XRP Gains Appeal as Institutions Eye Blockchain Asset Tokenization
- Retail Investor Interest: Nancy Beaton, President of Uphold U.S., states that retail investors are increasingly seeking to earn yield from holding XRP, indicating a growing demand for income-generating digital assets in the blockchain market.
- Institutional Shift to Blockchain: Beaton highlights that banks and large financial firms are eager to move real-world assets onto blockchain to reduce the high costs and delays associated with traditional transfers, with XRP transactions costing less than a penny and taking only 3 to 5 seconds.
- XLS-66 Lending Protocol: The XLS-66 lending protocol on the XRP Ledger requires 80% validator support to go live; however, XRP holders can still earn interest through the automated market maker (AMM), which enhances demand for XRP as a yield-bearing asset.
- Progress in Asset Tokenization: Companies like Archax have launched tokenized assets on XRPL, with plans to add $1 billion in tokenized assets by mid-2026, reflecting growing confidence in XRP and its expanding role in the financial sector.
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Technical Analysis for ONDO
Technical Sentiment Analysis for Ondo (ONDO). As of , Ondo (ONDO) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 4 indicators are flashing buy, while 1 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for ONDO stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, ONDO is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Ondo (ONDO) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.184 | 0.259 | 0.327 | 0.401 | 0.469 | 0.544 | 0.612 |
| Fibonacci | 0.259 | 0.313 | 0.347 | 0.401 | 0.456 | 0.489 | 0.544 |
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