Ripple announced today that it will support Billiton Diamond and leading tokenization provider Ctrl Alt in tokenizing over AED 1 billion ($280 million) of certified polished diamonds held in the United Arab Emirates. The XRP price prediction suggests this initiative could expand access to diamond investment through Ripple’s institutional-grade blockchain, the XRP Ledger (XRPL), potentially enabling the XRP token to resume its bullish trend toward $2.00 and beyond. Reece Merrick, Ripple’s Managing Director for Middle East & Africa, emphasized the significance, saying that “ the initiative shows how Ripple’s technology can bridge the gap between physical assets and the digital economy, utilizing our enterprise-grade custody solution to secure high-value diamond assets with unrivaled trust and security.” Ripple is proud to support Billiton Diamond and @CtrlAltCo who have tokenized over AED 1 billion ($280m) of certified polished diamonds on the XRPL. This initiative shows how @Ripple 's technology can bridge the gap between physical assets and the digital economy, utilising our… — Reece Merrick (@reece_merrick) February 3, 2026 $1.2B ETF Inflows Drive Institutional Demand Beyond infrastructural expansion, the strongest argument for XRP in early 2026 remains growing institutional demand for Ripple’s token. The most immediate catalyst is the substantial volume of capital absorbed by spot ETFs. Since the debut of the first U.S. spot XRP ETF in November 2025, the institutional vehicle has attracted over $1.3 billion in cumulative inflows. Source: SosoValue This initial phase has functioned as a regulated mechanism that absorbed floating supply while maintaining continual demand for XRP. Analysts suggest this sustained institutional buying pressure could drive a rapid recovery toward the $2.00 level once technical conditions improve. XRP Price Prediction: Overhead Supply Targets $2.00 Breakout The XRP daily chart reflects a market that remains under sustained corrective pressure, with price trading below all major moving averages and struggling to reclaim former support. XRP is currently hovering around the $1.56 area after losing the critical $1.78 support, which now acts as a clear breakdown level. This loss of structure confirms that bearish momentum is still dominant, as price continues to print lower highs and lower lows. Source: TradingView From a trend perspective, the 20, 50, 100, and 200-day EMAs are bearishly aligned overhead, reinforcing the idea that any short-term bounce is likely to face heavy resistance rather than evolve into a trend reversal. The former support near $2.00 has flipped decisively into resistance, with additional overhead supply around $2.11 and $2.33 , which align with prior consolidation zones and the descending moving averages. A recovery toward these levels would require strong volume and a decisive daily close back above $1.78, which currently looks unlikely. Momentum indicators also favor caution. The MACD remains in negative territory with a weak histogram, signaling that bearish momentum is still intact and that bulls lack conviction at current levels. While selling pressure has eased slightly, there is no clear bullish divergence yet to suggest an imminent trend change. As long as XRP remains below $1.78, the downside risk persists, with price vulnerable to a deeper move toward the next major support near $0.70 if broader market weakness continues. Maxi Doge Raises $4.5M To Capture Rotation Capital If XRP reclaims $2.00 and resumes a bullish trajectory, presale projects like Maxi Doge (MAXI) could attract capital from investors pursuing high-ROI opportunities in alternative sectors. Maxi Doge represents an early-stage memecoin following the Dogecoin playbook that generated over 10x returns during the 2023-2024 breakout cycle. The presale has established an alpha channel enabling traders to share strategies and ideas, mirroring community-building tactics from early Dogecoin that cultivated engaged holder bases. The MAXI presale has raised over $4.5 million, offering participants 70% annual staking rewards at the current $0.000278 price point. Interested investors can participate by visiting the official Maxi Doge website and connecting a compatible crypto wallet like Best Wallet. You can purchase $MAXI tokens directly using USDT, ETH, or a direct bank card for immediate access. Visit the Official Maxi Doge Website Here The post XRP Price Prediction: Ripple Supports Tokenization of $280M in Diamonds on XRPL appeared first on Cryptonews .
