XRP Ledger Surpasses Solana in Real-World Asset Tokenization

The XRP Ledger (XRPL) has recently surpassed Solana in a significant metric, particularly concerning the tokenization of real-world assets (RWA), excluding stablecoins. Recent data from RWA.xyz shows that the XRPL now boasts an impressive total on-chain real-world asset value of approximately $1.756 billion, whereas Solana trails slightly behind with around $1.682 billion.

This shift in rankings highlights the growing importance of on-chain asset tokenization, as the gap between the two blockchain networks narrows. Analyzing the underlying factors that contributed to this crossing will reveal compelling insights about holder counts and market interest.