Ripple Powers Dubai’s Tokenized Real Estate Boom 🏙️🔗🏡
XRP is heating up, nearing its all-time high of $3.40 as bullish momentum sweeps across altcoins.
Ripple has partnered with Ctrl Alt to drive Dubai Land Department’s first real estate tokenization initiative, leveraging the XRPL’s secure and scalable blockchain infrastructure.
With over 1,300 smart contracts, 160 coins, and 17,000 new addresses, Ripple’s XRPL EVM Sidechain is gaining strong traction — especially in the Middle East.
On the charts, XRP bounced from the $2.80 support level and surged to around $3.24 by Thursday, briefly touching $3.29. Technical indicators remain bullish, pointing toward a potential breakout into a new price discovery zone.
Reece Merrick, Ripple’s Managing Director for MENA, highlighted the importance of XRPL’s institutional-grade utility, stating the Dubai Land Department’s decision confirms Ripple’s growing role in real-world asset tokenization.
A confirmed break above $3.40 could spark the next leg up — while a rejection might drag prices back to the $2.80 zone.
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