According to on-chain data, the value of tokenized RWA on the XRP Ledger (XRPL) increased by 2,200% in 2025 alone.
Supporting the real-world asset tokenization theme is BlackRock CEO Larry Fink and SEC Chairman Paul Atkinshas dominated discussions across multiple cryptocurrency communities this year, and XRPL looks to benefit from this movement.
XRP Ledger’s RWA value increases by 23x
The data from rwa.xyz causes the network to 23 times Increase in native real-world assets valueincluding stablecoins, surpassed the $500 million mark this year.
Specifically, as of the beginning of this year 2025, the XRP Ledger has contributed little to the global RWA market value, which was only $24,681,000 as of January 1st. Ripple Stablecoin RLUSDThe then-only-two-week-old accounted for most of that amount at $19.6 million. Meanwhile, $5 million came from the OpenEden TBILL Vault.
This figure gradually increased in January until Archax Group’s Montis Group Limited debuted on the network, bringing in $55.35 million worth of value and accounting for more than 50% of the total RWA value of $101.659 million as of February 1. By April, RLUSD had grown to the equivalent of $94 million on XRPL, bringing the total value to over $200 million.
RLUSD led most of the rise in RWA value
Since then, most of the increase in total RWA has been due to the impressive growth of RLUSD and the rise of OpenEden TBILL Vault. valueIntroducing new products such as. Ondo Short Term US Treasury Bond Fund, similarly Aberdeen Investments US dollar fund.
Currently, the total value of tokenized real-world assets on XRPL is sit $567.89 million, an increase of 2,200% from the previous $24.681 million. January 1. Of the latest total, RLUSD accounts for $292.93 million. represent 51%.
RWA value of XRP ledger
Meanwhile, OpenEden’s TBILL Vault is the second largest product, valued at $61,458,000. Montis Group Limited ($55,239,000) and Brazilian fintech Banza Group’s USDB stablecoin ($44,134,000) are sitting third and fourh. Circle USDCLaunched on XRPL in June, only Holds $9.37 million value on the network.
XRPL still lags behind other networks
However, while XRPL has seen notable growth in RWA value this year, it still lags behind. compared to Other prominent networks do as well, albeit built specifically for the industry.
Excluding stablecoins, XRP Ledger hosts $213 million worth of decentralized RWA value. Notably, this makes it only the 9th largest network in terms of RWA value, behind Ethereum, BNB Chain, Stellar, Solana, and even Polygon. However, the total value of XRPL (characterized by variance and expressed figures) amounts to $487.61 million.
Top networks by tokenized RWA value
Nevertheless, XRPL Apparently Networks like Polygon and Ethereum will expand, albeit at a slower pace. lose Some of their value. According to the data, XRPL has seen $72 million worth of value inflow in the past 60 days, while Ethereum and Polygon have lost $84 million and $629 million, respectively, during the same period.
