XRP Ledger Gains Momentum as Mercado Bitcoin Plans $200M Tokenization Push

XRP Ledger (XRPL) is drawing renewed investor attention as Mercado Bitcoin, one of Latin America's largest digital asset platforms, launches a massive tokenization initiative. The company announced plans to tokenize over $200 million worth of permissioned real-world assets (RWAs), including fixed-income and equity instruments, on XRPL. This move marks one of the most significant tokenization efforts in the region and is central to Mercado Bitcoin’s international strategy to boost regulated digital asset access in South America and Europe.

This development could prove pivotal for XRP, which has been consolidating amid recent market volatility. Traders are now eyeing this real-world asset integration as a potential trigger for renewed bullish momentum. Analysts believe that continued capital inflows into XRPL-based RWA projects may increase utility-driven demand for XRP, supporting long-term price appreciation.

At press time, XRP is trading at $2.22, down 0.7% in the last 24 hours. However, crypto analyst Ali identified $2.38 as the critical resistance level to watch. A breakout above this threshold—closely aligned with the 200-day simple moving average (SMA)—could ignite a rally toward $2.65 and possibly the $3 mark.

As XRP approaches $5 billion in trading volume again, investor sentiment remains cautiously optimistic. The success of Mercado Bitcoin’s $200M tokenization initiative may provide the narrative momentum XRP bulls have been waiting for. If the price breaks above key technical barriers, it could signal the start of XRP’s next upward leg, fueled by increasing adoption of XRPL in global asset tokenization.

With Latin America emerging as a hub for real-world asset tokenization, XRP Ledger’s expanding use case could significantly reshape its market trajectory.