The $XRP Ledger (XRPL) continues to attract capital into its real-world asset (RWA) ecosystem even as major blockchain networks face heavy outflows.
Data shared from RWA.xyz shows XRPL recorded $1.7 billion in net RWA inflows over the past 60 days. In contrast, several leading networks posted significant declines during the same period.
Ethereum led the outflows with $5.8 billion leaving the network. Arbitrum followed with $3.0 billion in outflows, while Solana and Polygon recorded declines of $653 million and $250 million, respectively.
Against this backdrop, XRPL stood out alongside TRON and HyperEVM as the only major networks to post a substantial net inflow.
XRPL Strengthens Position in Tokenization
The latest figures add to XRPL’s growing momentum in the tokenization market.
Earlier this month, data from the RWA Foundation showed XRPL attracted $1.9 billion in net RWA inflows over a 90-day period, excluding stablecoins. That placed it ahead of Ethereum, which recorded $1.6 billion, and Stellar, which posted $1.4 billion.
Other networks trailed behind. BNB Chain attracted $848 million, followed by Solana with $611 million, Avalanche with $362 million, Sei Network with $202 million, and Mantle with $90 million.
The trend suggests capital continues to flow into XRPL’s tokenization ecosystem despite weakness across competing blockchain networks.
Stablecoin and Tokenized Treasury Activity Accelerates
XRPL’s RWA growth has been accompanied by rising activity in stablecoins and tokenized assets.
According to RWA.xyz, stablecoin transfer volume on XRPL reached $5.11 billion over a 30-day period. That marks a 22.84% increase from the previous month.
Meanwhile, the Ondo Short-Term U.S. Government Bond Fund has become the second-largest tokenized asset on XRPL. The fund recorded about $259.6 million in transfers during the period, highlighting growing institutional interest in tokenized Treasury products.
RWA.xyz data also shows that XRPL currently represents about $3.56 billion in off-chain RWAs. This could provide a sizeable pipeline of assets that may eventually move on-chain as adoption grows.
XRPL Growth Rate Surpasses Ethereum
The $XRP Ledger has also expanded rapidly in terms of tokenized asset value. XRPL’s tokenized RWA value grew from roughly $10 million in January 2025 to $400 million by April 2026. The network achieved that growth in about 15 months.
By comparison, Ethereum took nearly 36 months to reach a similar milestone. Year-to-date, XRPL’s tokenized RWA value has climbed 78%, rising from $227 million to $404 million. Ethereum recorded 36% growth over the same period.
The latest $1.7 billion net inflow further reinforces XRPL’s position as one of the fastest-growing blockchain networks in the expanding RWA tokenization sector.
