$XRP has been a hot topic in recent crypto news, driven by significant developments and market activity. Recent highlights include a surge in tokenized finance, as Ripple partnered with Archax to launch the first-ever tokenized money market fund on the XRP Ledger. This initiative aims to reshape institutional finance, signaling increased adoption of XRP's blockchain technology【351†source】【352†source】.
From a market perspective, XRP recently experienced high inflows, with investment products tied to the token seeing a 353% weekly increase in fund flows. The total open interest for XRP futures has also reached a record $2.6 billion, indicating strong interest from investors. Despite this, some analysts caution against overbought conditions, as XRP's RSI and other technical indicators suggest a possible short-term correction【352†source】【353†source】.
In the long term, many analysts remain bullish on XRP due to Ripple's ongoing efforts to expand its network and utility, including a 46% growth in active XRP Ledger nodes this year. However, as always, market conditions and regulatory news will play a critical role in determining its trajectory【352†source】【353†source】.