XRP price exhibits a zigzag pattern in the market, testing crucial support levels like $2.97. Analysts point to growing DeFi activity and institutional interest as catalysts for this recent surge. Ripple’s expansion into real estate, insurance, and trade finance is fueling excitement. The XRP Ledger aims to capitalize on this by enabling faster transactions within these sectors with a projected value of over $654 trillion in the global real estate market. However, uncertainty lingers as price action remains volatile. Recent chart analysis from More Crypto Online highlights a lack of clarity in market dynamics. 38.2% level around $2.97 is considered a potential support zone based on Fibonacci retracement levels. Key support levels like $2.93 and $2.89 remain crucial to watch. The ongoing price fluctuations signal the need for vigilance as analysts monitor these levels for any reversal or further decline. Ripple CEO Brad Garlinghouse has confirmed that XRP will be integrated into key sectors, including real estate, insurance, and trade finance. This move aligns with co-founder Arthur Britto’s statement that XRP is designed to facilitate transactions for billions of users. Ripple’s vision to integrate XRP across various industries is bolstering market optimism. As the XRPL gains traction, industry adoption might increase, opening doors for new innovations in asset tokenization.