XRP Ledger Hits Record RWA Market Cap as Big Players Join the Blockchain Boom

The blockchain behind the XRP cryptocurrency – XRPL – completed the second quarter of 2025 at a file RWA market cap of $131.6 million. Messari’s knowledge revealed that the expansion was fueled by newly issued property introduced at XRPL Apex in Singapore.

A number of the most essential additions included Ondo’s OUSG tokenized treasury fund, Guggenheim’s digital industrial paper, and Ctrl Alt’s tokenized actual property.

XRP Ledger Sees Combined Quarter

The surge in real-world property on XRPL set the stage for broader community exercise, however regardless of these high-profile launches, each day engagement metrics highlighted a contrasting slowdown.

Within the second quarter, most community metrics showed declines, however the notable exception was whole addresses, which grew 4% quarter-on-quarter from 6.3 million to six.5 million. Common each day lively addresses fell sharply by 41.2% to 75,200, whereas whole new addresses dropped 46.2% to 305,800, because the community witnessed a decreased engagement from each new and present customers.

Regardless of this quarterly slowdown, year-over-year figures stay sturdy, with common each day lively addresses up 165.5% and new addresses rising 219.8%. Common each day transactions on the community additionally declined 20% in Q2, recording 1.6 million.

The stablecoin metrics, alternatively, stayed sturdy. On the finish of Q2, RLUSD, Ripple’s USD-backed stablecoin, reached a market cap of $65.9 million on the XRPL. This determine represented greater than a 49% improve quarter-on-quarter as RLUSD cemented its place as the biggest stablecoin on the community.

Different launches throughout the identical interval included Circle’s USDC, Braza Group’s USDB, Schuman Monetary’s EURØP, and StratsX’s XSGD, which has expanded the XRPL stablecoin ecosystem.

In the meantime, NFT exercise on the community staged a robust restoration in Q2 as each day common whole transactions climbed 226.9% from 15,400 to 50,400. The first driver was a tenfold soar in NFT minting, which rose from 3,400 to 37,800 per day, whereas different NFT transaction sorts remained largely unchanged.

Apparently, NFTokenMint reemerged because the dominant transaction kind after a quieter Q1 2025, much like its surge in This autumn 2024. By quarter-end, the XLS-20 customary accounted for practically 13.5 million minted NFTs, together with 3.4 million from Q2 2023, 1.8 million from This autumn 2024, and three.4 million from This autumn 2023.

XRP’s Jaw-Dropping Upside Potential

Its native token, XRP, fell beneath the essential stage of $3 after a minor hunch of 1.51% over the previous day. Regardless of the setback, a brand new regression mannequin has sparked hypothesis that the altcoin might in the future attain $200.

Analyst EGRAG CRYPTO applied a linear regression on a logarithmic scale, noting an R-squared worth of 0.84754, which indicated sturdy historic correlation. The mannequin outlines three potential outcomes: $18, $27, or a dramatic $200 overshoot, relying on XRP’s interplay with its historic value channel.