XRP Holds Above $1.50 as Brazil Integrates XRPL Into Financial Infrastructure
- —XRP trades near $1.52, above its daily 100-period SMA of $1.2285
- —First major resistance sits at $1.6461, followed by $1.7538 and $1.8191
- —CSD BR is integrating XRPL for asset recording, starting with BTG Pactual fund shares
- —Active XRPL addresses rose from 28K to 37K, transfers from 370K to 470K
Why it matters: The XRPL integration gives the network a real institutional use case in Brazil, though it does not guarantee direct inflows into the XRP token.
Source: CoinCodex