21shares Links XRPL Activity to Potential XRP Demand Growth
- 21shares reported $4 billion in tokenized assets on the XRP Ledger (XRPL).
- Ripple USD (RLUSD) supply reached $1.6 billion, with over half circulating on XRPL by mid-2026.
- The XRPL network averaged around 1.7 million transactions per day, totaling nearly half a trillion dollars in settlement activity annually.
- Every transaction burns a small amount of XRP, with over 14 million XRP burned since its inception.
21shares suggests that increased activity on the XRP Ledger could lead to higher demand for XRP due to its roles in transaction fees, reserves, and as a bridge asset for liquidity.
The expansion of tokenized assets and stablecoins like RLUSD on XRPL is seen as a key driver of this potential demand increase, with significant growth observed in both asset issuance and transaction volume.(Source)
