While the crypto market cooled today, XRP slipped below $3, but Rippleโs ecosystem is buzzing with potential ๐. A Ripple executive highlighted the XRP Ledgerโs suitability for tokenizing real-world assets, sparking speculation of trillions in value flowing to XRP in the future ๐ฐ. Thailandโs new crypto-to-baht payment system, launched August 18, also boosts XRPโs real-world utility for cross-border transactions ๐. Despite todayโs bearish market, with Bitcoin testing $115,000 and over $400 million in liquidations, XRPโs long-term outlook remains strong due to regulatory clarity and institutional interest ๐. The broader marketโs downturn, driven by Fed uncertainty and South Koreaโs lending ban, hasnโt dampened enthusiasm for XRPโs practical applications. Traders are watching for a potential breakout above $3.50 if altcoin momentum picks up. Keep XRP on your radar for its unique use case! ๐
