Tokenized gold is gaining new attention in the XRP community, and some voices say the technology is ready. According to reports from XRPL developers and industry figures, the ledger can support 24/7 access, fast transfers, and integration with automated market makers.
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Meld Gold is mentioned as a concrete step: reports have revealed that Meld partnered with Ripple in June 2024 and launched gold and silver tokens in the third quarter of 2024, with each token backed by one gram of physical metal held by trusted providers. That move put an actual product on the ledger instead of just talk.
Tokenized metals on the way to XRPL
Proponents argue that having on-ledger tokens backed by real metal changes the use case XRP and the XRPL. Phil Kwok, co-founder of Web3 technology company and education platform EasyA, told his followers that “tokenized gold is coming to the XRPL,” and validators like Vet pointed out the technical fit.
absolute.
tokenized gold comes to the xrp ledger.
and it’s going to be epic. https://t.co/wSPobxHD2W
– Phil Kwok | EasyA (@kwok_phil) January 9, 2026
Vet highlighted features such as constant availability and links to DeFi tools, and asked why widespread adoption has not yet occurred. Some future features, including lending and guaranty, were mentioned as ways to do this tokenized metals more useful.
Market demand and the incentive gap
Demand already exists in other corners of crypto. Reports indicate that Paxos and Tether control billions of dollars worth of tokenized metals, showing that investor interest is real. Yet implementation is important.
Pano Mekras of Anodos Finance told the discussion that incentives are likely the missing piece; Large companies can be reluctant to launch products on the market XRPL unless there are clear economic reasons to do so. Attracting large-scale projects may require active outreach and stronger incentives in the ledger.
Market reaction and price action
Based on reports, the price of XRP rose above $2 in early January 2026, reaching around $2.41 during a broader crypto upswing. The token later fell around $2 as traders processed their gains.
Since the highs, a pullback of around 14% has been reported, and trading has seen both inflows from institutions and periods of profit-taking. However, there is no clear evidence that tokenized metals have caused these fluctuations; market movements are tracked separately from product launches in the ledger.
What this means for the XRPL
As more tokenized metal products arrive, the XRPL could find new applications beyond payments. Trading and settling gold and silver tokens would increase transaction volume and open space for new DeFi tools built around these tokens.
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Adoption will depend on guardianship arrangements, auditing practices and regulatory clarity, areas that observers say still need work. Economic incentives, as Mekras warned, will play a key role in whether major issuers come on board.
Featured image from Unsplash, chart from TradingView