Skip to content
- Evernorth report shows XRP rapidly expanding across tokenized finance markets.
- Institutional inflows drove most XRP tokenization growth during past year.
- XRP surpassed enterprise blockchain rivals while gaining market traction.
Evernorth released a new study that reveals the recent surge in the growth of XRP’s place in the tokenized finance industry, which has overtaken several enterprise blockchain players. Despite being a late-comer to the market compared with many established players, XRP has become one of the fastest-growing networks for tokenizing assets, the report reads.
Researchers analyzed the activity for tokens on 29 blockchain networks from 2018 to May 2026. Evernorth says that the value of the assets on the blockchain has risen from around $3 million in September 2024 to over $400 million in 20 months. The report suggested that the expansion was a result of the network’s growing institutional interest. Evernorth took a more holistic approach and considered the rate at which blockchain networks gain new tokenized assets. Based on this, the report said that XRP is in the top ten networks in terms of growth momentum.
Also Read: Binance Heatmap Data Shows Crypto Market Leaving Low-Conviction Trading
XRP Climbs the Tokenization Rankings
XRP hit the $400 million mark for tokenized assets in 15 months since it crossed the $10 million threshold. In their report, the 36-month period for Ethereum was the same timeframe that seems to have seen the same type of growth, while Avalanche and Polygon also grew at a slower rate over similar periods. Evernorth said that XRP’s scaling performance is now on par with some of the networks traditionally considered to be the biggest players in the tokenization space such as Solana, Arbitrum, and zkSync Era. Further, the report pointed out that XRP was able to expand without benefiting from atypical launch conditions and focused early adoption.
The study also noted a major change in XRP’s ranking amongst the enterprise-oriented blockchain networks. Networks like Algorand, Mantle, and Aptos had bigger valuations in tokenized assets compared to XRP one year ago. But the new data indicated that XRP is on the rise against its three rivals. The update, per Evernorth, indicates that there is more new tokenization activity choosing the XRP destination network. The report said neither assets have been moved directly from other chains but rather noted a shift in the preferences of assets issuers in the sector.
Institutional Activity Drives XRP Growth
Another important discovery was the structure of the growth of XRP. Evernorth says that 96% of all the tokenization growth on the network over the last 12 months happened on just 20 trading days. Ethereum, however, had achieved growth because of numerous smaller inflows over the course of the year. This suggests to Evernorth that XRP’s growth seems to have been more organic as it has grown through institutional investment than retail adoption.
The report also cited XRP’s features such as low transaction fees, settlement finality in seconds, and the ability to go through a settlement without the need for depositing. These features are consistent with the needs of financial institutions looking into tokenizing assets and blockchain settlement systems.
Also, the research indicated that growth patterns tend to outperform the overall rankings for determining future market direction. With the ever-growing expansion of tokenized finance, Evernorth said the choice of a platform for institutional issuers could be a big factor in establishing a successful or less successful blockchain network.
Evernorth’s most recent report indicated that XRP is making significant strides in the tokenized finance sector with a swift rise in growth and establishment of a growing number of institutional partnerships. While overall, Ethereum’s tokenized asset value still outpaces that of other networks, XRP was showing signs of growth as more issuers and institutions become involved in the sector, the research showed.
Also Read: Samsung Deepens Crypto Expansion Through Multi-Million Dunamu Investment
