XRP is approaching the psychological level of $1.00 for the first time since November 2024, under significant selling pressure despite bitcoin’s relative stability around $64,000. The XRP Ledger network has seen nearly 400% growth in tokenized real-world assets, reaching $4.4 billion, primarily driven by Argentina’s Justoken with its JMWH tokenized electricity asset representing 51% of the network. Ripple secured a full MiCA license in early July, allowing regulated banks, fintechs, and corporates to access its payments infrastructure across all 30 EEA countries. Spot XRP ETFs recorded their fourth consecutive green week, but with extremely slim net inflows of just $1 million, with some trading days seeing zero flows. Despite this decline toward $1.00, analysts maintain ambitious bullish targets reaching as high as $50 in case of a rebound.
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