XRP just beat Ethereum, Solana and others in 90-Day RWA flows as traders pile back into the token

Summary

XRPL attracted more new tokenized real-world asset capital than other major chains over the past 90 days, with $1.9 billion in net inflows versus Ethereum’s $1.6 billion and Stellar’s $1.4 billion. Ethereum still dominates the sector with about 52.8% of tokenized asset value and remains the main venue overall, but XRPL is outpacing peers in short-term growth. XRPL’s RWA footprint is split between about $3.6 billion in represented assets and $360 million in actively distributed assets. Stablecoin activity is also rising, with market cap near $908 million and 30-day transfer volume up sharply. XRP price and positioning have improved as well: exchange flows show stronger activity on Upbit while Coinbase, Binance, and Crypto.com have weakened. Futures open interest on Binance has rebuilt to a four-month high, but still looks orderly rather than overly leveraged.