XRP nears $1.50 resistance as Ripple's institutional adoption boosts market confidence.

XRP is testing a key resistance zone between $1.47 and $1.50, showing stronger buyer confidence and less selling pressure than before. Ripple's expansion in institutional services, including a $200 million funding facility and increased demand for prime brokerage after acquiring Hidden Road, supports this momentum. Additionally, a tokenized Treasury settlement involving Ripple, JPMorgan, Mastercard, and Ondo has strengthened XRP's role in tokenized finance. Traders are watching for a breakout above $1.50 that could push XRP toward $1.60, with support around $1.43 to $1.45 critical to maintaining gains.