XRP Ledger Sees Surge in RWA Holders as Ripple Expands Infrastructure
Ripple's efforts to expand the XRP Ledger infrastructure are paying off, as data shows a significant surge in Real-World Asset (RWA) holders. According to recent numbers, RWA holders on the XRP Ledger have increased by 25.16% over the last month.
This growth comes after Ripple announced investments in two companies aimed at advancing the XRP Ledger infrastructure and fostering institutional adoption of tokenized assets on the blockchain.
While the stablecoin market capitalization has fallen by 9.04% to $901.4 million over the same period, the number of stablecoin holders has increased modestly by 0.92% to more than 60,240 addresses.
The XRP Ledger's infrastructure expansion continues with over a thousand developers and businesses building on the network, providing enterprise-grade reliability, scalability, and cost-efficient transactions.