XRP News Today: XRP Breaks Out: $3.50 Close Signals Bullish Reversal as RWAs Surge 2,260%

XRP has surged past $3.50, marking a critical technical milestone that analysts interpret as a potential trend reversal for the cryptocurrency. Market analyst Doshsai notes that the price breakout has invalidated a prolonged bearish structure that had defined XRP’s performance for much of the year [1]. The analyst emphasizes that sustained trading above $2.53 confirms the validity of the bullish pattern, with a close above $3.50 opening the door to higher price targets. Potential levels include $4.29, $7.53, and $11.98, contingent on continued volume strength and broader market conditions [2]. Doshsai further projects a long-term technical objective of $15.89, derived from historical price symmetry, though this remains conditional on sustained momentum above key support levels [3]. At the time of reporting, XRP traded at $3.24, up 1% in the previous 24 hours [4].

The XRP Ledger (XRPL) has simultaneously experienced a 2,260% surge in tokenized real-world assets (RWAs) over six months, driven by institutional adoption and platform advancements. On-chain data shows tokenized asset value rising from $5 million in January 2025 to $118 million by mid-July, reflecting rapid growth in use cases such as tokenized U.S. Treasuries and structured financial instruments [5]. Key drivers include Mercado Bitcoin’s tokenization of $200 million in RWAs on XRPL and BNY Mellon’s custodial services for Ripple’s RLUSD stablecoin. ProShares’ launch of XRP-based ETFs further underscores traditional finance’s integration with the ecosystem [6].

XRPL’s infrastructure advantages—near-instant settlement (3–5 seconds), ultra-low transaction fees ($0.000037 per transaction), and a built-in decentralized exchange—have accelerated institutional adoption [7]. These features enable efficient management of tokenized bonds, real-estate assets, and commodities while maintaining compliance through controlled transferability and issuer-managed authorization. DeFi total value locked (TVL) on XRPL has grown by 57–68% in recent months, reaching $86–$92 million, with daily transactions exceeding 1.7 million [8].

The confluence of institutional participation, platform scalability, and regulatory-friendly design positions XRPL as a leading protocol for asset tokenization. Analysts argue that XRP’s technical breakout and the surge in RWAs signal a shift from speculative trading to real-world utility, with potential implications for broader financial markets [9].

Source: [1][2][3][4][5][6][7][8][9] [title] XRP Breaks Out: $3.50 Close Signals Bullish Reversal as RWAs Surge 2,260% [url] https://coinmarketcap.com/community/articles/68875e00ccfa7925fe395d07/