XRP Ledger Hits New RWA Milestone, But Will This Have Any Impact On The Price?
The XRP Ledger (XRPL) has achieved a new milestone, hitting $3 billion in total tokenized value on the network. Crypto pundit X Finance Bull highlighted the significance of this milestone, although it looks unlikely to have any impact on price for now.XRP Ledger Hits $3 Billion In Total RWA ValueAc…
➤ The XRP Ledger (XRPL) has surpassed $3 billion in total tokenized real-world asset (RWA) value, marking a significant 59% increase in the last 30 days with 291 RWA projects on the network. ➤ Despite this milestone, analysts suggest it is unlikely to impact XRP's price in the short term, with bearish technical indicators pointing towards potential further downside. ➤ Key RWA projects on XRPL include Ripple's RLUSD stablecoin, Ondo Finance's tokenized treasuries, and Justtoken's energy-backed commodities, with XRPL aiming for a top ranking in total RWA value.