XRP RWA inflows overtake ETH's

TLDR

XRP Ledger real world asset inflows have recently surpassed Ethereums over the last month, reflecting a sharp rotation in tokenization flows toward XRPL.

1. Over the past 30 days XRPL has seen roughly $1.5 billion in net RWA inflows, while Ethereum recorded about $1.2 billion in outflows.
2. XRPLs tokenized RWA value has surged to around $2.4 billion with over 120 percent monthly growth, driven by platforms like CRX Digital Assets, RLUSD and Ondo Finance.
3. Ethereum still hosts more than half of all tokenized assets, so the key question is whether XRPL can sustain this inflow lead as competition, regulation and infrastructure evolve.

Deep Dive

1. What XRP RWA Inflows Overtake ETH Means

Reporting based on RWA.xyz data says XRP Ledger (XRPL) has logged over $1.5 billion in net inflows into tokenized real world assets over the last 30 days, while Ethereum saw about $1.2 billion in net outflows in the same period.

That puts XRPL at the top of tracked chains for recent RWA inflows, effectively flipping Ethereum on this 30 day flow metric, according to a detailed overview of how XRPL flips Ethereum in RWA inflows.

Crucially, this is about net RWA flows, not total tokenized value or overall DeFi activity, so it highlights momentum rather than long standing dominance.

2. Why XRPLs RWA Growth Is Accelerating

Fresh analysis shows XRPLs distributed RWA value up about 120 percent in 30 days, with total tokenized RWA around $2.43 billion and 71 percent growth over that span, based on RWA.xyz network data.

The stack is increasingly institutional: CRX Digital Assets accounts for roughly $590 million, Ripples RLUSD stablecoin about $371 million, and Ondo Finance around $323 million, with tokenized US Treasuries on XRPL growing from roughly $50 million to $418 million in a year.

These flows lean on XRPLs low fees and fast settlement plus new bridges like RLUSDs XRPLEthereumCardano connectivity, which make it easier for institutions to move tokenized bonds and cash equivalents across ecosystems.

3. How This Compares To Ethereum And What To Watch

Even with this inflow flip, Ethereum still hosts over 50 percent of all tokenized assets globally and ranks first in overall RWA stock, while XRPL only ranks fifth by total value, per the same RWA.xyz league table.

The story is therefore rotation and growth at the margin, not a complete regime change: some RWA capital is leaving Ethereum and expanding on XRPL, but Ethereums entrenched protocols and integrations still dominate.

Key things to watch are whether XRPL maintains top spot in 30 day inflows, how quickly its RWA product count and active holders grow, and how regulation and bank tokenization projects shape where large institutions choose to issue and trade RWAs.

Conclusion

XRPL overtaking Ethereum in recent RWA inflows signals that institutions are actively testing XRP Ledger for tokenized Treasuries and other real world assets, leveraging its settlement and new bridges.

However, Ethereum still controls the bulk of the existing RWA base, so the medium term question is whether XRPLs current inflow streak marks a durable shift in the tokenization landscape or a cyclical rotation that could reverse as conditions change.