Ripple Boosts XRPL Funding with New Grants and Investments

Ripple has made significant strides in expanding its support for the XRP Ledger, with the introduction of new grants and investments aimed at driving growth. The initiative targets compliance-first DeFi applications, real-world asset tokenization, and enterprise-grade blockchain solutions.

By prioritizing regulated DeFi apps and tokenization frameworks, Ripple is positioning XRPL as a scalable, enterprise-ready network aligned with global financial standards.

The move follows a recent price decline that saw XRP drop to $1.20 in early February before rebounding. The token has since consolidated near $1.40, with immediate resistance at $1.50 and a stronger ceiling around $1.60.