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XRP Ledger surpasses Ethereum and Solana with $274M in tokenized U.S. Treasury assets from Ondo Finance

Market News
10 Jun 2026
Coinpaper
View Source
Bullish
pluang ai news

The XRP Ledger (XRPL) has overtaken Ethereum and Solana as the leading blockchain network for tokenized U.S. Treasury products issued by Ondo Finance, holding about $274 million in value on-chain. This milestone highlights XRPL's growing role in institutional finance, focusing on reliable settlement and regulated asset support rather than retail-driven activity. The shift signals a broader trend towards blockchain adoption for real-world asset tokenization, with XRPL expanding beyond payments into a comprehensive institutional finance platform. Developments in decentralized identity and compliance on XRPL further position it as a key player in the future of regulated digital assets.

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