In the last 24 hours, XRP has attracted the attention of investors and the media due to several key events that could significantly impact its future.
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🏗️ Dubai tokenizes real estate on the XRP Ledger
The Dubai Land Department (DLD) announced the launch of a real estate tokenization platform called Prypco Mint, based on the XRP Ledger. This initiative allows investors to purchase fractional shares in real estate starting from 2,000 AED (approximately 540 USD), with plans to tokenize 7% of Dubai's real estate market by 2033, which corresponds to a value of around 16 billion USD.
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⚖️ Ripple ends dispute with SEC
Ripple Labs has concluded a long-standing dispute with the U.S. Securities and Exchange Commission (SEC), agreeing to a settlement of 50 million USD. This agreement brings greater regulatory clarity for XRP and may pave the way for broader adoption of this cryptocurrency.
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📈 Price forecasts for XRP
Analysts predict that the price of XRP could rise to 8 USD by 2025, considering the current support at around 2.34 USD and positive technical signals.
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📰 Summary
XRP is currently in the spotlight due to strategic partnerships, infrastructure development, and favorable regulatory changes. These factors could contribute to further increases in value and adoption of this cryptocurrency.
