XRP and Cardano (ADA) are facing pressure technical indicators pointing to a bearish direction. For XRP, the delay in ETF approval has fueled the downturn. Cardano ADA’s double death cross is signaling a short-term weakness. But the Avalon X (AVLX) case is different.
With backing from a developer with almost $1 billion in its project pipeline, the Avalon X presale is about to move to the next phase. This means a major increase in price for the token holders who invest before the next phase launches. With only days left for the next stage, investors are seen rushing to the AVLX presale.
The developer backing the Avalon X token Grupo Avalon has a near $1 billion real estate project portfolio, which makes the AVLX token one of the top RWA crypto presales around. The project is built on stronger fundamentals as a real estate backed cryptocurrency.
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XRP News: XRP Drops Toward Support
XRP has found itself at a crossroads. Regulatory developments, delayed exchange-traded fund (ETF) decisions, and broader market pressures are all testing investor confidence.
Mid-September optimism had briefly risen following the U.S. SEC’s proposed generic listing standards that could streamline crypto ETF approvals. But that optimism has cooled after the SEC extended its review period for Franklin Templeton’s XRP ETF application. The new date has now been pushed to November 2025.
The delay has affected the XRP price negatively. XRP is hovering near key support levels around $3, the price dropping by over 2% in the last day. Analysts warn that a failure to $3 hold support could invite further downside, especially if the general crypto market remains weak.
XRP 1-month Price Chart | Source: CoinMarketCap
Despite short-term caution, XRP still benefits from long-term institutional interest. Ripple is pursuing a U.S. banking license, which could boost the prices, but it’s still not clear if it will be approved.
Cardano Whales Turn Defensive
Cardano (ADA) has also lost some short-term momentum. The ADA price has dropped more than 5% in the past week. New signals suggest Cardano ADA could be facing more downfall.
According to on-chain analytics from Santiment, whale wallets holding between 10 million and 100 million ADA have reduced their holdings from 13.09 billion to 13.07 billion ADA since October 6. The drop is roughly 20 million ADA, worth around $16 million.
Source: Santiment
Cardano price today is currently at $0.80, strongly holding the 10th spot. On the last day, the coin has lost about 2% and 6.23% in the last week.
Avalon X Gets Backing From Grupo Avalon’s Billion-Dollar Pipeline
Avalon X (AVLX) is making a name in the RWA sector. The project is backed by Grupo Avalon, a leading real estate developer. At the moment, the developer has nearly $1 billion in total project value. Grupo Avalon has a track record of completing over $110 million in real estate sales.
With inspiration from this, Avalon X has introduced a model that combines real estate with blockchain technology. The concept is simple yet powerful, tokenizing real estate through the AVLX token. At the moment, the token is in the early stages with a low entry price, but it’s about to complete this phase. The price for one token is $0.005, and with the next stage, the price will increase. Investors who have already joined the Avalon X presale before the next stage will get a good return on investment already.
Avalon X is also rewarding the community with a $1M crypto giveaway and a crypto townhouse giveaway. The Avalon X $1M prize worth of token will be shared among 10 community members who have invested in the AVLX coin. The Avalon X crypto townhouse giveaway will see one winner walk away with a fully deeded townhouse in Grupo Avalon’s gated Eco Avalon development. The project is ramping up community engagement with its newly launched referral program. Every successful referral earns participants 10 bonus entries, plus an extra 10% in tokens, giving fans more ways to win and grow their rewards.
The project has also undergone a security audit by CertiK, which has further enhanced investor confidence.
If Grupo Avalon’s billion-dollar real estate pipeline continues fueling AVLX’s growth, the project could soon find itself compared not only to ADA or XRP but potentially to the next generation of real-world asset (RWA) leaders redefining blockchain’s practical use cases.
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