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XRP adoption grows across three key metrics
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XRP adoption grows across three key metrics

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  • XRP Ledger hosts about US$4 billion in tokenised real-world assets, according to XRP treasury company Evernorth.
  • Spot XRP exchange-traded funds have recorded eight consecutive weeks of net inflows, reaching about US$1.47 billion in cumulative investments.
  • Evernorth said rising tokenised assets, ETF inflows and new wallet creation point to increasing activity across the XRP ecosystem.

XRP (CRYPTO:XRP) is showing growth across tokenised assets, investment flows and user activity, with XRP treasury company Evernorth reporting about US$4 billion in tokenised real-world assets on the XRP Ledger.

Evernorth said spot XRP exchange-traded funds have recorded eight consecutive weeks of net inflows, attracting approximately US$1.47 billion in cumulative investments, while new XRP wallet creation increased about 40% during the final full week of June.

“~$4B in total tokenised real-world assets now sit on the XRP network, roughly 4x the size of its entire ETF market. Demand for XRP is turning up in three places at once,” said XRP treasury company Evernorth.

Evernorth also cited a Treasury redemption involving JPMorgan, Ondo and Mastercard that settled on the XRP Ledger in about four seconds, presenting the transaction as an example of institutional use of tokenised assets on the network.

The company said weekly new XRP wallets increased from about 18,100 at the beginning of June to roughly 26,000 by June 29, while no direct market reaction accompanied the research.

According to Evernorth, the XRP Ledger supports more than 500 tokenised real-world asset products, with the value of tokenised assets estimated at roughly four times the size of the current XRP spot ETF market.

Evernorth said the longer-term significance of these trends will depend on continued institutional participation, sustained ETF inflows, greater use of tokenised assets and ongoing growth in network activity.

At the time of reporting, XRP price was $1.09.

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