XRP Ledger (XRPL) Overtakes Solana in RWA Tokenization - U.Today

XRP-2,52%
SOL-5,31%
ETH-2,15%
ZK-4,51%

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 Today News: New OCC regulations take effect, speeding up Ripple’s banking license process

The U.S. Office of the Comptroller of the Currency (OCC) issued Bulletin 2026-4, effective April 1, providing a clear regulatory path for Ripple’s national trust bank and allowing it to operate after meeting the conditions to open for business. This bulletin replaces “fiduciary activities” with “the operations of a trust company,” expanding the organization’s service scope, including digital asset custody services. Ripple’s regulatory status has undergone a significant transformation, and in its application for a licensed institution, it seeks a Federal Reserve master account, focusing on the growth and challenges of the digital asset market.

MarketWhisper1h ago

Yesterday, U.S. XRP spot ETFs saw a total net outflow of $1.3158 million in a single day.

According to SoSoValue data, on April 1 the U.S. XRP spot ETF saw net outflows of $1.3158 million, with the 21Shares XRP ETF being the only net outflow fund. Its net asset value totaled $948 million, and its historical cumulative net inflows reached $1.208 billion.

GateNews1h ago

XRP Adoption Expands as Ripple Embeds Digital Asset Capabilities Directly into Enterprise Treasury Platforms

XRP is advancing into enterprise finance as Ripple integrates it into treasury systems, enabling real-time liquidity management and positioning it as a functional asset for corporate cash operations. XRP Becomes Core Asset In Ripple Treasury Liquidity Strategy A shift in enterprise finance is a

Coinpedia2h ago

Important Binance Update Concerning Ripple (XRP) and Other Altcoin Traders: Details

The world’s leading cryptocurrency exchange is set to delist certain trading pairs this week. Some of the digital assets that will be affected by the initiative include Ripple (XRP), Bitcoin Cash (BCH), and Avalanche (AVAX). The Upcoming Amendment ---------------------- Binance will remove the

CryptoPotato5h ago
Comment
0/400
No comments