyst Ali Charts said XRP is showing its tightest Bollinger Band squeeze on the 3-day chart in more than a year. Such compression often appears before a larger volatility move, although direction is usually confirmed only after price exits the range.
According to Ali Charts, the current no-trade range sits between $1.50 and $1.29. A clean 3-day candle close above $1.50 would point to a possible move toward $1.80. A close below $1.29 would weaken the near-term bullish setup and open the door toward $1.00.
Other analysts have also pointed to XRP momentum returning to a long-term bottoming zone that has preceded past rallies. Previous moves from similar momentum levels included gains of 80,000%, 1,600%, and 1,100% across earlier cycles, according to chart data shared by analyst Javon Marks.
Source: X
The long-term chart target discussed by Marks sits above $15, which would represent a move of nearly 1,000% from current prices. That target remains dependent on confirmation through price structure, momentum recovery, and a break above resistance.
Key support for XRP sits near $1.20 to $1.30, followed by $1.00 to $1.10. Resistance is near $1.50, then $1.80, with larger zones at $2.00 to $2.60 and $3.40 to $4.00.
