XRP Ledger tokenization report.> The XRP Ledger (XRPL) is experiencing significant expansion, largely propelled by a rapid increase in tokenized real-world assets (RWAs). According to the report, the total value of tokenized RWAs on XRPL has climbed by 34.6% in the last month, reaching $157.4 million—a staggering 2,200% rise since the beginning of the year. This remarkable growth is attributed to greater institutional involvement, such as Mercado Bitcoin’s $200 million RWA tokenization project in Latin America, which utilizes XRPL’s low transaction costs and swift settlement capabilities, as highlighted by Cryptopolitan. XRPL now stands among the top ten blockchains by tokenized asset value, marking a notable achievement for a network initially built for payments.
TradingView analysis.>
XRP
Tundra, an innovative protocol developed on XRPL, is leveraging this surge through a dual-token structure that connects Solana’s high-speed processing with XRPL’s dependable infrastructure. The system features TUNDRA-S, a utility token on Solana, and TUNDRA-X, a governance and reserve token native to XRPL, enabling separate yet interoperable functions for yield and governance, as detailed by Cryptopolitan.
FinanceFeeds report
.
XRP Tundra’s design prioritizes transparency at an institutional level. Its smart contracts have been independently audited by Cyberscope, Solidproof, and FreshCoins, while Vital Block’s KYC certification verifies the team’s identities, as reported by Cryptopolitan. This approach meets the increasing need for transparent proof of reserves in tokenized assets, which is essential for regulatory standards. The protocol’s use of
Chainlink
oracles further strengthens cross-chain operations, ensuring up-to-date data synchronization between
Solana
and XRPL, according to a
Cryptopotato report
.
Market trends also underscore XRP’s growing appeal for institutional investors. Evernorth, a treasury firm supported by Ripple, intends to raise $1 billion through a SPAC merger to acquire XRP, with these purchases expected to reduce available supply and potentially boost prices, as noted by TradingView. Analyst Vincent Van Code cautions that if IPO funds are used to buy XRP on the open market, a “supply shock” could occur due to the ledger’s restricted circulating supply of 60 billion tokens. This situation differs from Solana, which leads in daily active accounts (2.5 million compared to XRPL’s 25,000) and transaction volume (100 million daily versus XRPL’s 1.5 million), as highlighted in a
CryptoNews comparison
.
XRP Tundra introduces Cryo Vaults, an on-ledger staking system that allows XRP holders to earn yield directly on the network—a first for XRPL. By locking XRP or TUNDRA tokens in fixed-term vaults, participants can earn up to 20% APY, with rewards transparently distributed via smart contracts, as described in a
Cryptopolitan feature
. This model offers a flexible, user-driven staking alternative to traditional systems like Stellar’s inflation-based rewards, according to the same Cryptopolitan report. Liquidity is stabilized through Meteora’s DAMM V2, which adjusts trading fees to discourage dumping and support staking pools, as explained by FinanceFeeds.