XRP Network Hits $4B in Tokenized Assets, Dwarfing its ETF Market by More Than 4x

Demand for XRP accelerates as tokenized real-world assets on the network, more than 4x its ETF market.

Source: Shutterstock
Source: Shutterstock

XRP's Triple Growth Engine Ignites: $4B in RWAs, ETF Inflows, and Wallets Soar 

The XRP Ledger is gaining momentum on multiple fronts, with more than $4 billion in tokenized real-world assets (RWAs) now hosted on the network, at least 4 times larger than the current XRP ETF market at $900 million, according to Evernorth, a leading public XRP treasury company.

The milestone signals that XRP's growth is being fueled by real-world financial adoption. Evernorth identifies three major drivers behind the surge: tokenized assets, institutional capital, and accelerating network activity.

The biggest catalyst is the rapid expansion of tokenized RWAs on the XRP Ledger. More than 500 tokenized financial products, worth about $4 billion, are now live on the network, including bonds, treasury products, funds, and other real-world assets brought on-chain.

Source: Evernorth
Source: Evernorth

Institutional adoption is also becoming tangible. Earlier this year, a tokenized U.S. Treasury redemption involving JPMorgan, Ondo Finance, and Mastercard reportedly settled on the XRP Ledger in just four seconds, demonstrating the network's ability to deliver near-instant settlement for institutional-grade transactions.

Institutional Money and User Growth Accelerate XRP Adoption 

Institutional demand is also rising through investment products. According to Evernorth, spot XRP ETFs have posted eight consecutive weeks of net inflows, reflecting sustained investor confidence despite broader market volatility. 

During the final full week of June alone, XRP ETFs attracted roughly $23 million in fresh capital, pushing cumulative inflows to approximately $1.47 billion. These steady inflows suggest institutions are increasingly viewing XRP as a long-term digital asset with growing real-world utility.

Meanwhile, on-chain activity continues to strengthen. New XRP wallet creation surged about 40% during the last full week of June, reaching its highest weekly level since March. 

More notably, rising wallet growth typically signals expanding user adoption, stronger ecosystem participation, and increasing developer engagement.

Therefore, these trends point to demand building across every major layer of the XRP ecosystem. More real-world assets are being tokenized on the ledger, institutional investors continue allocating capital through ETFs, and new users are joining the network at an accelerating pace.

What’s happening behind the scenes? Well, Evernorth notes that the convergence of tokenized asset growth, sustained institutional investment, and rising network participation represents the early stages of powerful network effects, potentially positioning the XRP Ledger as one of the leading blockchain platforms powering the next generation of tokenized finance.