Key Insights:
- Made In USA Inc. selects XRP Ledger (XRPL) for product verification and certification.
- Tokenized real-world assets (RWAs) on the network grow from $4 billion to $4.4 billion.
- Traders watch key XRP support as one analyst shares bullish price targets.
XRP Ledger has added another business use case after Made In USA Inc. picked the blockchain for its product verification system. The news comes as the value of tokenized real-world assets (RWAs) on the network rose to $4.4 billion, while traders continue to watch XRP price levels.
XRP Ledger (XRPL) Wins New US Supply Chain Partnership
XRP Ledger (XRPL) has been selected by US supply chain company Made In USA Inc. to support its product verification and certification process. The company said it will use the blockchain to create records that help prove where products come from.
Besides, it would also help confirm that they meet its Made in USA certification standards. Once the information is recorded, it cannot be changed, making it easier to check the history of certified products.
The decision gives the network another business use case outside digital payments. Supply chain companies have been looking for better ways to track goods from production to customers, and blockchain has become one of the tools being tested for that purpose.
Instead of keeping records across different systems, the company plans to store certification details on the blockchain. This gives businesses, sellers, and buyers one place to check product information.
The announcement also shows that companies are still looking at blockchain for practical business needs rather than only for cryptocurrency transactions. Product tracking, record keeping, and verification have become some of the areas where the technology is finding more use.
For XRP Ledger (XRPL), the agreement adds to the list of projects building on the network. It also comes at a time when interest in blockchain-based business services continues to grow across different industries.
XRP Ledger in Focus as RWA Value Climbs to $4.4 Billion
The latest XRP Ledger partnership comes as tokenized real-world assets (RWAs) on the network continue to increase. According to crypto commentator Moon Lambo, the value of tokenized RWAs on the blockchain has grown from $4 billion to $4.4 billion.
That places the network as the fourth-largest blockchain by the dollar value of tokenized real-world assets. Real-world asset tokenization allows assets from outside the crypto market to be represented on a blockchain.
These can include financial products and other assets that can be recorded and transferred digitally. The latest increase suggests that activity on the network is still moving higher.
The new supply chain deal also adds another example of how the blockchain is being used outside its traditional payment role. Taken together, the growth in tokenized assets and the new business agreement point to wider use of the network in different sectors.
XRP Price Stays Focused On Key Support
Amid the XRP Ledger (XRPL) news, traders are also watching where XRP could move next. Market analyst Chetan said the token is approaching a long-term trendline support area between $0.8144 and $0.6954.
He compared the current setup with September 2024, when he bought XRP between $0.40 and $0.60 before the price later gained nearly 750%.
Based on that view, he said he plans to buy again if the price returns to the same support area. His minimum price target is $3.30, while his average target stands at $10.27. He also shared a maximum target of $52 if the market follows his long-term outlook.
At the same time, he said the setup would no longer be valid if XRP records a monthly close below the trendline that has acted as support since 2020. The chart remains only one analyst’s opinion and does not guarantee future price moves.
Even so, many traders will be watching whether XRP can hold above support while the XRP Ledger (XRPL) continues to add new business deals and reports higher real-world asset activity.
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