TLDR XRP Ledger now holds over $1 billion in tokenized assets, more than double previous estimates Over $1 billion in assets added during December were not capturedTLDR XRP Ledger now holds over $1 billion in tokenized assets, more than double previous estimates Over $1 billion in assets added during December were not captured

XRP Price: Exchange Supply Dries Up While Ledger Crosses $1 Billion Milestone

TLDR

  • XRP Ledger now holds over $1 billion in tokenized assets, more than double previous estimates
  • Over $1 billion in assets added during December were not captured by existing analytics dashboards
  • Exchange supply of XRP has dropped to multi-year lows as investors move coins to self-custody wallets
  • XRP is trading at $1.89 with key resistance at $2.35 that could trigger a breakout
  • Lower exchange supply reduces selling pressure and creates tighter market conditions

The XRP Ledger has crossed $1 billion in tokenized assets, according to updated data from Ripple core team member Luke Judges. The figure represents more than twice the amount previously reported by tracking platforms.

Over $1 billion in assets were added to the ledger in December alone. These assets were not captured by existing dashboards as analytics provider RWA.xyz works to index holdings from Ripple partners.

The correction shows the XRP Ledger has made faster progress in the tokenization space than market participants realized. The network now hosts a growing amount of traditional financial assets operating on blockchain infrastructure.

Exchange Balances Hit Multi-Year Lows

XRP balances on centralized exchanges have fallen to their lowest levels in years. Market analyst Diana reported the decline, citing on-chain data that tracks coin movement between exchanges and private wallets.

Investors are moving XRP off exchanges and into self-custody wallets. This pattern typically indicates holders expect higher prices or stronger fundamentals ahead. Coins held in private wallets are less likely to be sold quickly compared to those sitting on exchanges.

xrp priceXRP Price

XRP is currently trading at $1.89. The price has held above $1.90 multiple times during recent consolidation, establishing that level as a reliable support zone.

Technical Setup Points to Potential Breakout

The token has been trading in a descending triangle pattern for six months. Technical indicators suggest this consolidation phase may be ending.

The MACD indicator is flattening and moving toward a potential bullish cross above its signal line. The RSI remains below 50 but has formed higher lows, showing underlying strength building in the market.

A break above $2.35 would confirm a breakout from the current pattern. That move could target $3.70, representing a 90% gain from current levels.

Further upside could reach $5 if momentum continues. This would mark a 160% increase from the current price.

Supply Dynamics Create Tighter Market

Lower exchange supply changes how XRP trades. When fewer coins are available on exchanges, large sell orders become harder to execute without moving the price.

This creates a supply-demand imbalance. Rising demand must compete for a smaller pool of available tokens. The result is often sharper price movements in either direction.

The consistent drop in exchange balances indicates long-term accumulation rather than short-term trading. This pattern has preceded strong upward moves in other cryptocurrencies when similar conditions developed.

Self-custody activity reflects investor confidence in XRP’s role in cross-border payments and liquidity solutions. Clearer regulation and growing institutional interest are driving increased trust in the asset.

The combination of declining exchange supply and growing on-chain tokenization activity is reshaping XRP’s market structure. With $2 billion now tokenized on the ledger and exchange balances at multi-year lows, the groundwork for a potential price move is in place.

The post XRP Price: Exchange Supply Dries Up While Ledger Crosses $1 Billion Milestone appeared first on CoinCentral.

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