XRP News Today: XRP Holds Key Support as XRP Ledger Tokenized Assets Surge 32.27% in 30 Days

XRP continues to demonstrate resilience as it holds key support levels near $3.21, coinciding with a notable rise in tokenized asset value on the XRP Ledger, now exceeding $243 million [1]. This figure represents a 32.27% increase over the past 30 days, as reported by Real World Asset Watchlist, placing the XRP Ledger ahead of several major blockchains in terms of tokenized asset growth [1]. The surge underscores growing institutional interest in blockchain-based settlement solutions, with tokenized assets including digital representations of commodities, currencies, and other financial instruments [1].

Market analysts have closely monitored recent price action, noting that XRP briefly dipped to around $3.17, reaching the 0.5 Fibonacci retracement level, before rebounding to the critical $3.21 support level. This support has been tested multiple times without a decisive breakdown, with CasiTrades highlighting a potential bullish divergence in the price-momentum relationship [1]. A sustained move above $3.21 could signal a renewed bullish phase, while a drop below $3.10 may trigger a reassessment of short-term market sentiment [1].

The XRP Ledger’s growth is also being viewed in the context of broader regulatory developments. The U.S. Securities and Exchange Commission (SEC) recently withdrew its appeal against a 2024 court ruling, which determined that XRP is not a security when traded on public exchanges. This resolution brings much-needed legal clarity for Ripple and its stakeholders, reducing uncertainty and potentially encouraging further institutional adoption [1]. Ripple agreed to a $125 million settlement in 2024, but the recent closure of the case removes a long-standing regulatory headwind.

Analysts suggest that the XRP Ledger’s expanding role in tokenization reflects increasing confidence in its infrastructure and efficiency. With tokenized assets now spanning beyond cross-border payments into broader financial use cases, the XRP Ledger is positioning itself as a key player in the evolving blockchain landscape [1]. The continued stability in XRP’s price, despite macroeconomic volatility, further supports this narrative, indicating that investors and traders are becoming more comfortable with the asset’s risk profile.

While some experts have speculated that Ripple’s legal victory could lead to the filing of an XRP ETF by major institutions such as BlackRock, this remains a forecasted development rather than a confirmed outcome [1]. Nonetheless, the broader market reaction to these developments highlights the growing institutional interest in XRP, particularly as regulatory clarity begins to take effect.

The XRP Ledger’s performance in tokenized assets and XRP’s price resilience together present a compelling case study in how real-world adoption and legal certainty can influence a cryptocurrency’s trajectory. As blockchain technology continues to evolve, the XRP Ledger’s role in tokenization may serve as a benchmark for other networks seeking to balance utility with regulatory compliance [1].

Source: [1] 24/7 Crypto & Blockchain Updates - Page 2204 (https://www.livebitcoinnews.com/page/2204/?fbclid=IwZXh0bgNhZW0BMABhZGlkAasj4GARQmYBHkbHqbSg8n3oc1_Sja4p3ehQF_7dTCxQCf7oJs7IrMgKmFxtwcZjYyklAnqN_aem_cnxMyAYkFyqxyuUcTrAMpQ&utm_id=120228303986440422)