XRP maintains key support at $3.21 as XRP Ledger tokenized assets surge to $243M, aided by adoption and legal clarity.
XRP has maintained key technical support levels while the XRP Ledger recorded strong growth in tokenized assets during the past month. The latest on-chain data and market analysis suggest steady conditions as traders await the next major price movement.
XRP Ledger Sees Growth in Tokenized Assets
Data from Real World Asset Watchlist showed that the XRP Ledger’s tokenized asset value rose by 32.27% over the last 30 days. This increase brings the total to more than $243 million, placing the network ahead of several large blockchains in this category.
🚨 BREAKING: XRP Ledger has recorded +32.27% RWA growth in the past 30 days — outpacing major blockchains.
Now holds over $243M in tokenized assets. 🔥 pic.twitter.com/JAOmABOGbe
— Real World Asset Watchlist (@RWAwatchlist_) August 11, 2025
The tokenized assets on the XRP Ledger include various real-world assets such as commodities, currencies, and other instruments represented digitally.
Analysts note that this expansion may reflect growing adoption of blockchain-based settlement solutions by institutions. Market participants are watching to see if this growth trend will continue over the coming months.
Technical Levels Remain in Focus for Traders
CasiTrades, a market analyst, showed that XRP recently dipped to around $3.17, touching the 0.5 Fibonacci retracement level. Price action then recovered to the $3.21 support level, which has been tested multiple times without a decisive breakdown.
🚨 XRP Holding Support as Market Awaits Breakout! 🚨
Over the weekend $XRP saw a slight pullback, dipping just under the critical $3.21 support level. Price action reached the .5 Fib retracement at ~$3.17 before finding support. Since that point, XRP has been struggling to… pic.twitter.com/xD4ym5aOOw
— CasiTrades 🔥 (@CasiTrades) August 11, 2025
CasiTrades spotted a bullish divergence, indicating momentum has been growing despite multiple tests of support.
Analysts watch for a firm move above $3.21, which could pave the way toward higher resistance levels. The invalidation point sits at $3.10, and dropping below it could alter the short-term perspective.
Legal Resolution Brings Regulatory Clarity
The U.S. Securities and Exchange Commission (SEC) recently settled its lawsuit against Ripple, the company that issues XRP.
This development followed the SEC’s decision to withdraw its appeal against a 2024 court ruling, which had determined that XRP is not a security when traded on public exchanges.
The legal dispute began in 2020, when the SEC alleged that Ripple sold XRP in a manner that violated securities laws. Ripple agreed to pay a $125 million penalty after the 2024 ruling, but the case continued through the appeal process until the withdrawal last week.
The settlement is expected to give Ripple greater operational certainty and remove a long-standing source of uncertainty for market participants.