XRP Price Holds $1.84 as Hoskinson Says XRP Leads Tokenization Race

The XRP price remains firm, trading at $1.84, as daily trading volume surged 3% to $1.9 billion, as Cardano founder Charles Hoskinson ignites discussion in the crypto community after stating that XRP and Midnight are well ahead in tokenization.

While criticizing legacy finance’s push on the Canton Network, Hoskinson argued that traditional financial institutions are attempting to replicate systems that XRP and Midnight already operate, but at a much smaller scale. He added that addressing the $10 trillion real-world asset (RWA) market requires a comprehensive end-to-end Web3 strategy, strong partnerships, and an engaged community, noting that such ecosystems cannot be artificially created.

His remarks triggered pushback from Canton stakeholders. Digital Asset CEO Yuval Rooz challenged Hoskinson’s claims and questioned his track record, while Zenith co-founder Heslin Kim dismissed the comments as unfounded. Kim said Canton already has real adoption from major institutions such as DTCC, Broadridge, and Tradeweb, and is not trying to copy XRP or Midnight.

The debate comes as Canton gains traction, with DTCC partnering with Digital Asset to tokenize U.S. Treasury securities. Data from RWA.xyz shows Canton leads with $388 billion in tokenized RWAs, while XRP Ledger and Cardano remain outside the top ten.

XRP Holds $1.84 as Price Signals Potential Bullish Reversal

The XRP price remains firm, trading at $1.84, with daily trading volume up 3% to $1.9 billion, showing steady market interest despite recent price pressure.

On the daily XRP/USDT chart, price action suggests XRP may be stabilizing after a prolonged decline. Following the strong rally earlier in the year, XRP entered a corrective phase characterized by lower highs. This move has now pushed the price into a strong support zone around $1.70–$1.80, where buyers continue to defend the level.

The chart shows a developing rounded bottom pattern, which often signals a potential trend reversal. This formation suggests selling pressure is easing while gradual accumulation is taking place. If confirmed, it could mark the beginning of a recovery phase.

On the upside, XRP faces an important resistance zone between $2.40 and $2.60. A daily close above this area would confirm bullish momentum and could allow the price to target the $3.00 psychological level. Until then, XRP may continue to consolidate as buyers and sellers battle for control.

The Relative Strength Index (RSI) is near 38, indicating XRP is close to oversold conditions. This supports the idea that downside momentum is weakening and leaves room for a potential bounce.

XRP appears to be in an accumulation phase. Holding above the $1.80 support is key. If buying volume continues to improve, XRP could attempt a move higher in the near term, while a loss of support would likely extend consolidation.