XRP Price Prediction: Ripple Launches $200K XRP Grants in Japan as Price Eyes $2.32 Breakout

Ripple offers $200K grants to Web3 startups in Japan while XRP price eyes $2.32. Explore the ecosystem push and bullish chart setup...

Written by: Maham Arslan • Monday, June 9, 2025 • 2 min read

• Last updated: Monday, June 9, 2025

XRP Price Prediction: Ripple Launches $200K XRP Grants in Japan as Price Eyes $2.32 Breakout

Quick overview

Ripple offers $200K grants to Web3 startups in Japan while XRP price eyes $2.32. Explore the ecosystem push and bullish chart setup in one place.

Ripple is expanding in Asia with a new initiative that could be a game changer for Japan’s Web3 scene. On June 9, Ripple announced a developer grant program offering up to $200,000 per startup building on the XRP Ledger (XRPL). The funding is part of its Japan and Korea Fund to support the next wave of decentralized innovation in the region.

This isn’t just about the money. Ripple is teaming up with Web3 Salon, a blockchain accelerator supported by Japan’s JETRO and the Asia Web3 Alliance, to bring both capital and strategic guidance to builders. The focus areas are decentralized finance (DeFi), tokenized real-world assets, and cross-border digital payments—key themes in today’s blockchain narrative.

What’s relevant now is Japan’s regulatory clarity and its increasingly open stance on crypto utility. That creates a fertile ground for long-term projects—if they can break through high entry barriers.

XRP/USD

What Startups Will Get Beyond Funding

Ripple is overseeing the grant selection process, prioritizing high quality teams with scalable products that align with XRPL’s ecosystem goals. But this isn’t just a money drop—selected startups will get mentorship, regulatory support and access to Ripple’s global network of partners.

Here’s what’s included:

Hands-on technical guidance and roadmap reviews
Go-to-market strategy and investor outreach support
Networking through Ripple’s ecosystem of VCs, partners and regulators
Visibility via workshops and regional Web3 events

Web3 Salon adds value by organizing educational sessions and four community events through March 2026. These will feature pitch competitions, compliance workshops and talks on global expansion.

XRP/USD Price Action: Bulls Target $2.32

While Ripple builds the future, XRP/USD price is showing strength. Trading at $2.25, XRP has gained 1.93% in the last 24 hours and is bouncing off a critical ascending trendline and the 200-EMA ($2.23)—a key support confluence.

After hitting resistance at $2.296, XRP pulled back in a classic “three red soldiers” pattern, often seen after strong rallies. But the latest green candle suggests demand is picking up. A close above $2.267 could set up a retest of $2.296 and potentially push to $2.32.

Trade Setup Summary:

Entry: $2.24 on bullish confirmation
SL: $2.22
TP: $2.296 and $2.32
Look for: Close above $2.267

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ABOUT THE AUTHOR See More

Maham Arslan

Crypto News Writer | Blockchain & Web3 Reporter

Maham is a crypto news writer and market analyst specializing in breaking down the latest developments across blockchain, digital assets, and decentralized finance (DeFi). With hands-on experience covering high-impact stories—from regulatory shifts and token launches to macro-driven price movements—she delivers timely, accurate, and SEO-optimized content for fast-growing crypto media platforms. Her expertise lies in producing daily news reports, price predictions, technical summaries, and coverage of market-moving events. Maham tracks real-time updates across global newswires, X (Twitter), and on-chain data to provide actionable insights tailored for retail traders, crypto enthusiasts, and institutional readers. With a strong grasp of crypto fundamentals and Web3 trends, she delivers content that’s informed, accessible, and always on time.