The XRP Ledger is seeing a surge in institutional activity, with tokenized US Treasury bonds growing from $50 million to over $418 million in roughly a year. This eightfold increase has renewed speculation about XRP's price trajectory.
Platforms including OpenEden, Ondo Finance, and Zeconomy are behind the Treasury tokenization push, signaling that established financial players are testing the network for moving traditional assets onto blockchain rails.
According to data from RWA.xyz, the XRP Ledger climbed more than 60% over the past 30 days in its real-world asset rankings, now within striking distance of BNB Chain. Total tokenized RWA value on XRPL has crossed $3.6 billion in five months.
XRPUSD now trading at $1.42.
Community commentator X Finance Bull argues the broader market is underpricing XRP, predicting the token could eventually reach $10 as trillions of dollars in assets become tokenized on XRPL. "XRP will melt faces," he said, adding it will go "much higher."
The overall tokenized asset market is valued at over $350 billion globally. XRPL's $3.6 billion share represents roughly one percent, leaving significant room for growth if adoption continues.
Drawing a comparison to Bitcoin's early days, X Finance Bull notes critics once insisted BTC would never clear $100 before it reached a record close to $126,000 in October 2025.