XRP is currently trading near $2.48, entering oversold territory, which may present a buying opportunity for investors. Ripple's valuation has surged to $180 billion, as reported by Forbes, marking a significant turnaround for the company once considered a 'zombie blockchain.' The token's recent consolidation follows a period of volatility, with analysts suggesting that traders are closely monitoring for a potential rebound. Ripple's strategic expansion through acquisitions and the development of institutional-grade settlement rails positions it as a formidable contender in the tokenized finance sector.