The call has focused attention on a possible move towards $10, a level that would require XRP to rise more than sevenfold from about $1.42, where it has been trading with a market value near $88 billion. Such a move would imply a valuation above $600 billion on the current circulating supply, placing the target well beyond ordinary technical momentum and firmly inside a scenario dependent on major capital inflows, wider tokenisation use and a strong crypto market cycle.
X Finance Bull’s argument rests on a broader shift in the XRP Ledger’s profile. Once viewed mainly through the lens of Ripple’s payments business and its long legal battle in the United States, XRPL is gaining attention as a network for tokenised real-world assets, stablecoin settlement and institutional-grade transfers. Data tracking tokenised assets show XRPL with represented real-world asset value of about $3.57 billion, up more than 60 per cent over 30 days, alongside roughly $368 million in distributed asset value. The network also hosts more than 300 tracked RWA assets, while stablecoin value on the ledger stands above $520 million.
That growth has helped lift XRPL in rankings that compare blockchains used for tokenised treasuries, funds, credit products and other financial assets. The improvement matters because real-world asset tokenisation is one of the clearest institutional use cases in digital assets, attracting banks, asset managers and fintech firms looking to move securities, cash equivalents and settlement records on-chain. XRPL’s supporters argue that its low fees, fast settlement and built-in token issuance functions give it an advantage over networks that depend heavily on smart contract layers.
The market case for XRP, however, remains more complex than bullish social media forecasts suggest. Higher RWA activity does not automatically translate into higher XRP prices. Tokenised assets can move across the ledger without requiring the kind of sustained XRP buying pressure that would justify extreme price targets. XRP is used for transaction fees and reserve requirements, but the scale of price impact depends on liquidity demand, asset issuance structures, market makers and whether institutions choose XRP as a bridge asset rather than merely using the ledger’s infrastructure.
Legal clarity has improved since the end of Ripple’s litigation with the US Securities and Exchange Commission. The case left a mixed but market-relevant outcome: XRP sales on public exchanges were not treated as securities transactions, while certain institutional sales by Ripple breached securities law. Ripple agreed to pay a $125 million penalty, and an injunction on institutional sales remains a constraint. The end of the courtroom overhang removed one of XRP’s largest risks, but it did not erase regulatory scrutiny around how digital assets are marketed, sold and used by institutions.
Ripple has also moved to strengthen its institutional position through stablecoin and brokerage infrastructure. Its RLUSD stablecoin has become a growing part of XRPL activity, and the company’s push into prime brokerage and settlement services is aimed at linking digital assets with traditional market participants. These developments support the argument that XRP’s ecosystem is more mature than during earlier retail-led cycles.
XRP’s current price action still shows caution. The token is far below its all-time high of about $3.84, reached during the 2017-18 cycle, and has struggled to hold decisive upside momentum despite periods of strong trading volume. A move to $10 would require a break above several psychological and technical levels, including the prior peak, followed by sustained demand from both retail traders and larger institutional accounts.
Arabian Post – Crypto News Network
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