Ripple's XRP Sees Boost from ETFs and Real-World Assets Growth
XRP ETFs have seen four consecutive days of positive inflows, totaling over $15 million since July 29. The largest single-day influx was $7.69 million.
This recent trend is a shift from earlier in the month when XRP ETFs saw zero or low flows for several days. However, it's worth noting that over the past three months, these funds have only pulled in $219 million, with monthly totals declining during this period.
The growth of real-world assets (RWA) on the XRP Ledger has been a significant contributor to the network's activity. The value of tokenized assets has surpassed $4.959 billion, representing a 2% increase over the past month alone. This figure is substantial compared to the three-month ETF inflow total.
The number of RWA holders on the XRP Ledger has also grown, reaching 199 addresses with a 25% increase in the past month. Stablecoin holders have increased to 60.24 thousand over the same period.