Ripple (XRP) is experiencing a simultaneous surge in demand across multiple indicators, including real-world asset (RWA) tokenization, spot ETF fund inflows, and an increase in new wallets. According to a report by overseas crypto media outlet Coingape citing an analysis by Evernorth, a digital asset financial management firm that supports Ripple, this trend is coinciding with the recent recovery in XRP's price.

XRPL Tokenized RWA Surges from $150 Million to Over $4 Billion in One Year

On July 7 (local time), Evernorth stated that the value of tokenized real-world assets on the XRP Ledger (XRPL) has expanded from approximately $150 million a year ago to over $4 billion currently. This marks a clear growth trajectory even within a bear market.

Currently, over 500 products are operating on the XRPL, with JMWH and the Ondo Short-Term Government Bond Fund driving approximately $2.5 billion worth of tokenized assets.

Previously, Coingape reported that JPMorgan, Ripple, Mastercard, and Ondo Finance completed the first cross-border tokenized government bond settlement on the XRPL. The transaction was processed in approximately four seconds, which Evernorth evaluated as evidence that large-scale funds from real-world asset tokenization are flowing into the XRP network.

Spot XRP ETF Records 8 Consecutive Weeks of Net Inflows... Cumulative Total Reaches $1.49 Billion

Following tokenized real-world assets, funds are also continuously flowing into spot XRP ETFs. Evernorth explained that it is showing a steadier inflow trend compared to Bitcoin and Ethereum ETFs.

According to Coingape, the XRP spot ETF has recorded net inflows for eight consecutive weeks, with cumulative net inflows reaching $1.49 billion. Last week, $17.19 million flowed in, which is about one-quarter the size of the tokenized real-world asset market.

Evernorth analyzed that these fund inflows are a signal of expanding institutional investor participation and are playing a role in connecting traditional finance with the virtual asset market. Assets under management (AUM) have reached $1.05 billion.

New Wallets Surge to 26,000... Derivatives Buying Pressure Also Strengthens

Recently, the XRP price rebounded more than 14% before giving back some of its gains. Evernorth diagnosed this price recovery as a phenomenon accompanied by an increase in new wallets.

New XRP wallets increased from 18,100 to 26,000 within a few weeks, marking the highest weekly growth since March of this year.

Citing CoinGlass data, buying pressure is also strengthening in the derivatives market. As of the time of reporting, XRP futures open interest recorded a 1% increase over the past four hours, reaching $2.38 billion. By exchange, CME increased by 3.21% and Binance rose by approximately 0.75%.

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