Is capital leaving Ethereum for XRPL's RWA market?

The competition between blockchain networks in the tokenized real-world asset market is gaining more attention as analysts debate whether capital is starting to shift toward the XRP Ledger.

Summary

• Analysts claim XRPL added fresh RWA capital while Ethereum experienced recent tokenized asset outflows.
• Crypto.news previously reported XRPL’s tokenized asset market expanded sharply during the first quarter.
• Ripple’s RLUSD and tokenization strategy continue driving attention toward the XRP Ledger ecosystem.

A recent social media post from crypto analyst Ledger Man claimed that the XRP Ledger recorded about $1.5 billion in new real-world asset inflows over the last 30 days, while Ethereum experienced roughly $1.2 billion in outflows. The figures have not been independently confirmed.

Analysts point to possible capital rotation toward XRPL

According to Ledger Man, some market participants believe money could be moving from Ethereum into the XRP Ledger ecosystem.

The analyst said growing interest in tokenized real-world assets may be helping XRPL attract additional capital. The claim comes as tokenization becomes one of the fastest-growing sectors in digital assets.

“Capital may be quietly shifting from Ethereum to the XRP Ledger,” the analyst wrote.

The figures mentioned in the post should be viewed as analyst estimates until they are confirmed by blockchain data providers or official reports.

XRPL tokenization activity continues to expand

Recent crypto.news reporting showed that the XRP Ledger’s real-world asset market cap increased by more than 124% during the first quarter.

The report said tokenized assets on XRPL reached approximately $2.25 billion. Stablecoin activity also increased as RLUSD continued expanding across the ecosystem.

Ripple has been focusing heavily on tokenization infrastructure. The company has promoted use cases involving tokenized securities, funds, and institutional assets.

Crypto.news also reported that RLUSD expanded to multiple networks through Wormhole integration. The move provided additional liquidity options for developers and institutions.

Ethereum remains the largest tokenization ecosystem

Despite claims of outflows, Ethereum still hosts the largest share of tokenized assets and decentralized finance applications.

Many institutions continue using Ethereum because of its established infrastructure, developer base, and liquidity depth.

Large tokenization projects from financial firms have traditionally launched on Ethereum or Ethereum-compatible networks.

This means competition between Ethereum and XRPL is not necessarily a winner-take-all situation. Several networks are trying to capture different parts of the tokenization market.

Tokenized assets become a growing battleground

The tokenized real-world asset sector has become one of the main growth themes across the crypto industry.Banks, asset managers, and fintech companies are increasingly testing blockchain-based versions of traditional financial products.

David Schwartz recently said tokenized securities, money market funds, loans, and repos could become important parts of the XRP Ledger ecosystem.

As more institutions enter the market, competition between blockchain networks is expected to increase.

However, claims about large capital shifts between Ethereum and XRPL remain difficult to verify. However, the growth of tokenized assets continues to place both ecosystems at the center of the next stage of blockchain adoption.