XRP Price Slumps Despite Ledger Growth Reaches $4.38 Billion

Ripple's XRP Ledger has seen significant growth in tokenized real-world assets (RWA), reaching $4.38 billion, making it a major player in the space.

This is despite XRP's price struggling to gain momentum, trading at $1.10 and down 69% from its July 2025 all-time high of $3.55.

The growth in RWA on the XRP Ledger can be attributed to three assets: Justoken's energy product JMWH ($2.229 billion), CRX Digital Assets' credit product, and Ripple's own stablecoin RLUSD ($1.51 billion market cap, backed by $1.62 billion in cash).

Ripple has been expanding its infrastructure, launching Mint, a platform for institutional clients to mint, redeem, and manage RLUSD, as well as partnering with compliance provider Notabene.