U.S. Treasury tokens held on the price You can go then.
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The institutions behind the boom
Platforms including OpenEden, Ondo Finance, and Zeconomy are behind the treasury tokenization campaign on XRPL.
Their activity indicates that established financial players are testing the network as a way to move traditional assets onto the blockchain rail.
According to data tracking platform RWA.xyz, the XRP Ledger has risen more than 60% over the past 30 days in the RWA rankings, putting it within striking distance of the BNB chain.
The total value of tokenized real assets on XRPL exceeded $3.6 billion in just five months, based on data cited by community commentator X Finance Bull in a post on X.
Why do people still hate Ripple:Original when XRPL price is up 63% in the last 30 days on the RWA league table?👇
In just 5 months, the XRP Ledger has absorbed over $3.5 billion in RWA value.
In just 5 months!
Imagine what the next few months could look like.
XRPL is approaching… https://t.co/HOXX33FRP9 pic.twitter.com/YFedTY1a6V
– Xfinancebull (@Xfinancebull) May 15, 2026
Assets in the real worldFor those unfamiliar, they are traditional financial products – bonds, funds, real estate and commodities – represented as tokens on the blockchain.
Proponents of the technology say moving these assets across the chain makes them easier to trade, settle and distribute.
ripple and XRPL Foundation They have been actively courting organizations to bring this type of activity to their network.
X Finance Bull, which describes itself as an XRP community guru, pointed to the growth numbers as evidence that the broader market is still underpricing the token.
He said trillions of dollars in assets could eventually be tokenized on XRPL — a scenario that, in his view, would push the price of XRP well above current levels toward $10. “XRP will melt faces” books. He added that the altcoin would rise “much higher.”
The market is still far ahead of us
The total tokenized asset market is already worth more than $350 billion globally. XRPL’s $3.6 billion share puts it at roughly one percent of that total, leaving plenty of room — at least on paper — for further growth if adoption continues.
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High release and conversion activity on the network indicates that organizations are not only exploring the idea, but actively using it, according to data firm Evernorth.
To prove that skeptics will eventually be proven wrong, X Finance Bull conducted a comparison with the early days of Bitcoin. Critics once insisted so Bitcoin The $100 will never be cleared.
It went on to reach a record high near $126,000 in October 2025. The analyst used this date to frame the current skepticism around XRP as a repeat of the same type of early decoupling.
Featured image from Unsplash, chart from TradingView
