XRP Price Consolidates Amidst Market Volatility
The cryptocurrency market has been experiencing significant volatility in recent weeks, with major tokens like Bitcoin and Ethereum struggling to regain their previous highs. Amidst this backdrop, the XRP price has remained relatively stable, hovering near $1.42.
However, the XRPL real-world asset tokenization value has seen a significant increase, climbing to over $2 billion as of February 22. This growth is attributed to the launch of new tools aimed at regulated participation on the XRPL network, such as Permissioned Domains and Permissioned DEXes.
Additionally, spot XRP ETFs have continued to attract net inflows, with a total of $4.05 million flowing into these funds on February 19 alone. This trend is reflected in the combined assets under management of over $1 billion and approximately 790 million XRP locked across seven active ETFs.