Ripple Launches XRPL Accelerator Program in APAC

Ripple has announced a significant development for the XRP Ledger (XRPL) community in the Asia-Pacific (APAC) region. Partnering with Tenity Global, Ripple is set to launch an XRPL Accelerator Program aimed at supporting blockchain startups and developers across APAC.

The program will run for 12 weeks and will focus on some of the hottest sectors in crypto right now: real-world asset (RWA) tokenization, institutional decentralized finance (DeFi), and AI-powered blockchain applications. Selected projects could receive up to $200,000 in funding to help bring their ideas to life.

Ripple’s APAC Managing Director, Fiona Murray, highlighted Singapore’s growing status as a leader in digital innovation, stating that this accelerator will help unlock new talent and practical use cases on the XRPL.

XRP Price Outlook: Signs of a Short-Term Breakout

XRP’s price action is showing strength, aligning with broader crypto market trends. With Bitcoin, Solana, and Ethereum enjoying short-term gains, XRP too has started to push higher.

Recently, XRP broke above a key resistance level around $2.25. If this breakout holds, the next target zone lies between $2.31 and $2.35.

If XRP can close a daily candle above $2.35, it could rally further towards $2.43-$2.44, potentially testing recent highs near $2.60. This would represent about a 10% upside move from current levels.

As always in crypto, Bitcoin’s price direction generally influences altcoins like XRP. With the crypto market appearing somewhat bullish in the short term, XRP traders and holders may anticipate positive price action ahead, provided Bitcoin maintains its stability.