XRP Ledger Surpasses Solana in Real-World Asset Tokenization
- XRP Ledger (XRPL) has $1.756 billion in on-chain real-world asset value, while Solana has $1.682 billion.
- XRPL’s represented asset value increased by 276.75% over the last month, reaching about $1.45 billion.
- Solana’s distributed asset value rose by 43.34%, totaling approximately $1.64 billion.
- The XRPL has only about 22 real-world asset holders and a transfer volume of roughly $10.11 million, down by about 91% over the past month.
- In contrast, Solana has around 285,007 real-world asset holders and a transfer volume of approximately $2.18 billion, up by nearly 37% over the same period.
The XRP Ledger’s recent growth highlights its appeal for institutional tokenization with a focus on controlled structures rather than broad retail distribution, as seen in its significant rise in represented assets compared to Solana’s broader participation metrics.
As XRPL leads in total real-world asset value at $1.756 billion, it showcases a shift towards high-value tokenization despite lower transaction activity compared to Solana’s more active market participation.(Source)
