XRPL has reached $400 million in tokenized real-world asset (RWA) value in just 15 months, significantly outpacing several major blockchain networks, including Ethereum.
Evernorth revealed this in a recent report $XRP community commentator BankXRP reinforced the findings within the crypto community. The comparison has drawn attention to XRPL’s accelerating tokenization activity and highlighted the network’s ability to scale at a pace comparable to some of the fastest-growing ecosystems in the industry.
Key points
- XRPL reached $400 million in tokenized real-world asset value in just 15 months.
- It took Ethereum 36 months to reach a similar milestone.
- XRPL recorded a 78% growth in tokenized assets since the beginning of the year, from $227 million to $404 million.
- The network currently ranks tenth globally in terms of tokenized value represented, while Ethereum remains the market leader with $16.8 billion.
XRPL reaches $400 million token value faster than Ethereum
The report compared how long it took for major blockchain networks to grow from $10 million to $400 million in tokenized asset value. According to the data, XRPL completed the milestone in just 15 months, while Ethereum took 36 months to reach the same level.
Specifically, XRPL’s tokenized RWA market was approximately $10 million in January 2025. However, the valuation rose to $400 million in April 2026, allowing the network to accomplish this feat in 14.9 months.
In contrast, Ethereum’s tokenized RWA market was approximately $10 million in September 2018, before eventually rising to $400 million in September 2021, approximately 35.9 months later. Additionally, the data showed that XRPL outperformed Avalanche and Polygon by six and seven months, respectively.
XRPL outperforms Ethereum in terms of YTD growth
Furthermore, XRPL has also outperformed Ethereum in terms of tokenized asset growth this year. According to Evernorth, the tokenized value of XRPL has increased by 78% this year, from $227 million to $404 million.
Meanwhile, Ethereum’s token value grew by 36%, from $13.8 billion to $18.66 billion over the same period. Notably, several other blockchain networks have also recorded strong tokenization growth in 2026.
Among blockchains with more than $200 million in tokenized assets, SEI leads the way with 858% growth since the beginning of the year. Plume follows with 366%, while zkSync Era and Stellar recorded growth rates of 361% and 131% respectively.
$XRP Secures top position among enterprise-oriented Blockchain networks
Meanwhile, XRPL has overtaken several enterprise-focused blockchain networks, including Aptos, Mantle and Algorand. As of May 2025, XRPL was among the networks with a token value of $116 million, while Aptos, Mantle and Algorand were at $120 million, $148 million and $304 million respectively.
However, the rankings have shifted significantly. XRPL now leads the group with $404 million in token value, while Aptos and Algorand are down to $64.9 million and $70.9 million, respectively. Although Mantle’s valuation has increased to $258 million, it remains below XRPL’s current level.
The development comes as competition increases among blockchain networks seeking dominance in the fast-growing tokenization market. According to data from RWA.xyz, XRPL currently ranks tenth globally in terms of ‘represented’ tokenized value at $404.4 million. Nevertheless, Ethereum continues to dominate the sector with a token valuation of $16.8 billion.