Ripple has announced the launch of a new program to support startups in the Asia-Pacific region, partnering with Tenity Global. The program aims to develop opportunities for blockchain developers and startups.
Description of the XRPL Accelerator Program
The XRPL Accelerator Program, running for 12 weeks, aims to support startups in key areas such as real-world asset 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.
XRP Price Outlook: Short-Term Predictions
XRP's price action is showing positive signs, in line with the broader cryptocurrency market trends. XRP has recently broken above a key resistance level around $2.25. If this trend holds, the next target zone lies between $2.31 and $2.35. A daily close above $2.35 could lead to further gains towards $2.43-$2.44.
Expert Opinions on Digital Innovation in Singapore
Ripple's APAC Managing Director, Fiona Murray, commented on Singapore's growing status as a leader in digital innovation. She expressed that this accelerator will help unlock new talent and practical use cases on the XRP Ledger.
The launch of the XRPL Accelerator Program highlights the growing attention to blockchain developments in APAC and may represent a significant step in supporting new startups in the field of digital technologies.
