The growth of XRP Ledger (XRPL) on the real-world asset (RWA) tokenization market is in the spotlight as the network has overtaken Solana. According to data from RWA.xyz, XRP Ledger is now the sixth largest blockchain for tokenized assets.
XRP Ledger RWA tokenization leverage
As showcased by the data platform, the Canton Network is the biggest represented RWA platform in the world, boasting a total of $340.9 billion in tokenized value. This is followed by Provenance, with $15.1 billion, and Ethereum with $14.9 billion.
The top five list is completed by the zkSync Era, with over $2.5 billion in tokenized assets, and BNB Chain with a value of $2.1 billion.
XRP Ledger has an RWA count of 100, a figure that is even higher than Provenance and zkSync Era, at 1 and 51, respectively. This outlook is a sign that XRPL has grown in its tokenization narrative in the past year.
With its 0.48% market share, XRP Ledger has the best 30-day growth rate of 268%. This growth comes as a result of its leverage as a product stack in the Ripple Labs ecosystem.
With the firm helping to form the right alliances, it has attracted some of the top traditional financial institutions to adopt its RWA potential. Earlier this week, Ripple partnered with Aviva Investors to drive tokenization on XRP Ledger.
Biggest XRP Ledger tokenized product
While traditional financial institutions are adopting XRPL for tokenization, the most visible tokenized product is the Ripple USD (RLUSD) stablecoin.
The token, backed 1:1 by the U.S. Dollar, is growing as Ripple mints new RLUSD regularly to push the market cap above $1.5 billion. RLUSD has even entered the top 50 crypto list, a sign that aligns with XRP Ledger’s tokenization recognition.
Despite being primarily a blockchain payments firm, Ripple has consistently unveiled its plans to take a sizable share of the RWA market in the near future. Beyond RLUSD, analysts believe XRP will benefit in the long term as the liquidity flow will have a net benefit.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
XRP Holds Ground as Inflows Rise but Price Trails Highs
Key Insights:
XRP trades about 60% below its peak despite steady ETF inflows, reflecting a gap between improving fundamentals and current market valuation levels.
Institutional exposure through XRP ETFs reached 1.1 billion dollars, yet analysts say inflow scale remains too small to
CryptoFrontNews18m ago
Ripple Treasury puts XRP and RLUSD inside corporate finance for the first time
Ripple launched native digital asset capabilities in its treasury management system, enabling finance teams to manage XRP and RLUSD alongside fiat balances. This innovation positions Ripple ahead of competitors, integrating digital asset accounts into existing treasury functions.
CoinDesk27m ago
Crypto Price Prediction for Today, April 2: SUI, XRP, and Dogecoin (DOGE)
April 2 opens with SUI, XRP, and Dogecoin sitting near fragile short-term zones after each coin gave back part of its March strength. None of the three is in free fall, yet none is showing the kind of price recovery that would make buyers fully comfortable either.
That leaves today’s outlook
CaptainAltcoin1h ago
Ripple Treasury Adds XRP and RLUSD for Corporate Finance
Ripple has introduced Digital Asset Accounts and Unified Treasury within Ripple Treasury, embedding XRP and Ripple USD (RLUSD) directly into an enterprise treasury management system for the first time, allowing corporate finance teams to hold, view, and manage digital assets alongside cash without separate platforms or third-party custody providers.
CryptopulseElite1h ago
