Key Highlights
- Real-world assets tokenized on the XRP Ledger exploded from $150M to $4B over the past 12 months
- Spot XRP ETFs maintained net positive inflows for eight weeks straight, accumulating $1.49B
- Ripple obtained comprehensive MiCA CASP licensing in Luxembourg, enabling operations across 27 EEA nations
- Weekly new wallet creation jumped from 18,100 to 26,000, marking the highest level since March
- XRP currently trades near $1.13, while futures open interest stands at $2.38B
XRP is experiencing simultaneous growth across multiple fundamental metrics. Intelligence from Evernorth, a digital asset treasury company backed by Ripple, reveals concurrent expansion in tokenized asset adoption, exchange-traded fund capital flows, and network participant growth.

The value of tokenized real-world assets operating on the XRP Ledger has skyrocketed from approximately $150 million twelve months ago to over $4 billion currently. More than 500 distinct products now operate on the network. JMWH and the Ondo Short-Term Government Bond Fund dominate this sector, collectively accounting for nearly $2.5 billion in tokenized value.
A landmark transaction recently saw JPMorgan, Ripple, Mastercard, and Ondo Finance successfully execute a cross-border settlement of tokenized treasury instruments on the XRP Ledger. The settlement completed in roughly four seconds.
Market analyst Celal Kucuker (@CelalKucuker) shared his perspective on XRP’s immediate trajectory, suggesting that “$XRP could reach $1.50 before the end of this month,” describing a 40% appreciation within 20 days as “absolutely possible.” His assessment coincided with strengthening on-chain metrics and derivatives market data.
Institutional Capital Continues Flowing Into XRP ETFs
Spot XRP exchange-traded funds have maintained positive net inflows for eight consecutive weeks, with aggregate inflows now totaling $1.49 billion. Combined assets under management across all XRP ETFs currently stand at approximately $1.05 billion, representing roughly 1.47% of XRP’s overall market capitalization.

Bitwise currently manages the largest XRP ETF measured by net assets at $330.84 million, with Canary ranking second at $265.30 million and Franklin third at $261.68 million. Recent daily trading volume across all XRP ETF products hit $14.48 million.
Evernorth emphasized that the sustained ETF inflow pattern demonstrates increasing institutional engagement, effectively creating a bridge between conventional finance infrastructure and cryptocurrency markets.
Ripple Achieves Full MiCA Regulatory Compliance Across Europe
Ripple has been granted a Crypto-Asset Service Provider license by Luxembourg’s CSSF regulatory authority under the European Union’s Markets in Crypto-Assets (MiCA) regulatory framework. This certification builds upon preliminary MiCA approval obtained in June and represents the completion of Ripple’s comprehensive authorization process under European Union regulations.
The licensing framework enables Ripple to passport its regulated cryptocurrency services throughout all 27 European Economic Area member nations. Cassie Craddock, Ripple’s Managing Director for the UK and European markets, confirmed that the company stands fully prepared to scale operations under MiCA regulations.
Ripple anticipates that the dual regulatory approvals will accelerate market adoption of XRP-powered payment solutions and its RLUSD stablecoin throughout European markets.
New wallet creation on the XRP network climbed from 18,100 to 26,000 weekly, representing the strongest weekly wallet growth since March. Open interest in XRP futures contracts reached $2.38 billion, with CME futures open interest increasing 3.21% in recent trading hours.
At the time of publication, XRP was changing hands at $1.13, trading within a 24-hour range between $1.11 and $1.16, while trading volume surged nearly 50%.


