XRP Ledger ranks second in 30-day RWA growth with $1.5B tokenized assets, overtaking Solana, Polygon and Avalanche.
The XRP Ledger has moved to second place in 30-day real world asset growth. Recent data shows a sharp rise in tokenized assets on the network.
The update places XRPL ahead of several major blockchains in this category.
XRPL Surpasses Solana and Polygon in RWA Growth
Data from RWA tracking platforms shows that the XRP Ledger recorded a 15.37% increase in tokenized assets over 30 days.
The total value of tokenized assets on the network now stands at about $1.5 billion. This growth moved XRPL to the second position among leading public blockchains.
During the same period, XRPL ranked above networks such as Solana, Polygon, and Avalanche in RWA growth.
The ranking reflects the change in asset value recorded over the past month. It does not measure total historical issuance.
The XRP Ledger is designed for token issuance and settlement. It supports the creation of digital representations of assets such as bonds and funds.
This structure has supported recent increases in on-ledger asset activity.
$1.5 Billion in Tokenized Assets on XRPL
The reported $1.5 billion includes various real world assets issued on the ledger.
These assets may include tokenized treasuries, credit products, and other financial instruments. The value reflects on-chain data collected at the end of the latest 30-day period.
RWA tokenization refers to issuing blockchain-based tokens backed by traditional assets. Asset managers use this model to improve settlement speed and transparency.
Blockchain records allow public verification of token balances and transfers.
Growth on XRPL comes as tokenization expands across the broader crypto market. Several blockchains are competing to attract issuers of regulated financial products.
Market data shows rising activity across multiple networks.
Related Reading: XRP Ledger Eyes Fed Integration With RLUSD Proposal
Institutional Focus on Tokenization Sector
Large asset managers have increased activity in blockchain-based tokenization.
Firms such as BlackRock and Franklin Templeton have launched tokenized products in recent years. These products are designed to operate on public or permissioned networks.
Industry reports show that institutions are testing blockchain rails for fund distribution.
Tokenized funds can offer faster settlement and continuous transferability. Asset managers are also exploring lower operational costs through digital issuance.
XRPL’s recent ranking reflects its position within this growing segment. The 30-day growth metric shows relative expansion compared with peer networks.
Future rankings will depend on continued issuance and market demand for tokenized assets.
Source: https://www.livebitcoinnews.com/xrp-ledger-surpasses-solana-polygon-in-rwa-surge/
