Ripple-BCG Report Predicts 3150% Growth in Tokenisation Market by 2033, XRP Surges 238.2%

Ripple and the Boston Consulting Group have released a report forecasting significant growth in the tokenisation of real-world assets. The report, titled “Approaching the Tokenisation Tipple Point,” predicts that the market will expand from $0.6 trillion in 2025 to an impressive $18.9 trillion by 2033. This growth is expected to revolutionize the global financial system by enhancing fractional ownership, enabling instant transfers, and ensuring regulatory compliance. The report also highlights the potential for XRP to become a key player in this new financial landscape.

In response to this forecast, the XRP market has shown notable activity. The cryptocurrency, which is the fourth largest by market capitalization, has seen a surge of 238.2% over the past year. At the beginning of this year, XRP was trading at around $2.08, reaching an all-time high of $3.399 on January 16. However, since January 18, the market has experienced a decline of nearly 37.36%. Despite this, the cryptocurrency has recently shown signs of recovery, with a 1.7% increase in the last 24 hours, bringing its price to $2.06.

The technical analysis of XRP indicates a potential bullish breakout. The Relative Strength Index (RSI) on the daily chart has risen from 32.12 to 46.12, suggesting improving bullish momentum. The 200-day Exponential Moving Average (EMA) stands at $1.9506, providing strong support. For a long-term uptrend to be confirmed, XRP needs to close strongly above the descending trendline resistance. This would signal the beginning of a sustained bullish trend, although macroeconomic uncertainties and resistance near previous highs may limit upside in the short term.

Data from the market also suggests that short liquidations are much higher than long liquidations, indicating that bearish positions are being squeezed. Additionally, open interest in XRP derivatives has increased by 1.4% to $3.08 billion, implying that more capital is entering the XRP market. These factors, combined with the positive forecast from the Ripple-BCG report, suggest that XRP has the potential to overcome key resistance levels and reach $2.25 in the near future.