The XRP Ledger (XRPL) has achieved a significant milestone in the tokenized real-world asset (RWA) sector, climbing to second place in 30-day RWA growth rankings according to data from RWA.xyz. The network's dashboard shows accelerated tokenized asset expansion over the past month, reflecting growth in real-world assets issued or tracked on XRPL.
In concrete terms, XRPL added approximately $354 million in tokenized RWAs over the past 30 days. This substantial increase has boosted the network's total RWA value to $1.874 billion, excluding stablecoins and combining both distributed and represented assets. This growth occurred even as XRP's market price faced broader downward pressure, highlighting a divergence between price performance and on-chain utility expansion.
By moving into the second spot in monthly growth, XRP Ledger positions itself among the leading blockchains competing in the institutional tokenization segment. The recent momentum has also propelled XRPL to sixth place among all blockchain networks by total tokenized RWA value, surpassing Solana, which currently holds around $1.7 billion in tokenized assets.
The network now sets its sights on BNB Chain, which currently reports approximately $2.3 billion in tokenized assets. With XRPL sitting at $1.874 billion, it would need to add roughly another $400 million to overtake BNB Chain and secure the fifth position globally. Given the recent $354 million monthly increase, this gap appears measurable and potentially bridgeable if current momentum continues.
Market observers note that the steady rise in tokenized asset value suggests growing infrastructure use for real-world applications rather than speculative demand. If XRPL sustains this pace of RWA issuance, it could soon challenge BNB Chain's position and further solidify its standing as a leading tokenization network, a sector closely watched by institutional and on-chain market participants.
