Ripple’s Strategic Push into Japan’s Web3 Ecosystem
Ripple is making waves in Asia with a groundbreaking initiative aimed at boosting Japan’s Web3 landscape. On June 9, the company unveiled a developer grant program offering up to $200,000 per startup building on the XRP Ledger (XRPL). This funding is part of Ripple’s Japan and Korea Fund, designed to foster decentralized innovation in the region.
Key Partnerships and Focus Areas
- Collaboration: Ripple has partnered with Web3 Salon, a blockchain accelerator backed by Japan’s JETRO and the Asia Web3 Alliance, to provide capital and strategic mentorship.
Priority Sectors: Grants will target projects in:
- DeFi (Decentralized Finance)
- Tokenized Real-World Assets
- Cross-Border Digital Payments
Japan’s progressive regulatory environment and growing crypto adoption create a strong foundation for long-term Web3 growth.
Benefits Beyond Funding
Selected startups gain more than financial support—they’ll receive:
- Technical Guidance: Hands-on roadmap reviews and development support.
- Go-to-Market Strategy: Assistance with investor outreach and scaling.
- Networking Opportunities: Access to Ripple’s global partner network and regulators.
- Visibility: Featured in workshops and regional Web3 events through March 2026.
Web3 Salon will further enrich the program with pitch competitions, compliance workshops, and expansion-focused talks.
XRP Price Analysis: Bullish Signals Ahead
While Ripple strengthens its ecosystem, XRP/USD is showing bullish momentum:
- Current Price: $2.25 (1.93% rise in 24 hours).
- Critical Support: Holding above the 200-EMA ($2.23) and an ascending trendline.
Resistance Levels:
- Immediate: $2.296
- Next Target: $2.32
Trade Setup
- Entry: $2.24 (confirmed bullish signal).
- Stop Loss: $2.22.
- Take Profit: $2.296** and **$2.32.
- Key Indicator: Close above $2.267 for sustained upward movement.
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FAQ
1. What is Ripple’s Japan and Korea Fund?
- A grant program offering up to $200,000 to Web3 startups building on XRPL, with a focus on DeFi, tokenization, and payments.
2. How can startups apply for Ripple’s grants?
- Applications are reviewed by Ripple, prioritizing teams with scalable products aligned with XRPL’s goals.
3. What is XRP’s price outlook?
- A break above $2.32 could signal further gains, supported by strong technical indicators.
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