XRP Price Eyes Powerful $1.49 Breakout as Ripple Joins DTCC

XRP price is facing resistance despite Ripple’s reported involvement in the DTCC’s tokenization initiative, while fading technical momentum suggests the token needs to overcome key levels before a sustained recovery can take hold. As of press time, XRP is changing hands at $1.3040, a 0.24% decline over the last 24 hours. Ripple Prime’s reported role in the DTCC’s tokenization initiative gives the market outlook an institutional dimension, although the announcement does not confirm that XRP itself will be used directly in the initiative. Also Read: XRP Exchange Reserves Hit Yearly High as Binance Open Interest Falls 15.8% In an X post, Amonyx drew attention to the development, noting that Ripple Prime is joining the DTCC’s tokenization initiative, which is slated to launch this month and involves $114 trillion in assets…

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