XRP News Today: XRP Surpasses $3.50 as Tokenized RWAs on XRPL Surge 2,260% in Six Months

XRP’s recent price action has sparked optimism among market participants, as the cryptocurrency closed above $3.50 for the first time in months, signaling a potential bullish reversal. According to analyst Doshsai, this breakout invalidates a prolonged bearish structure that had defined XRP’s trajectory for much of the year [1]. The analyst emphasized that as long as XRP sustains price action above $2.53, the technical setup remains valid, with a sustained close above $3.50 potentially unlocking higher targets. These include $4.29, $7.53, and $11.98, with a long-term projection of $15.89 derived from historical symmetry patterns [1]. Doshsai noted that the $3.50 level is critical for two reasons: it disrupts the prior bearish trend and re-establishes bullish momentum that could see XRP retest or surpass its recent all-time high of $3.65 [1]. At the time of writing, XRP traded at $3.24, up 1% in the past 24 hours [1].

Simultaneously, the XRP Ledger (XRPL) has seen a dramatic surge in tokenized real-world assets (RWAs), growing 2,260% in six months. On-chain data reveals that tokenized asset value on XRPL rose from approximately $5 million in January 2025 to over $118 million by mid-July [1]. This growth is attributed to institutional adoption, including Mercado Bitcoin’s tokenization of $200 million in RWAs on XRPL—encompassing U.S. Treasuries and structured financial instruments. Traditional financial players are also deepening integration, with BNY Mellon now custodians for Ripple’s RLUSD stablecoin reserves and ProShares launching XRP-based ETFs [1].

The XRPL’s infrastructure advantages—near-instant settlement times (3–5 seconds), ultra-low fees, and a built-in decentralized exchange—have positioned it as a scalable platform for asset tokenization. These features enable institutions to issue and manage tokenized bonds, real-estate tokens, and commodities efficiently. The network’s DeFi ecosystem has further expanded, with total value locked (TVL) rising by 57–68% to between $86 million and $92 million in recent months [1]. Daily transaction volumes now exceed 1.7 million, with average fees around $0.000037 per transaction [1].

The confluence of institutional adoption, platform efficiency, and DeFi growth has solidified XRPL’s role as an enterprise-grade protocol for RWAs. As tokenization gains mainstream traction, the ledger is facilitating broader financial transformation beyond speculative use cases [1]. Analysts caution, however, that XRP’s price targets remain contingent on sustained strength above $2.53 and broader market conditions [1].

Source: [1] [XRP Breaks Out: $3.50 Close Signals Bullish Reversal as RWAs Surge 2,260%] [https://coinmarketcap.com/community/articles/68875e00ccfa7925fe395d07/]