XRP Ledger Attracts $1.7B in RWA Capital as Ethereum Declines

TLDR

• XRP Ledger recorded $1.7 billion in net RWA inflows over the past 60 days.
• Ethereum led network outflows with $5.8 billion, leaving its RWA ecosystem.
• Arbitrum, Solana, and Polygon also posted net RWA outflows during the period.
• XRPL ranked among the few major networks reporting positive RWA capital flows.
• Stablecoin transfer volume on XRPL reached $5.11 billion, up 22.84% month-over-month.

The XRP Ledger continued attracting capital into tokenized real-world assets while several blockchain networks recorded large outflows. Recent data from RWA.xyz showed the network posted $1.7 billion in net RWA inflows during the past 60 days. At the same time, competing chains reported declining asset flows across their tokenization ecosystems.

XRP Ledger Leads RWA Capital Growth

RWA.xyz data showed the XRP Ledger gained $1.7 billion in net RWA inflows during the last 60 days. Meanwhile, several major blockchain networks recorded net outflows during the same period.

Ethereum posted the largest decline as $5.8 billion left the network. Arbitrum followed with $3.0 billion in outflows, while Solana lost $653 million and Polygon lost $250 million.

The figures placed the XRP Ledger among a small group of networks reporting positive capital movement. TRON and HyperEVM also recorded net inflows during the measured period.

Earlier data from the RWA Foundation reflected similar results across a longer timeframe. The organization reported that XRPL attracted $1.9 billion in net RWA inflows over 90 days.

That performance placed XRPL ahead of Ethereum, which recorded $1.6 billion in inflows. Stellar followed with $1.4 billion, while BNB Chain recorded $848 million.

Solana attracted $611 million during the same period. Avalanche posted $362 million, while Sei Network and Mantle recorded $202 million and $90 million.

The latest figures showed continued growth within XRPL’s tokenization ecosystem. They also reflected ongoing asset migration into the network’s RWA infrastructure.

Stablecoin Transfers and Treasury Assets Expand on XRPL

Stablecoin activity on XRPL increased alongside rising RWA participation. According to RWA.xyz, stablecoin transfer volume reached $5.11 billion during the past 30 days.

The platform reported a 22.84% increase compared with the previous month. As a result, transaction activity continued to rise across the network’s stablecoin ecosystem.

Tokenized Treasury products also gained traction on XRPL during the same period. The Ondo Short-Term U.S. Government Bond Fund ranked as the second-largest tokenized asset on the network.

RWA.xyz reported approximately $259.6 million in transfers linked to the fund. Those transfers highlighted the growing use of tokenized government bond products.

Current data show XRPL holds about $3.56 billion in off-chain real-world assets. Those assets represent a large pool connected to the broader tokenization ecosystem.

Tokenized Asset Value Continues Rising

XRPL expanded its tokenized asset base rapidly during the past fifteen months. The network’s tokenized RWA value increased from roughly $10 million in January 2025.

By April 2026, tokenized RWA value reached about $400 million. The increase occurred within approximately fifteen months of growth.

Ethereum required nearly 36 months to reach a comparable level. Meanwhile, XRPL’s tokenized RWA value climbed 78% during 2026.

The value increased from $227 million to $404 million year-to-date. During the same period, Ethereum recorded growth of 36%.

RWA.xyz data showed the latest inflow figures reached $1.7 billion over 60 days. Those figures represent the most recent reported activity across the XRP Ledger’s RWA market.

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