XRP Positioned as Top Investment for Tokenization Wave by Bitwise CIO
In a bold endorsement, Bitwise Chief Investment Officer Matt Hougan has identified XRP as the premier cryptocurrency to leverage the explosive growth in asset tokenization. His weekly investment memo highlights a transformative multi-trillion-dollar opportunity as global financial markets increasingly adopt blockchain infrastructure. This perspective gains substantial weight with BlackRock CEO Larry Fink's public support for tokenized traditional assets, signaling unprecedented institutional validation. The analysis focuses on the $257 trillion combined stock and bond markets now ripe for blockchain disruption, with XRP's technical architecture and established cross-border payment networks positioning it uniquely to capture this seismic shift. Dated 2025-07-28, this outlook arrives as major financial institutions accelerate real-world asset (RWA) tokenization pilots, potentially catalyzing XRP's next growth phase.
Bitwise CIO Advocates XRP as Prime Play for Tokenization Boom
Bitwise Chief Investment Officer Matt Hougan positions XRP as the optimal investment vehicle to capitalize on the burgeoning tokenization sector. In his weekly memo, Hougan outlines a multi-trillion-dollar opportunity as traditional assets migrate to blockchain infrastructure.
BlackRock CEO Larry Fink’s endorsement of asset tokenization lends institutional credibility to the trend. The combined $257 trillion stock and bond markets dwarf even the projected $2 trillion stablecoin market by 2030, signaling transformative potential for blockchain interoperability solutions.
Ripple Price Prediction For July 10
XRP surged over 5% in the past 24 hours, trading NEAR $2.42 as it retests a crucial resistance zone between $2.31 and $2.36. A decisive close above $2.36 could propel the token toward $2.44–$2.45, with $2.61–$2.62 emerging as the next bullish target.
Technical patterns present mixed signals. The formation of a rising wedge on shorter timeframes suggests potential downside if XRP breaches $2.27, possibly triggering a retreat to $2.21–$2.17 support levels. Market analysts caution that despite the upward momentum, subdued trading volumes raise concerns about the sustainability of this move.
Ripple CEO Highlights Regulatory Clarity Need at Senate Hearing Following XRP Legal Victory
Ripple CEO Brad Garlinghouse emphasized the urgent need for clear cryptocurrency regulations during a U.S. Senate hearing, framing last year's court victory against the SEC as a watershed moment for the industry. The executive detailed how regulatory ambiguity has forced innovation offshore while showcasing Ripple's cross-border payment solutions using XRP.
Garlinghouse's testimony revealed a stark reality: over 90% of Ripple's business now operates outside U.S. jurisdiction due to the hostile regulatory environment. The blockchain firm maintains 15 global offices supporting financial institutions with real-time settlement infrastructure, yet faces continued headwinds in its home market.
The hearing produced no immediate policy changes but marked a strategic opportunity to educate lawmakers. "When regulation by enforcement becomes the norm, everyone loses," Garlinghouse stated, referencing Ripple's three-year legal battle that culminated in a favorable 2023 ruling.
Pro-XRP Lawyer John Deaton Sues Linqto for Allegedly Misleading Crypto Investors
Prominent XRP attorney John Deaton has initiated a class action lawsuit against Linqto founder William Sarris, alleging fraudulent sales of unlicensed private company shares. Filed on July 9, the suit claims Sarris employed deceptive tactics—including 60% undisclosed markups and misleading regulatory exemptions—to sell stakes in crypto firms like Ripple, Uphold, and Kraken through Linqto's platform.
The case targets restitution for retail investors affected by Linqto's bankruptcy, emphasizing violations of investor protection laws despite prior warnings from the SEC and FINRA. Deaton's action seeks full financial recovery, challenging the platform's opaque pricing and unlicensed sales practices that allegedly exploited thousands of users.
