XRP Ledger Sees $2.6 Billion Tokenized Asset Surge

The XRP price has seen an uptick to $1.10 as the XRP Ledger adds $2.6 billion in tokenized assets over the past six months. This growth in real-world assets comes from the addition of Justoken's JMWH energy tokens, which account for more than half of XRPL's total RWA value at $2.23 billion.

The XRP Ledger has surpassed several larger smart-contract networks in terms of new tokenized asset value, including Solana and Avalanche. However, this growth does not directly translate to increased demand for the XRP token itself.

Crypto analysts have set a higher target price for XRP in anticipation of positive price movement in top cryptocurrencies like Bitcoin and Ethereum.