Standard Chartered Bank projects that the market value of tokenized real-world assets, excluding stablecoins, could surge from around $35 billion today to nearly $2 trillion by 2028.
Ripple (XRP) increases in tandem with the broader cryptocurrency market, trading above $2.45 on Friday. Market participants anticipate volatility following the release of the US Consumer Price Index (CPI), which showed that inflation is rising, but at a slightly slower pace than market forecasts.
JPMorgan analysts claim that crypto-native investors largely drove the crypto market dip last week, while institutional products felt a minor impact.