XRPL RWA Volume Don Soar 2,260% Reach $118M, Boost XRP Bullish Case
Within six months, tokenized real-world assets for XRP Ledger jump 2,260% from $5 million for January to $118 million come July. This jump dey fuel by partnerships with Archax, Abrdn, Guggenheim Treasury Services, Ondo Finance, and Mercado Bitcoin wey plan add another $200 million. This surge show how XRPL dey grow for blockchain tokenization, supported by im EVM sidechain with over 1,300 smart contracts, over 120 tokens, plus the launch of Ripple USD (RLUSD). XRP dey trade around $3.50, up 21% last week and 66% for one month, with market cap topping $200 billion because of dey wait for spot ETF, better regulatory clarity, and Ripple’s SEC settlement chances. Technical indicators show strong bullish momentum, key support dey $3.30–3.40 aiming for breakout to $4.60–4.70, but if e drop below $3.30 e fit fall back to $3.00–2.75. Traders suppose dey watch RWA inflows, EVM network adoption and ETF developments for more upside triggers.
Bullish
Di dramadiks 2,260% surge for tokenized RWAs for XRPL, dey combine with major institutional integrations plus plans for further $200 million tokenization, e make pipo believe well-well for network growth and utility, wey dey ginger demand for XRP. Together with EVM-sidechain expansion, RLUSD launch, spot ETF prospects and regulatory clarity wey dey boost market feeling, technical indicators dey confirm say bullish momentum strong. For short term, traders fit cash out as prices break key resistance and dem fit dey watch support for $3.30–3.40; long-term holders go enjoy from fundamental upgrades and growing use cases, wey show say XRP pressure go still dey push up.