Ripple Launches XRPL Accelerator in APAC with Tenity: Startups focused on DeFi, RWA tokenization, and AI can receive up to $200K in funding.
XRP Eyes Breakout as Price Targets $2.60: XRP breaks key resistance at $2.25; next targets are $2.35 and $2.43 if bullish momentum continues.
Ripple has just announced a big development for the XRP Ledger (XRPL) community in the Asia-Pacific (APAC) region. Partnering with Tenity Global, Ripple is set to launch an XRPL Accelerator Program aimed at supporting blockchain startups and developers across APAC.
The program will run for 12 weeks and focus on some of the hottest sectors in crypto right now: real-world asset (RWA) tokenization, institutional decentralized finance (DeFi), and AI-powered blockchain applications. Selected projects could receive up to $200,000 in funding to help bring their ideas to life.
Ripple’s APAC Managing Director, Fiona Murray, opened up about Singapore’s growing status as a leader in digital innovation, saying this accelerator will help unlock new talent and practical use cases on the XRP Ledger.
XRP Price Outlook: Signs of a Short-Term Breakout
Meanwhile, XRP’s price action is showing some strength in line with broader crypto market movements. As Bitcoin, Solana, and Ethereum enjoy short-term gains, XRP too has started to push higher.
XRP recently broke above a key resistance level around $2.25.If this breakout holds, the next target zone lies between $2.31 and $2.35.
If XRP can close a daily candle above $2.35, it could rally further towards $2.43-$2.44, and possibly test recent highs near $2.60. That would represent about a 10% upside move from current levels.
As always in crypto, Bitcoin’s price direction tends to influence altcoins like XRP. With the crypto market looking a bit more bullish in the short term, XRP traders and holders might see some positive price action ahead, as long as Bitcoin holds its ground.
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FAQs
XRP could reach up to $5.81 in 2025, supported by institutional demand and Ripple’s growing global adoption.
By 2030, XRP is forecasted to trade between $17.00 and $26.50, depending on market trends and adoption rates.
XRP could trade between $97.50 and $179.00 in 2040 if utility grows and crypto becomes widely accepted globally.