Why XRP Whales Are Watching Avalon X Closely

XRP accumulation has hit high gear ahead of a possible XRP ETF approval. Leading the charge are XRP whales, whose aggressive purchases could lead to explosive price action. With a chance of yet another delay in the wake of a U.S. government shutdown, XRP whales are watching Avalon X (AVLX) as a hedge or possibly a better investment option.

Avalon X is a blockchain project that combines real estate with tokenization, offering investors unique perks, fractional access to property, and the potential to participate in a fast-growing RWA ecosystem.

Crypto analyst Ali Martinez highlighted on X how XRP whales are getting ready for a major move. The steady accumulation indicates confidence in the short-term to mid-term price surge. According to Santiment data, XRP whales have accumulated approximately 120 million XRPs over 72 hours. 

https://x.com/ali_charts/status/1972593693535150083?

Ripple Price Prediction: XRP Whales Bet on the XRP ETF Approval

This heavy accumulation has coincided with the odds of an XRP ETF approval reaching 100%. According to Bloomberg analyst Eric Balchunas, this has largely been facilitated by the adoption of new listing standards by the U.S. SEC. By simplifying the process and reducing the delays, this has created a path for numerous filings to be greenlighted any day from now.

https://x.com/EricBalchunas/status/1972779124679975004

Experts predict that an ETF could unlock trillions in investment for the coin, easily driving its prices above the $5 mark.

However, all crypto ETFs have faced a new challenge following the shutdown of the U.S. government, which has inadvertently affected the SEC. With multiple deadline dates approaching, the SEC could be forced to push for an extension before making what is possibly an approval for an XRP ETF. Furthermore, the delay could be prolonged as the last shutdown, which was in 2018, lasted 35 days.

At the time of press, XRP is trading for $2.95 after a 4% surge in the last 24 hours. According to CMC, the 3rd largest cryptocurrency in the world has seen its trading volume surge by 34% to reach $6.64 billion.

Avalon X (AVLX) Brings Blockchain To Real Estate

Avalon X is an ambitious project blending blockchain and real estate investment, with a focus on fractional access and token utility.

Through its native token, AVLX, the platform is introducing a new way for individuals around the world to participate in property-backed opportunities once reserved for high-net-worth investors. XR whales recognize that Avalon X is one of the most talked-about projects in the growing real-world asset (RWA) sector. It brings together blockchain technology and the stability of real estate investment.

The utility of the AVLX token extends beyond simple investment. Holders will benefit from a tiered rewards system, discounts on Avalon-linked properties, and stake tokens to generate passive income. 

The Avalon X project is backed by Grupo Avalon, a leading developer of luxury projects with nearly $1 billion in total project pipeline value in the Dominican Republic. This partnership goes a long way to building credibility for Avalon X. 

To reward those getting in early, the project has put some big prizes on the table. Avalon X is celebrating its launch with generous promotions like a $1 million AVLX giveaway and a stunning townhouse prize whereby a lucky winner will win a fully deeded crypto townhouse in the gated Eco Avalon development. 

Eco Avalon Townhouse Giveaway

As smart investors seek the next breakout coin to ride the bullish wave, AVLX has emerged as a frontrunner. Its unique vision to dominate the steady $379 trillion real estate market sets it apart from its peers and paves a path for long-term success. XRP whales further recognize that Avalon X shares a similarity with XRP. Avalon X is looking to disrupt the real estate sector just as XRP has done in the banking sector.

This makes the coin of interest to XRP whales and retail investors looking to create generational wealth. 

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Website: https://avalonx.io

CoinMarketCap: https://coinmarketcap.com/currencies/avalon-x/

Telegram: https://t.me/avlxofficial

X: https://x.com/AvalonXOfficial

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