XRP Adds $2.6B Assets

The XRP Ledger has added approximately $2.6 billion in tokenized real-world assets (RWA) over the past six months, positioning it as the second-largest blockchain for net RWA inflows behind BNB Chain, according to Protocol Fundamentals.

This growth is dominated by Justoken's JMWH energy tokens, valued at $2.23 billion—representing over 85% of XRPL's total tokenized asset value. According to the source briefing, this concentration in energy tokens suggests that utility-backed tokenization is currently XRPL's strongest narrative, but it also introduces single-issuer risk, as JMWH accounts for nearly 86% of total value.

Separately, Ripple's RLUSD stablecoin was listed on Upbit, South Korea's largest exchange controlling approximately 70% of the country's crypto market, with trading pairs against KRW, BTC, and USDT as of July 28, 2026. Broader market sentiment remains cautious ahead of US regulatory clarity, with the CLARITY Act vote still pending. The source notes that XRPL's RWA expansion does not directly translate to increased XRP demand.

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