XRP Gains On-Chain Traction, Overtakes Solana in Tokenized RWA Value — Eyes BNB; Short-Term $1.50 Key
XRP’s on-chain ecosystem is expanding as the XRP Ledger moved into sixth place by tokenized real-world-asset (RWA) value, surpassing Solana and closing the gap with BNB Chain after adding roughly $354 million in tokenized assets over 30 days. This infrastructure growth contrasts with muted price action: XRP traded under $1.50 while networks activity increased. Technicals show XRP broke out of a descending channel and is consolidating below a $1.50 supply zone. Immediate support is at $1.30, with a loss likely reopening a move toward $1.10 — the recovery’s invalidation level. If $1.50 flips to support, upside targets include $1.90 and $2.10. The article contrasts XRP’s quiet utility-driven buildup with the louder momentum of meme tokens, citing Maxi Doge ($MAXI) as an example of retail capital chasing high-yield, high-momentum presales. Key takeaways for traders: monitor on-chain RWA issuance and the $1.50 zone; a confirmed hold above the broken trendline and higher lows on the 4H chart would be bullish, while a drop under $1.30 raises odds of deeper weakness. Primary keywords: XRP price, XRP Ledger, tokenized assets, XRP price prediction.
Bullish
On-chain metrics point to structural growth: the XRP Ledger added roughly $354M in tokenized RWAs in 30 days and overtook Solana in RWA value. Historically, sustained increases in on-chain issuance and utility precede re-ratings when market liquidity allows — examples include early DeFi tokens that outperformed after meaningful protocol activity. Technicals are constructive: XRP broke a descending channel and is making higher lows on shorter timeframes; $1.50 is the pivotal level. If price holds above the broken trendline and $1.50 flips to support, momentum targets at $1.90–$2.10 become reasonable, supporting a bullish outlook. Near-term risks: broader market liquidity and macro conditions could cap gains, and a break below $1.30 (with $1.10 as invalidation) would negate the recovery thesis. For traders, this implies a bullish bias conditional on on-chain issuance continuing and technical confirmation — trade setups should use tight risk management around $1.30 and watch order flow around $1.50. The presence of competing high-risk meme plays (e.g., MAXI) increases volatility and retail rotation risk, which can amplify short-term moves but does not invalidate the structural bullish case if utility metrics keep rising.