XRP price forecast as tokenized RWA on XRP Ledger explodes to $3B

1 month ago 16

Rommie Analytics

  • XRP is currently trading at $1.38, down over 3% in the past week.
  • The XRP Ledger has attracted over $3 billion in tokenized real-world assets.
  • XRP could retest $1.25 or lower if bearish pressure persists.

Ripple cryptocurrency XRP is trading largely flat over the past 24 hours, as buyers struggle to decisively breach the $1.40 level following an intraday uptick from lows of $1.36.

The price performance—showing XRP down on the weekly timeframe and up just 5% over the past month—contrasts with a sharp spike in the value of tokenized real-world assets (RWAs) on the XRP Ledger.

XRP Ledger hits $3 billion RWA value

While XRP continues to struggle for upside momentum, bullish sentiment appears to be building around the XRP Ledger (XRPL).

The network has reached a milestone of $3 billion in total tokenized real-world asset value, marking a notable 55% increase over the past 30 days.

According to data from rwa.xyz, XRPL’s growing RWA ecosystem now includes more than 290 active projects.

On-chain activity is also reflected in 3,...

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