XRP Ledger Leads Tokenized Asset Race With $1.9 Billion in RWA Inflows, Outpacing Ethereum

The XRP Ledger (XRPL) is strengthening its position in the real-world asset (RWA) tokenization market. 

Over the past 90 days, it recorded the highest net inflows among major blockchain networks. 

The milestone comes as tokenization continues to gain traction across the crypto industry. XRPL’s growth has recently outpaced several competing networks.

XRPL Records Highest RWA Inflows

According to data shared by RWA Foundation, XRP Ledger attracted $1.9 billion in net RWA inflows over the last 90 days, excluding stablecoins. That figure placed it ahead of Ethereum, which recorded $1.6 billion in inflows. Stellar followed with $1.4 billion.

Other networks ranked lower:

• BNB Chain: $848 million
• Solana: $611 million
• Avalanche: $362 million
• Sei Network: $202 million
• Mantle: $90 million

Highlighting the achievement, the XRP Ledger Foundation said XRPL is “growing fast as a home for real-world assets.”

Tokenized Asset Market Expands Rapidly

The latest inflow figures follow a sharp increase in tokenized assets on XRPL this year. According to Messari’s Q1 2026 report, XRPL ended the quarter with a total RWA market capitalization of $2.25 billion. That marked a 124.1% increase from the previous quarter.

Messari noted that XRPL ranked as the seventh-largest blockchain by RWA market capitalization at the end of Q1. Since then, it has climbed to fourth place.

The report also showed that XRPL’s distributed RWA market cap reached $451.1 million by quarter-end, up 35.6% from $332.7 million in the previous quarter.

RWA.xyz currently tracks 18 distributed RWAs and 312 represented RWAs on XRPL. Additional integrations are expected in the future.

XRPL Reached Key Milestone Faster Than Ethereum

XRPL’s rapid growth has helped it outpace several major blockchain networks in tokenization adoption.

Data from Evernorth shows that XRPL grew its tokenized RWA value from roughly $10 million in January 2025 to $400 million by April 2026. The network reached that milestone in about 15 months.

For comparison, Ethereum took nearly 36 months to grow from $10 million to $400 million in tokenized asset value. Evernorth’s data also showed that XRPL’s tokenized value increased 78% year-to-date, rising from $227 million to $404 million. Ethereum posted 36% growth over the same period.

The latest inflow data suggests capital continues to flow into XRPL’s tokenization ecosystem, reinforcing its position as one of the fastest-growing blockchain networks in the expanding RWA sector.