XRP Ledger Hits No. 4 In RWA Rankings In Less Than A Year
The XRP Ledger has rapidly risen to fourth place in RWA.xyz's network rankings for tokenized real-world assets in less than a year, now holding a total distributed RWA value of $4.1 billion. This positions XRPL behind only Canton, Ethereum, and Provenance, and ahead of networks like BNB Chain and Solana. The ledger's 30-day growth rate of 45.97% is the highest among the top ten, starkly contrasting with declines seen on other major networks.
RippleX highlighted this as one of the fastest-growing RWA ecosystems, now hosting a diverse range of tokenized assets including US Treasuries, money market funds, and commercial paper. While Canton dominates the sector with an 83.73% market share ($313.6 billion), XRPL's ascent signals its emergence as a notable player in the competitive institutional tokenization market.
Broader sector data shows distributed asset value at $33.87 billion, with US Treasury debt as the largest tokenized category at $15.3 billion.
bitcoinist05/22 13:04
