The XRP price has spent the past few weeks struggling to break above $3, which can partly be tied to the broader market’s shaky performance. Yet, while XRP fights to maintain dominance, new players with real world utility are popping up, such as Avalon X (AVLX). The project shows that crypto tied to real-world assets could be a smarter long-term play.
XRP News: XRP Price Hits $3, but Can It Sustain the Momentum?
After weeks of sideways trading, the XRP price has recovered and is on an upward trajectory again. At the time of writing, XRP is trading just above $3.00, up more than 9% over the past 30 days. That strength has lifted XRP to a market cap above $182 billion, firmly holding its place in the top three cryptocurrencies.
Institutional demand for XRP is picking up, especially in the derivatives market. CME is preparing to roll out 24/7 XRP futures trading, a move that could boost activity.
Still, the technical picture tells a different story. The price is now testing the upper boundary of a horizontal channel that has held since the July peak near $3.80.
Meanwhile, XRP’s Average Directional Index (ADX) is at 14. This number is below the 25 threshold, which is a signal for real trend strength. Traders often view such weak readings as a warning of false breakouts.
XRP shows both bullish potential and fragile technicals. The biggest XRP news right now is the pending XRP ETF review by the SEC. Several institutions have filed for the spot ETFs, and the first decision is expected in mid-October. If approved, it would be possible to buy XRP through a simple ticker, and demand would increase. A delay or rejection, however, may trigger outflows and volatility.
Avalon X: The Blockchain Project Where Real Estate Meets Crypto
Avalon X is anchoring blockchain utility to tangible real estate assets. The project has been backed by real estate developer Grupo Avalon. Grupo Avalon has delivered over $110 million in completed sales and oversees nearly $1 billion in its pipeline of projects across the Dominican Republic.
The AVLX token is structured as a utility-driven asset. Token holders gain access to premium benefits such as presale bonuses and access to luxury properties at a discount. By tokenizing real estate, Avalon X has opened opportunities globally, giving luxury access through the AVLX token.
Avalon X is giving crypto presale bonuses of up to 25% with a 10% bonus on all token purchases currently. Along with these bonuses, the project is also offering a number of giveaways. There is the Avalon X giveaway of a million dollars’ worth of AVLX tokens and even a fully deeded townhouse in the gated Eco Avalon development as a prize for one lucky winner. CertiK has done a successful audit, which has made security and transparency stronger and helped early investors feel more confident.
Avalon X vs XRP
XRP has built a legacy in the crypto space and earned a global community of supporters. However, long-term growth still leans on institutional adoption. It is a new project and is only now entering its token presale stage.
It is built on sustainable utility, which is an important aspect for a sustainable project.
The appeal lies in diversification. Investors seeking the next 100x crypto coins in 2025 may be drawn to Avalon X because it aligns blockchain growth with tangible property value.
Join the Community
Website: https://avalonx.io
CoinMarketCap: https://coinmarketcap.com/currencies/avalon-x/
Telegram: https://t.me/avlxofficial
X: https://x.com/AvalonXOfficial
Disclaimer: This article is for informational and educational purposes only and does not constitute financial or investment advice. Cryptocurrency investments, presales, and token purchases involve significant risk, including the possible loss of capital. Readers should conduct their own research (DYOR) and consult a licensed financial professional before making investment decisions. This content may include forward-looking statements or promotional information provided by third parties; readers should verify all details independently.