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XRP Price Surge Eyes $2.54 as Ondo Finance Launches U.S. Treasuries on XRP Ledger

  • XRP, the fourth-largest cryptocurrency, is trading at $2.32, up 2% with momentum from Ondo Finance launching US Treasuries on the XRP ledger.
  • Institutional adoption through tokenized US Treasuries on the XRP ledger offers low-risk investments with low costs and fast settlements.
  • XRP price analysis shows a surge of nearly 1%, aiming at the $2.54 resistance with positive technical indicators.
  • ONDO token follows a V-shaped reversal nearing the $0.91 Fibonacci level despite a weak intraday pullback.
  • Technical indicators suggest a potential ONDO bullish trend continuation towards $1.13 with strong supports at $0.75 and $0.70.

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