TLDR
- Tokenized real-world assets on the XRP Ledger surged from $150M to $4B in one year
- XRP spot ETFs recorded eight consecutive weeks of net inflows, totaling $1.49B
- Ripple secured a full MiCA CASP license in Luxembourg, covering all 27 EEA countries
- New XRP wallets rose from 18,100 to 26,000 per week, the highest count since March
- XRP is trading around $1.13, with futures open interest at $2.38B
XRP is pulling in demand from several directions at once. Data shared by Evernorth, a Ripple-backed digital asset treasury firm, points to growth in real-world asset tokenization, ETF inflows, and new wallet activity all happening at the same time.
Tokenized real-world assets on the XRP Ledger have climbed from roughly $150 million a year ago to more than $4 billion. Over 500 products are now live on the ledger. JMWH and Ondo Short-Term Government Bond Fund lead the pack, together representing close to $2.5 billion in value.
JPMorgan, Ripple, Mastercard, and Ondo Finance recently completed a cross-border tokenized treasury settlement on the XRP Ledger. The transaction was settled in approximately four seconds.
Analyst Celal Kucuker (@CelalKucuker) weighed in on XRP’s near-term outlook, posting that “$XRP could reach $1.50 before the end of this month,” calling a 40% move in 20 days “absolutely possible.” The comment came as on-chain activity and derivatives data showed growing momentum.
$XRP could reach $1.50 before the end of this month.
40% move in the next 20 days is absolutely possible. pic.twitter.com/iL9G5qhUmO
— Celal Kucuker (@CelalKucuker) July 7, 2026
ETF Inflows Extend Winning Streak
XRP spot ETFs have now recorded eight straight weeks of net inflows, with cumulative totals reaching $1.49 billion. Total assets under management sit at approximately $1.05 billion, which is around 1.47% of XRP’s total market cap.
Bitwise holds the largest XRP ETF by net assets at $330.84 million, followed by Canary at $265.30 million and Franklin at $261.68 million. Trading volume across XRP ETFs reached $14.48 million in the latest session.
Evernorth noted that the ETF inflow streak signals a shift toward institutional participation, bridging traditional finance with the crypto market.
Ripple Completes MiCA Authorization in Europe
Ripple received a Crypto-Asset Service Provider license from Luxembourg’s CSSF under the EU’s MiCA framework. This follows an initial MiCA clearance in June and completes Ripple’s full authorization process under EU rules.
It’s official: Ripple has received its EU CASP license. We are now fully MiCA-compliant and ready to meet growing European crypto demand https://t.co/I9GRgvfGzH
— Ripple (@Ripple) July 6, 2026
The license allows Ripple to passport regulated crypto services across all 27 EEA member states. Ripple’s Managing Director for the UK and Europe, Cassie Craddock, said the company is now fully prepared to expand under MiCA.
Ripple expects the combined approvals to support adoption of XRP-based payment products and its RLUSD stablecoin across Europe.
New XRP wallets rose from 18,100 to 26,000 per week, the highest weekly count since March. XRP futures open interest reached $2.38 billion, with CME futures OI up 3.21% in recent hours.
XRP was trading at $1.13 at time of writing, with a 24-hour range of $1.11 to $1.16 and trading volume up nearly 50%.
