XRP News Today: XRP's Tokenized Assets Surge 2,260% Driving Ecosystem Growth

XRP, the cryptocurrency associated with the XRP Ledger (XRPL), has recently garnered significant attention due to a remarkable surge in the total value of tokenized real-world assets (RWAs) on its blockchain. According to a report by Token Relations in collaboration with Ripple, the value of these tokenized RWAs has skyrocketed from $5 million in January 2025 to over $118 million, representing a staggering 2,260% increase within a few months. This dramatic growth underscores the increasing trust and adoption of the XRPL for digitizing traditional assets, which could serve as a long-term growth driver for the XRP ecosystem. As more utility and real-world applications are integrated, the XRP ecosystem is likely to attract greater interest and investment.

From a technical analysis perspective, XRP's price remains robust, exhibiting a clear bullish pattern on both weekly and daily charts. Currently, XRP is trading above a crucial support level between $3.30 and $3.40, which was previously a resistance zone but has now been successfully converted into support. If this support level holds, XRP could continue its upward trajectory towards its next significant target, between $4.60 and $4.70, based on Fibonacci extension levels. These levels are frequently used by traders to anticipate the next price movement during a strong uptrend. However, if XRP falls below the $3.30 level, it might experience a short-term pullback towards $3.00 or even $2.75, another important support area. A break below $2.75 could indicate a shift in momentum, but for now, the price is far from this critical zone.

In the short term, XRP appears to be in a consolidation phase, where the price is moving sideways after a strong upward push. This phase is typically a healthy pause before another potential breakout. If XRP manages to break above the recent high near $3.84, it could signal the start of the next significant rally. The current trends and technical indicators suggest that XRP is poised for further growth, driven by both its technical strength and the increasing adoption of tokenized RWAs on the XRPL.