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XRP Gains Momentum as Ripple and Tenity Launch XRPL Accelerator Program in Singapore

XRP Gains Momentum as Ripple and Tenity Launch XRPL Accelerator Program in Singapore

Author:
XRP News
Published:
2025-07-21 15:37:17
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Ripple, in collaboration with Tenity, has unveiled the XRPL Accelerator program in Singapore, aimed at nurturing early-stage startups utilizing the XRP Ledger. This initiative offers up to $200,000 in grants, along with mentorship and networking opportunities, to drive blockchain innovation across the Asia-Pacific region. Singapore's thriving fintech ecosystem and forward-thinking regulatory framework make it an ideal hub for this program. As of July 2025, this development underscores Ripple's commitment to expanding the utility and adoption of XRP and the XRP Ledger, potentially fueling further growth in the cryptocurrency's ecosystem.

Ripple and Tenity Launch XRPL Accelerator Program in Singapore to Foster Blockchain Innovation

Ripple has partnered with Tenity to introduce the XRPL Accelerator program in Singapore, targeting early-stage startups leveraging the XRP Ledger. The initiative provides up to $200,000 in grants, coupled with mentorship and networking opportunities, to fuel blockchain development across the Asia-Pacific region.

Singapore's robust fintech ecosystem and progressive regulatory environment made it the ideal choice for this initiative. The city-state's leadership in blockchain adoption positions it as a strategic hub for scaling XRPL-based projects.

Ripple Alters XRP Escrow Strategy with Split July Unlock

Ripple executed a notable departure from its standard escrow release protocol this month, unlocking 1 billion XRP across two tranches rather than the typical single-day distribution. The first 500 million tokens were released on July 1, followed by an identical amount on July 4—a tactical shift that caught market observers off guard.

The staggered release, valued at $2.24 billion, coincides with a 2.78% daily price decline despite XRP's 6% monthly gain. Trading volume contracted 28% to $3.12 billion, suggesting muted immediate market reaction to the altered distribution pattern.

Ripple's escrow management continues evolving, with July seeing only 700 million XRP relocked versus the customary 800 million. This strategic pivot from calendar-based releases to market-responsive allocations may signal a new phase in the company's treasury management approach.

Mercado Bitcoin Partners with Ripple to Tokenize $200M in Assets on XRP Ledger

Brazil's Mercado Bitcoin has forged a strategic alliance with Ripple to tokenize $200 million worth of real-world assets on the XRP Ledger. The initiative will focus on regulated financial instruments, including fixed-income and equity-income products, marking one of Latin America's largest blockchain-based asset tokenization efforts.

Ripple will provide the underlying blockchain infrastructure to ensure secure, compliant onboarding of these assets. The partnership aligns with Mercado Bitcoin's international expansion strategy, targeting both South American and European markets for regulated digital product offerings.

The collaboration aims to enhance institutional access to blockchain-powered financial vehicles across borders. By leveraging XRP Ledger's capabilities, the partners anticipate improved settlement efficiency and broader adoption of tokenized traditional assets among global financial institutions.

XRP Price Poised for Breakout as Technical Patterns and ETF Inflows Signal Upside

XRP's price stability at $2.2378 belies brewing momentum. A symmetrical triangle formation—often a precursor to volatility—hints at a 50% surge toward $3.40 if historical patterns hold. This follows November's 500% rally, reinforcing the bullish thesis.

ETF inflows nearing $160 million underscore institutional interest, while the $1.6147 support level serves as a litmus test for downside risk. Market structure mirrors 2020's pre-breakout consolidation, when XRP gained 650% in six weeks.

DBS Bank Values Ripple at $11.3B, Eyes 2026 IPO Amid Asian Expansion

Singapore's DBS Bank, Southeast Asia's largest financial institution, has pegged Ripple's valuation at $11.3 billion. The blockchain firm's growing momentum in Asia—including its recently launched XRP Ledger Accelerator Program in collaboration with Tenity—signals strategic positioning as a full-stack blockchain provider.

CEO Brad Garlinghouse acknowledges IPO potential by 2026 but emphasizes organic growth remains the priority. Market observers note the timing coincides with Ripple's nearing resolution of its landmark SEC lawsuit, with the company prepared to drop its final appeal.

XRP Traders Eye $10 as Ripple’s U.S. Banking Bid Builds Market Optimism

XRP showed signs of consolidation over the past 24 hours, dipping 1.07% amid global economic uncertainty. Despite the pullback, the cryptocurrency maintains a bullish structure, holding above key support at $2.20. Higher lows across multiple timeframes suggest underlying strength.

Ripple’s regulatory push is fueling long-term optimism. The firm’s application for a U.S. national banking license and a Federal Reserve master account could grant unprecedented access to traditional payment systems. Such a breakthrough WOULD mark a watershed moment for crypto-native firms.

Market participants are increasingly viewing XRP as critical infrastructure for CBDC bridges, with over 50 countries reportedly evaluating its use. ETF speculation adds another LAYER of potential upside, though macro headwinds continue to weigh on digital assets broadly.

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