Securitize adds Wormhole for multi-chain RWA tokens
Easier cross-chain transferability for RWAs is crucial to institutional adoption, executives say.
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Easier cross-chain transferability for RWAs is crucial to institutional adoption, executives say.
Current 30-year fixed mortgage rates in the United States are close to 7%, as younger individuals struggle to purchase property.
It joins Grayscales suite of more than 20 crypto investment products.
High-net-worth individuals and private equity funds will drive adoption, said Colin Butler.
According to researcher Tom Wan, tokenized United States Treasury funds could see $3 billion in capital investment by the end of 2024.
The asset manager is considering expanding tokenized securities to the Ethereum mainnet and other EVMs, its digital assets head told Cointelegraph.
The real-world asset tokenization market is projected to reach $2 trillion by 2030 despite a rocky start, according to McKinsey & Company.
Memecoins, RWA and ARI captured 36% of all CoinGecko web traffic categories in the second quarter of 2024.
XRP analyst Egrag Crypto, who is well-known for offering bullish predictions about the altcoin, has now drawn the crypto communitys attention to another altcoin, XDC. The analyst predicts this crypto token could also witness a remarkable surge and enjoy up to a 3,350% gain as bullish metrics emerge. XDC To Rally To $2 As Indicators Turn Bullish In an X post, Egrag Crypto stated that XDC will rally to $1 and then easily surge to $2. This came as he remarked that the altcoins chart looks amazing. First, the XRP analyst noted that the RGB (Red-Green-Blue) indicators perfectly align with the XDC token. Based on this, he asserted that the next move for the altcoin could be a 10x pump. Related Reading: Fartcoin Reaches Critical Make-Or-Break Level: Analyst Reveals What Could Happen From $0.77 This XDC price surge is expected to target the Fibonacci levels between 1.414 and 1.618, rallying to between $0.50 and $0.80. The XRP analyst remarked that this is still below the previous cycles blow-off top, when the token soared by 3,350%. He expects XDC to replicate this explosive move, potentially surging to the $2 target. The XRP analyst alluded to the Stochastic Relative Strength Index (SRSI) as another bullish indicator. He revealed that the SRSI is waving bullish signals. The analyst admitted that there is still a long road for XDC to reach and sustain RSI levels above 80, but claimed that the momentum is definitely on the bulls side. In line with this, Egrag Crypto asserted that big moves could just be around for the altcoin. The Bearish Angle For The Altcoin The XRP analyst also provided a bearish angle for the XDC price. He revealed that the 21 Exponential Moving Average (EMA) is on the verge of crossing below the 33 Moving Average. If that happens, the analyst warned that it could turn super bearish. Related Reading: Altcoin Season In Danger If Bitcoin Dominance Closes April Above This Level However, he added that this crossover will most likely be avoided and that there could be a blow-off top before the inevitable retracement. The analyst also urged market participants to be attentive as the sharp move higher would come unexpectedly before a big crash to the downside. From a fundamental perspective, XDCs outlook also looks bullish. The XDC network just officially joined the MiCA alliance, which is a major step forward in aligning blockchain innovation with regulatory clarity in Europe. The team stated that the network is deeply committed to compliance, transparency, and building long-term trust. Like Ripples offering using XRP for cross-border payments, XDC is a layer-1 that offers real-world applications like trade finance, cross-border payments, and RWA tokenization. At the time of writing, the XDC price is trading at around $0.07, up over 1% in the last 24 hours, according to data from CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com
Following the XRP price’s stellar performance in the current bull cycle, a crypto analyst has now predicted that the value of the third-largest cryptocurrency could soon soar to $10 or more in 2025. This bullish projection is backed by several key factors expected to drive strong demand and boost global adoption. Factors That Could Push XRP Price To $10 Unlike past cycles, when XRP pumped toward the tail end of the bull market, this time, it has emerged as one of the top-performing altcoins early on. Expanding on this impressive performance, X (formerly Twitter) crypto analyst and XRP supporter Edo Farina has shared a video analysis of the cryptocurrency, predicting the tokens potential price outlook and outlining different factors that could drive this surge. Related Reading: Analyst Says These Factors Will Drive XRP Price To $1,000, But What Does Market Cap Say? The analyst has highlighted the influence of Bitcoin Dominance (BTC.D), which he sees as a critical indicator for altcoin movements. According to him, BTC.D currently remains relatively high. However, historically, the dominance dropped from 40% to 30%, marking the onset of the altcoin season. This expected drop in Bitcoin’s Dominance could serve as the trigger for a broader altcoin market breakout, positioning the XRP price for a potential 4X rally from current levels. According to Farina, a 4X jump from $2.39 could easily propel XRP toward the $10 mark. Key to this optimism and bullish outlook is the recent resolution of the lawsuit between the US Securities and Exchange Commission (SEC) and Ripple. With legal battles seemingly behind it, XRP is no longer classified as a security in the US, giving Ripple the green light to offer the token to financial institutions. Farina has suggested that this newfound regulatory clarity is expected to bolster investor confidence and lay the groundwork for global adoption. Achieving a $10 price point will also require more than a shift in market sentiment. Farina explains that it will depend heavily on XRPs integration into the global financial system. The analyst argues that XRP must become the cornerstone, especially in cross-border payments and Real World Asset (RWA) tokenization. Ripple has already taken significant steps in this direction, reportedly playing a role in the roll-out of the digital Euro. Ripple is also making strategic acquisitions, such as its acquisition of Hidden Road and the potential purchase of Circle, which could exponentially expand its influence in traditional finance. The analyst further notes that the possible launch of XRP ETFs could significantly impact the tokens price dynamics. If approved by the SEC and more ETFs hit the market, investor demand is expected to skyrocket, potentially driving prices toward or even beyond $10 in 2025. How Much Will 1,000 XRP Be Worth In 2025? In his analysis, Farina estimated how much 1,000 XRP could be worth in 2025 if its price surges to $10 and above. At $10, a modest holding of 1,000 XRP would be worth $10,000. Related Reading: XRP Price Still On Bullish Path To $5 As Long As This Level Holds If financial adoption accelerates as Farina projects, XRP could climb well beyond $10, potentially reaching $100. In that scenario, a 1,000 XRP bag could soar to $100,000 profit, potentially offering life-changing returns for long-term investors. Featured image from Getty Images, chart from Tradingview.com
Ripple has drawn widespread attention across the crypto community after releasing a video that began with the Cardano logo. For followers of both XRP and ADA, this moment raised questions and renewed discussions about a potential collaboration between the two blockchain networks. Although Ripple and Cardano have hinted at a partnership in the past, nothing […]
Tokenization offers a blueprint for commodity markets, as it solves genuine problems.
NexBridges new US Treasury bill offering is part of a wider trend in the financial industry, with competitors including BlackRock and Franklin Templeton.
Bitcoins 2024 returns were doubled by the XRP token, following a significant legal victory for Ripple Labs and expectations of the SEC potentially dropping the lawsuit.
The Bitcoin-tied credit line was funded by a consortium of lenders, including Greengage and a long-standing US institution.
Investors in the round include Brevan Howard Digital, Haun Ventures, Lightspeed Faction and Galaxy Ventures.
Digital assets continue to be a tool to address shortfalls in the energy supply chain despite criticism from environmental activists.
Trumps presidency offers a unique opportunity to transform US financial markets through tokenization, but success hinges on reimagining regulatory frameworks.
HKVAX is the first to be licensed under the regions new licensing regime, as 16 more exchanges wait.
Mantra and Damac Group have signed a $1 billion partnership to tokenize real-world assets, enhancing blockchain-based finance in the UAE.
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