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XRP Pulls Ahead of Cardano as ETFs Top $1.1 Billion and Tokenized Assets Hit $453 Million

Institutional ETF access plus growing tokenization underpins XRP’s lead.

Overview

  • XRP trades near $1.42 with an $87 billion market cap, while Cardano changes hands around $0.27 with a $10 billion valuation.
  • Tokenized assets on the XRP Ledger have climbed from under $80 million a year ago to $453 million, marking a sharp uptick in real‑world asset activity.
  • XRP exchange‑traded funds hold more than $1.1 billion as of March 6, 2026, offering retail exposure without requiring crypto wallets.
  • Cardano reports roughly $138 million in DeFi assets, about $1,900 in daily fees, and fewer than 17,000 active addresses each day, underscoring limited current usage.
  • Analysts outline divergent outlooks, with XRP targets around $3–$8 by year‑end, including a conditional $8 call from Standard Chartered, while ADA forecasts generally range from $0.30 to $1; upcoming catalysts include potential new XRP ETFs and Ripple’s RLUSD rollout in Japan via SBI, plus Cardano’s Midnight mainnet and possible Grayscale spot ADA ETFs.