Ripple

Key Insights:

  • Ripple will store tokenized real estate deeds for Dubai Land Department on XRP Ledger.
  • XRP trades at $2.93, showing a breakout structure similar to its 2017 bull run.
  • Ctrl Alt becomes Ripple’s first licensed custody partner in the UAE.

Ripple has expanded its presence in the Middle East through a new partnership with Ctrl Alt and the Dubai Land Department. The deal will enable secure storage of tokenized property deeds on the XRP Ledger. This development is part of Dubai’s growing push to digitize and tokenize real-world assets.

Ctrl Alt, recently licensed by Dubai’s Virtual Asset Regulatory Authority, will manage token issuance and on-chain storage infrastructure. Ripple will provide institutional-grade custody support for the real estate assets. The initiative allows fractional property ownership and global investor participation.

Ripple now enters the UAE’s real estate sector, enabling regulated blockchain-based ownership transfers. The project integrates Ripple’s custody technology with Dubai’s tokenization roadmap. The platform ensures transparency and security for all parties involved.

XRP Price Pattern Strengthens as Policy Support Looms

At press time, XRP is trading at $2.93, reflecting a 3.53% gain in the past 24 hours, as per CoinMarketCap. The market cap stands at $173.37 billion, with over 59 billion XRP in circulation

Meanwhile, a monthly chart from analyst Steph shows a six-month symmetrical triangle forming in 2025, nearly identical to the 2017 pattern before XRP surged. The token is forming higher lows and tightening price action, typically signaling an upward breakout. If this pattern continues, he expects XRP to retest or exceed its previous all-time high.

XRP Price Analysis | Source : XMarket optimism has grown ahead of major U.S. legislation expected to impact crypto markets. The House has scheduled a vote for July 17 on four key bills, including the Digital Asset Market Clarity Act and the GENIUS Act. According to Polymarkets, there’s a 93% chance the GENIUS Act will pass, which could trigger a significant XRP price breakout.

The proposed laws aim to clarify digital asset regulations, restrict central bank surveillance, and establish innovation incentives. If passed, they would signal strong federal support for crypto markets. This backdrop of regulatory clarity combined with Ripple’s expansion supports a bullish outlook for XRP and the broader sector.

| | | --- | | DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |

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