The XRP ledger records the second-largest 30-day increase in tokenized real world assets (RWAs), adding 34.6% to $157.4 million. rwa.xyz show.
Overcoming monthly growth, expanding nearly 57% to over $539.3 million, Ethereum maintained its total value at $7.555 billion, earning 2.4%.
In particular, the XRP ledger is the 10th largest blockchain with tokenized RWA values, but it displays the third-largest number of projects in Sumar with six initiatives.
However, this number is set to rise as follows: Recent partnerships The aim is between Ripple and the Brazilian Crypto Platform to tokenize $200 million using the XRP ledger.
Aptos and XRP Ledger led the leaderboard in growth rate. Algorand reached $294.7 million by 21.8%, while Solana added 18.5% to $415 million.
Stellar is the only top 10 network to shrink, slipping in from 5.7% to $467.7 million. The Ethereum and Zksync era, which accounted for more than three-quarters of tracking values, recorded single digits of low movement. The XRP ledger share in the index market is currently 1.2%.
Tokenization stack for internal XRP ledgers
The US Treasury debt consists of $90.1 million, or approximately 57% of the network's RWA basis, with the largest slice of tokenized value in the XRP ledger. Public equity receipts will continue at $55.4 million, with non-US sovereign debt and real estate tokens giving $11.9 million and $2.9 million, respectively.
Archax holds Redger's protocol table for $112.1 million on three devices, equivalent to 55.6% of the on-chain amount, with Ondo holding $30.1 million.
Additionally, the token volume in the XRP ledger is set to increase. Brazilian Exchange Mercado Bitcoin announced on July 4 that it plans to tokenize more than $200 million in permitted fixed income and stock income products on the blockchain.
According to Ripple, the effort is one of the broadest Latin American tokenization campaigns. Based on Mercado Bitcoin records, it issues over $1 billion ($182 million) of private credit assets on chains with zero defaults.
The exchange will use the native settlements of XRP Ledger to distribute musical instruments to South America and Europe.
Ripple said Mercado Bitcoin has already used Ripple payments to move the Ministry of Finance across the border between Brazil and Portugal, and listed RLUSD Stablecoin earlier this year.
If fully completed, the new issue will be more than twice the current RWA capital of the ledger and move the network higher in the rankings of RWA.xyz.
