$1.38 Billion Tokenized Assets Surge on XRP Ledger Sparks Price Concerns
A recent surge in tokenized assets on the XRP Ledger (XRPL) has reached $1.38 billion, according to reports. This marks a significant milestone for XRPL as it continues to gain traction as a platform for real-world financial infrastructure.
However, despite this impressive figure, experts caution that it barely translates to direct demand for the XRP token itself. In fact, most of the $1.38 billion consists of stablecoins or static records with minimal transfer activity, rather than trading activity that drives up the price of XRP.
This disconnect between XRPL's growth and XRP's price has been noted by analysts, who point out that a network can succeed as infrastructure while its token lags behind. The contrast is stark: capital is flowing toward using the ledger far faster than toward owning the coin.