XRP Ledger Sees Catastrophic Collapse of RWA Transfer Volume

The XRP Ledger (XRPL) network has seen significant declines in its Real World Assets (RWA) transfer volume over the past 30 days, with a staggering 96.88% collapse to $18.15 million on August 3.

This drop coincided with a 4% sell-off in XRP price and a 13% decline in network activity during the same period.

Despite this downturn, the XRPL recorded a 23% increase in RWA holders to 197 at press time, indicating continued growth in tokenization despite reduced trading volume.