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XRP (CRYPTO: XRP) has experienced subdued price action over the past year, even as activity on its network has accelerated sharply, driven by growth in tokenized real-world assets.
Tokenized Treasury Supply Jumps 8x
According to EvernorthXRP, tokenized U.S. Treasuries on the XRP network have grown from roughly $50 million to about $418.5 million over the past year, an eightfold increase.
The expansion reflects a broader trend of traditional financial instruments being issued and managed on blockchain infrastructure.
Network usage has also risen significantly. Transfer volume totaled approximately $70.1 million …
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