Key Highlights
- XRP Ledger’s tokenized real-world asset (RWA) value has surpassed $3 billion, marking a 59% surge over the last month
- Ripple’s Luke Judges indicates the actual figure may be approximately $3.75 billion
- XRP currently trades at $1.39, experiencing a decline exceeding 2% over the past day
- Technical analyst Egrag Crypto projects potential corrections to $1.13 or deeper levels at $0.73–$0.90
- Bitrue exchange witnessed a sevenfold increase in XRP trading activity within 24 hours
The XRP Ledger (XRPL) has achieved a significant benchmark, surpassing $3 billion in total tokenized real-world asset (RWA) value based on metrics from RWA.xyz. This achievement represents a substantial 59% expansion during the previous 30-day period. The blockchain network presently supports 291 RWA initiatives.
Luke Judges, a Ripple executive, provided an alternative assessment of these figures. According to statements referenced by cryptocurrency analyst X Finance Bull, Judges estimates the actual tokenized RWA value on XRPL approaches $3.75 billion.
Cryptocurrency commentator X Finance Bull observed that institutional participants are actively selecting infrastructure with practical utility. The analyst emphasized that XRPL aims to secure the top global position for total RWA value. The ledger presently occupies the 5th position in worldwide rankings.
Justtoken’s JMWH represents the most significant tokenized asset operating on the network, carrying a valuation of $1.76 billion. This asset embodies energy-backed real-world transactions and encompasses multiple tokenized commodity categories.
Ripple’s proprietary RLUSD stablecoin maintains approximately $382 million in tokenized value across the ledger. Ondo Finance has successfully tokenized short-duration government treasury instruments on XRPL, accumulating a combined value of $323 million.
Technical Analysis Points to Potential Price Correction
Despite positive developments in the RWA sector, market technicians remain cautious about immediate upward movement. Egrag Crypto maintains that XRP’s wave 2 downward correction remains incomplete. The analyst characterizes current market conditions as continuing to eliminate speculative positions.
Egrag Crypto identified XRP as positioned within a critical zone termed the “red flag zone” spanning $1.46 to $1.80. The primary support level rests at $1.46, followed by a secondary support at $1.13 should the initial level fail.
A more substantial correction extending to the $0.90–$0.73 price range remains within realistic possibilities, identified by the analyst as the probable wave 2 completion area. The bearish trajectory represents the favored outlook under current conditions.
A bullish scenario would require XRP to recapture and maintain weekly closes above the $1.80–$2.00 corridor. Such a development would activate wave 3 price objectives at $5, $8, and $13 according to the technical framework.
XRP recorded a price of approximately $1.39 during the reporting period, reflecting a decline exceeding 2% across 24 hours, according to CoinMarketCap data.
Exchange Activity Reveals Strong Accumulation Patterns
Digital asset exchange Bitrue documented a sevenfold multiplication in XRP trading volume during a 24-hour window. The volume expansion resulted from increased buy orders coupled with reduced selling activity.
XRP’s holder community has expanded to approximately 7.8 million participants. The digital asset attracted around $25 million in weekly capital inflows based on available market intelligence.
ETF-related clients acquired $2.2 million in XRP value, according to reporting from analyst Whale Insider on X, elevating total ETF-maintained net assets to $1.38 billion.
