The XRP Ledger has surpassed $4 billion in tokenized real-world assets, a more than fourfold increase from approximately $150 million one year ago, according to data from Ripple-backed digital treasury firm Evernorth. Over 500 tokenized financial products are now live on the ledger, including bonds, Treasury instruments and funds, led by the JMWH and Ondo Short-Term Government Bond Fund which together account for roughly $2.5 billion.
Institutional credibility and ETF growth – A recent cross‑border settlement of tokenized U.S. Treasury bonds involving JPMorgan, Ondo Finance and Mastercard was completed on the XRP Ledger in just four seconds, underscoring the network’s capacity for high‑speed institutional transactions. That trust is mirrored in the ETF market: XRP spot ETFs have recorded eight consecutive weeks of net inflows, reaching a cumulative $1.49 billion. Assets under management are around $1.05 billion, about 1.47% of XRP’s market cap. Bitwise’s XRP ETF leads with $330.84 million in net assets, followed by Canary and Franklin. Trading volume across XRP ETFs hit $14.48 million in the latest session.
Full MiCA authorization in Europe – Ripple has obtained a Crypto-Asset Service Provider license from Luxembourg’s CSSF under the EU’s MiCA framework. The license, which completes full regulatory authorization, allows Ripple to passport regulated crypto services across all 27 EEA member states, supporting XRP‑based payment products and its RLUSD stablecoin.
User adoption spikes – New wallet creation on the XRP Ledger jumped nearly 40% in the last week of June, reaching 26,000 weekly new wallets, the highest since March. This increase in on‑chain activity typically precedes greater ecosystem participation and developer activity.
Market snapshot – XRP was trading around $1.13, up nearly 50% in daily trading volume, with futures open interest at $2.38 billion. Analyst Celal Kucuker forecast a potential move to $1.50 by the end of the month.
