XRPL Tokenized Assets Hit $2.25B as RLUSD Jumps 45% in Q1 2026

According to Messari's latest State of XRP report, the XRP Ledger reached major milestones in Q1 2026. Tokenized real-world assets (RWAs) on the network climbed to $2.25 billion, representing a 124% increase quarter-over-quarter. Meanwhile, Ripple's RLUSD stablecoin expanded to $340.3 million in market capitalization, up 45% QoQ, becoming the largest stablecoin on XRPL.

Network activity accelerated despite XRP's 27.1% price decline during the period. Daily transactions increased 35.3% to 2.48 million per day. U.S. spot XRP ETFs collectively held 775.4 million XRP, or 1.26% of circulating supply, at quarter-end.