The $XRP Ledger (XRPL) continues to raise capital in its real-world asset (RWA) ecosystem even as major blockchain networks face heavy outflows.
Data shared via RWA.xyz shows that XRPL has recorded $1.7 billion in net RWA inflows over the past 60 days. In contrast, several leading networks posted significant declines over the same period.
Ethereum led the outflows with $5.8 billion leaving the network. Arbitrum followed with outflows of $3.0 billion, while Solana and Polygon posted 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 substantial net inflows.
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 that XRPL attracted $1.9 billion in net RWA inflows over a 90-day period, excluding stablecoins. That put it ahead of Ethereum, which traded at $1.6 billion, and Stellar, which traded at $1.4 billion.
Other networks lagged 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 that capital continues to flow into XRPL’s tokenization ecosystem despite the weakness of competing blockchain networks.
Accelerate stablecoin and tokenized treasury operations
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. This represents an increase of 22.84% compared to the previous month.
Meanwhile, the Ondo Short-Term US Government Bond Fund has become the second largest tokenized asset on XRPL. The fund recorded approximately $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 approximately $3.56 billion in off-chain RWAs. This could create a significant pipeline of assets that could eventually be moved up the chain as adoption grows.
XRPL growth rate surpasses Ethereum
The $XRP Ledger has also grown rapidly in terms of tokenized asset value. XRPL’s tokenized RWA value grew from approximately $10 million in January 2025 to $400 million in April 2026. The network achieved that growth in approximately 15 months.
By comparison, it took Ethereum almost 36 months to reach a similar milestone. Year-to-date, XRPL’s tokenized RWA value has increased by 78%, from $227 million to $404 million. Ethereum recorded a growth of 36% during the same period.
The latest net inflow of $1.7 billion strengthens XRPL’s position as one of the fastest growing blockchain networks in the growing RWA tokenization sector.