XRP Price Prediction: $280M Ripple Diamond Deal Fails To Stop Slide Toward $1.5

• XRP falls 1.24 percent to $1.59 despite Ripple securing custody infrastructure for a $280 million diamond tokenization project in the UAE.
• Open interest drops 3.93 percent to $2.77 billion as volume collapses 44.76 percent, signaling reduced trading activity after the recent crash.
• Recovery requires reclaiming $1.82, while a close below $1.50 opens downside toward the $1.20 demand zone.

XRP price today trades near $1.59 after failing to hold the bounce from last week’s $1.50 low. The decline continues despite Ripple announcing a major custody deal for a $280 million diamond tokenization project in Dubai, highlighting how macro headwinds are overwhelming token-specific fundamentals.

Ripple Diamond Tokenization Deal Adds Enterprise Utility

Ripple’s custody technology is now securing over $280 million in certified polished diamonds tokenized on the XRP Ledger in th…

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