XRP Ledger has seen a 120.97% boost in real-world distributed asset value over the past 30 days, with the total represented RWA value on the network increasing to $2.43 billion, up 71.24% over the same period, according to live data from RWA.xyz, the industry’s premier tool tracking tokenized asset activity on public blockchains.

The numbers place XRPL among the fastest growing networks in the global RWA sector. XRP community educator and market commentator @Xfinancebull tiled momentum in a post on “Why are people still hating on Ripple when XRPL in the RWA league table is up 63% in the last 30 days?” he wrote.

Who drives the numbers

The RWA.xyz league table breakdown reveals the institutional makeup behind the main surge. CRX Digital Assets leads the platform’s rankings with 17 RWA products worth $590.5 million, up 457.7% in 30 days and representing 39.29% of XRPL’s total distributed RWA, according to RWA.xyz data. In second place is Ripple’s RLUSD stablecoin with $371.3 million, up 9.13%.

Ondo Finance – an institutional tokenized treasury platform that has become one of the most busy issuers of real-world assets across multiple blockchains – ranks third with $323.3 million, up 45.95%. Braza Bank, a Brazilian financial institution that settles cross-border payments on the ledger, is contributing $91.6 million. Société Générale’s tokenization arm, FORGE, rounds out the top eight with $11.7 million.

The composition of asset classes tells the same story. Tokenized U.S. Treasuries on XRPL have grown from around $50 million in 2025 to $418 million in 2026, an eight-fold boost in less than a year, driven largely by Ondo Finance, OpenEden and Zeconomy, according to Evernorth research published earlier this month.

Stablecoin's value displays significant growth on the XRP Ledger since January 2026. Source: rwa.xyz

30-day transfer volume signal

In addition to the asset value, data on transfer activities confirms that the ledger is being used, not just filled. RWA 30-day transfer volume on XRPL reached $145.10 million, up 50.40% from the previous 30-day period, according to RWA.xyz. The 30-day Stablecoin transfer volume on the ledger was $1.93 billion, up 9.92%. There were 48 busy RWA holders, an boost of 26.32%. There are currently 301 different RWA products available online.

Ripple CEO Luke Judges suggested that the actual tokenized RWA on XRPL – which includes assets tracked in additional data sources – could be closer to $3.75 billion, according to a comment cited by @Xfinancebull. XRPL currently ranks fifth globally in terms of total tokenized asset value, behind Ethereum, which hosts over 50% of all tokenized assets globally, but ranks second in terms of 30-day RWA growth, according to network benchmark data RWA.xyz.

XRP's price trends sideways as seen on the daily chart. Source: XRPUSD on Tradingview

This development marks a pivotal moment for the emerging sector’s institutional adoption narrative on the XRP ledger. A network that started 2025 with approximately $24 million in tokenized RWA and now supports over $2 billion – with a monthly growth rate of 121% supported by current network data – is no longer a future on the radar of institutional asset managers. The infrastructure is working, capital is moving, and the companies involved require regulatory certainty before real money is deployed.

Cover photo from Grok, XRPUSD chart from Tradingview