XRP Demand Expected to Rise as Tokenized Assets Expand on XRPL

According to asset manager 21shares, XRP demand is expected to rise due to increasing activity on the XRP Ledger. The firm points out that tokenized assets and stablecoins are expanding on XRPL, with $4 billion in tokenized assets and $1.6 billion in RLUSD supply, more than half of which circulates on the XRP Ledger.

21shares emphasizes that XRP's direct role is through transaction fees, account reserves, bridge liquidity, and situations where it serves as an intermediary asset. The firm estimates that the network averaged around 1.7 million transactions per day and approximately $1.3 billion in on-chain value per day over the past year, putting total settlement activity near half a trillion dollars.

Rising RLUSD use has coincided with higher network activity. RLUSD-related transactions on XRPL rose from about 54,000 in December 2024 to between 600,000 and 1.1 million per month during 2026, according to Evernorth data. The RLUSD/XRP pair processed roughly $900 million during the six months through June.