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XRP Ledger leads 2026 commodities tokenization with $2.2B energy deal backing.

06 Nov 2026, 16:29 WIB
UToday
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Bullish
XRP Ledger leads 2026 commodities tokenization with $2.2B energy deal backing.

XRP Ledger remains the top platform in tokenized commodities for 2026, driven by a $2.2 billion energy contract from the Justoken JMWH fund. This single deal accounts for 89% of the XRP Ledger's tokenized commodities market, far surpassing competitors like Ethereum and Avalanche. The platform's fast transaction speeds and new token standards attract institutional investors. Without this deal, XRP Ledger would rank fifth, but it continues to dominate the market as the year ends.

Ethereum leads with a market cap of Rp4.937,47 trillion on Pluang as of Nov 06, 2026 21:52 WIB, despite a 5.78% drop in price to Rp40.483.378. Avalanche holds a market cap of Rp67,15 trillion with a smaller 2.50% price decline. These figures highlight the scale difference between major platforms like Ethereum and Avalanche, while XRP Ledger's dominance in tokenized commodities is driven by a major $2.2 billion energy contract, a factor not reflected in these market caps or price movements on Pluang.

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