XRP rangebound as RWA TVL jumps 23% and overtakes Solana
XRP price has traded in a narrow range this month despite strong on-chain and institutional flows. The XRP token was around $1.42, roughly 15% below its monthly high, while broader crypto benchmarks (BTC ~ $68k, ETH < $2k) have also been rangebound. Key positives for the XRP ecosystem: the network’s real-world asset (RWA) total value locked (TVL) rose ~23% over 30 days to about $2.0 billion, surpassing Solana’s ~$1.7 billion and outpacing networks like Polygon and Stellar. Development activity includes the launch of a Permissioned DEX and domain services on the XRP Ledger, aimed at compliant institutional RWA participation. Spot XRP ETFs added ~$48.5 million this month (vs. $15M in January), while Bitcoin and Ethereum ETFs saw outflows. Technicals look bearish: daily XRP sits below major moving averages, Supertrend and the Murrey Math pivot at $1.5625, with a gravestone doji on Feb 15. The likely near-term scenario is downside pressure toward the YTD low near $1.12 unless price reclaims key resistance. Primary keywords: XRP, RWA TVL, XRP ETF, price analysis; semantic terms: Permissioned DEX, tokenization, Murrey Math. Traders should weigh strong fundamental on-chain growth and ETF inflows against weak price action and bearish technical setup when sizing positions and planning risk management.
Neutral
The report presents mixed signals. Bullish fundamentals: XRP’s RWA TVL climbed ~23% to ~$2.0B, overtaking Solana, and spot XRP ETFs added material inflows this month. Development milestones (Permissioned DEX, domain launches) improve long-term utility and institutional accessibility. Bearish technicals and market context: XRP price is rangebound and below key moving averages, Supertrend and Murrey Math pivot ($1.5625), with a bearish gravestone doji — suggesting short-term downside risk toward $1.12. Broad market inertia (BTC and ETH consolidating) reduces the likelihood of a decisive breakout. For traders this implies a neutral-to-cautious stance: fundamentals support medium-to-long-term bullish narratives (tokenization, institutional adoption), but short-term price action and technicals favor caution. Recommended approaches: wait for a confirmed reclaim of major resistance or bullish on-chain flows before adding leverage; use tight stops if trading bounces and consider position sizing that reflects event-driven ETF flows and on-chain TVL growth. Similar past cases: assets with strong on-chain growth but weak price momentum (e.g., certain DeFi tokens during market consolidations) often required a macro catalyst (BTC trend change or large inflows) to resolve direction — otherwise they oscillated within a range for weeks.