XRP Ledger Reaches Record RWA Market Cap of $131.6M – SEC Approves Defiance Leveraged Long & Income XRP ETF

The XRP Ledger (XRPL) is witnessing a surge in real-world asset (RWA) market capitalization, reaching a new all-time high of $131.6 million. According to Messari’s Q2 2025 report, this milestone comes on the heels of various high-profile RWA issuances, notably announced at the XRPL Apex event in Singapore during June 2025. Platforms like RWA.XYZ now allow users to easily track and monitor these assets. Over 13 RWAs have been integrated onto RWA.XYZ, with more integrations planned. This growth in RWA activity highlights the XRPL’s expanding role beyond traditional cryptocurrency trading.