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Crypto

Can XRP extend its August rebound? Recovery to $1.50 to $1.70 is key

XRP has moved into a $1.22 to $1.34 support zone, putting the rebound since the August low to the test. The token is trading near $1.30 and has not cleared the upper edge of support at $1.3408 after dipping as low as $1.2840 this week. A sustained drop below $1.2193 could weaken the view that XRP is forming a higher low. Reclaiming $1.50 to $1.70 would be a stronger signal that the rebound is continuing.

Crypto

XRPL draws $1.9 billion in RWA inflows, Ethereum outflows accelerate

XRP Ledger (XRPL) recorded $1.9 billion in net inflows to real-world asset (RWA) products over the past six months, ranking second among blockchain networks. Ethereum posted $2.7 billion in net outflows over the same period, the biggest decline. Data also showed BNB Chain led inflows. When stablecoins are included, Tron ranked first with $7.8 billion, while Ethereum’s net outflows widened to $22.3 billion.

AI & Enterprise

The Hyoosik raises 65 billion won pre-IPO funding to expand into 3-4-star hotels

IT-based integrated lodging solutions company The Hyoosik said on Monday it raised 65 billion won in pre-IPO funding from TS Investment and VIP Asset Management, lifting its cumulative funding to 107.8 billion won. Founded in 2019, it provides end-to-end services spanning feasibility analysis, hotel project management, design and construction, outsourced operations, IT systems and unmanned monitoring. The firm plans to invest up to 100 billion won by 2027 and target an IPO in 2028.