XRP Outpaces Ethereum and Solana in 90-Day RWA Inflows
The XRP Ledger (XRPL) is attracting capital at a rate that surpasses major competitors like Ethereum and Solana. According to recent data on RWA flows, XRPL recorded $1.9 billion in net real-world asset inflows over the last 90 days. This movement of capital places XRPL ahead of Ethereum’s $1.6 billion and Stellar’s $1.4 billion in the same period.
The shift in capital indicates a changing competitive dynamic among Layer 1 networks seeking institutional issuance. While Ethereum maintains its position as the primary venue for tokenized assets—holding a 52.8% market share with approximately $17 billion in tokenized asset value—the velocity of new capital is moving toward XRPL.
The broader RWA market is expanding. Data from RWA.xyz shows the global market has reached $33.5 billion in distributed asset value, alongside $350 billion in broader represented asset value. Other chains also recorded significant inflows during this 90-day window:
- BNB Chain: $848 million
- Solana: $611 million
- Avalanche: $362 million
- Sei Network: $202 million
- Mantle: $90 million
This surge in XRPL inflows provides a network-growth argument for XRP traders as derivatives and exchange-flow data improve. However, the trend remains fragile. The recent inflow surge is concentrated in South Korea, and while derivatives activity is rebuilding, it is doing so without a major leverage spike.
Ethereum’s asset base grew by roughly 35% over the course of 2026, but XRPL is currently outpacing that rate on a relative basis over the short term. The competition for tokenized sovereign debt, private credit, and multi-asset funds is intensifying as capital seeks the most efficient ledger for issuance.
Watch whether these RWA inflows translate into sustained liquidity or if the concentration in specific geographic markets limits the long-term impact on XRP's market position.
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