What is XRP at today? Well, Dubai is turning real estate into code. Backed by a $16 billion plan built on the XRP Ledger, the city’s new platform will let investors purchase fractional stakes in properties like they do with crypto.

XRP remains sturdy despite the lawsuits and public skepticism. It’s appealing to older investors, banks look past its flaws, and it shows no signs of fading away.

The objective is to transfer property ownership from paperwork to blockchain, aiming to tokenize $16 billion worth of assets by 2033.

Fractional Property Ownership Simplified

The platform, named Prypco Mint, allows UAE residents to invest in Dubai’s real estate with local currency. Developed by the fintech firm Prypco in collaboration with blockchain provider Ctrl Alt, it connects directly to the Dubai Land Department’s framework.

With a minimum investment of only 2,000 dirhams (about $540), this initiative lowers the entry barrier for property investing. Future plans include access for foreign investors and other currencies.

NEW: 🇦🇪 Dubai Land Department Launches FIRST-EVER Real Estate Tokenization Platform On $XRP Ledger! Now allowing residents to purchase fractional shares in properties, with the agency’s initiative for $16 billion in tokenized real estate by 2033!💥📈 — Good Morning Crypto (@AbsGMCrypto) May 26, 2025

Dubai Land Department officials have already integrated tokenization into the city’s real estate registry, which ensures transparency and efficiency. Property title deeds can be updated on the blockchain instantly, making transactions smoother and cutting costs.

Technical Analysis of XRP Price

The decision to utilize the XRP Ledger highlights Dubai’s commitment to speed, sustainability, and credibility within the institutional sector. With the capability of processing 1,500 transactions per second and a low-energy consensus mechanism, XRPL surpasses traditional systems and aligns with eco-friendly objectives. Coupled with Ripple’s banking ties, it’s a perfect fit for regulated real estate tokenization.

Currently trading at $2.30, XRP is just above a crucial support level of $2.27. Although it has faced a two-week downtrend, indications of accumulation by long-term holders hint at a potential recovery.

Support and Resistance Levels

• Support Levels: If Ripple can hold at $2.27, it may steer clear of further declines. A rebound could see prices rise to $2.38, potentially reaching $2.56 if bullish sentiment escalates.
• Resistance Levels: If XRP cannot maintain its position at $2.27, it may drop to $2.12, continuing its downward trend.

A hopeful sign is the increase in the Network Value to Transactions (NVT) Ratio, which has surged recently. Though this generally signals potential overvaluation, XRP’s past cycles show it often rebounds after similar fluctuations.

A Game Changer for Dubai and XRP

Dubai’s adoption of the XRPL for its property sector serves as a practical demonstration of large-scale blockchain implementation. While some overlook XRP due to its lack of explosive growth potential, it is essential for cross-border transactions, a capability that Bitcoin lacks at scale.

Both XRP and Bitcoin will maintain their positions in the long-term market.

EXPLORE: XRP Price Jumps 11% After SEC Crypto Unit Tease XRP ETF Progress

JOIN US: 99Bitcoins News Discord for the Latest Market Updates

Key Takeaways

• Ripple aims to transition property ownership from paperwork to blockchain, targeting $16 billion in tokenization by 2033.
• As XRPL secures its foothold in practical applications like this, market perception may finally catch up to its utility.