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XRPL Pushes Into Tokenized Finance as Momentum Faces Mixed On‑Chain Signals

Conflicting quarter‑level gains versus recent on‑chain drops leave XRPL's tokenization momentum unclear.

Overview

  • David Schwartz of Ripple said enterprises are testing the XRP Ledger for tokenized real‑world assets such as stablecoins, funds, repos and loans, signaling a shift beyond payments.
  • Ripple’s RLUSD stablecoin has been deployed across more than 40 chains via Wormhole’s Native Token Transfers, which increases multi‑chain dollar liquidity that tokenization projects often need.
  • Quarterly on‑chain data reported by Messari and cited by crypto.news showed strong Q1 growth for XRPL, with daily transactions up about 35% quarter‑over‑quarter and RWA market capitalization rising roughly 124% to $2.25 billion.
  • Short‑term metrics reported by Yahoo Finance show a 30‑day pullback on XRPL, with tokenized assets at $384.5 million (down about 11%) and 30‑day transfer volume falling roughly 59%, creating a near‑term bearish signal.
  • A social‑media analyst claimed roughly $1.5 billion of 30‑day inflows to XRPL and about $1.2 billion of outflows from Ethereum, but those figures remain unverified and Ethereum still holds the deepest tokenization liquidity and developer ecosystem.