XRP Ledger Adds $354M in RWAs, Climbs to 6th and Narrows Gap with BNB Chain
The XRP Ledger (XRPL) added about $354 million in tokenized real‑world assets (RWAs) over the past 30 days, lifting its total on‑chain RWA value and moving XRPL into sixth place among blockchains by tokenized asset value. The recent surge allowed XRPL to surpass Solana (SOL) and close the gap with BNB Chain, which remains fifth. The ranking aggregates distributed and represented assets and excludes stablecoins. This growth occurred despite a decline in XRP’s spot price during the same window, suggesting issuance and infrastructure activity — not short‑term token performance — drove the increase. Earlier reporting noted a 15.37% month‑over‑month rise (to roughly $1.5 billion in total tokenized assets on XRPL); the later update quantifies the 30‑day inflow as $354 million and clarifies XRPL’s sixth‑place standing. For traders, the move signals accelerating tokenization activity on XRPL that could support on‑chain utility and institutional interest; continued shifts in rankings will depend on further RWA issuance, valuation changes, and adoption by asset managers.
Neutral
The news is neutral for XRP price specifically. Positive fundamentals — $354M of RWA issuance and rising tokenization activity — point to stronger on‑chain utility and growing institutional use cases, which are medium‑ to long‑term bullish indicators. However, the RWA inflows occurred despite a concurrent decline in XRP spot price, and the development primarily reflects infrastructure and issuance activity rather than immediate demand for XRP as a tradable asset. Short‑term price impact is therefore limited and uncertain: traders may see occasional volatility around announcements or further issuance, but sustained price appreciation for XRP would require broader market demand, staking/utility mechanisms tied to RWA flows, or macro catalysts. In sum, the update improves XRPL’s structural outlook without constituting a clear short‑term price catalyst.