XRP News Today: XRP Price Rises 7.1 Q2 as Ledger Utility Surges With Stablecoins and RWA Growth

The XRP Ledger has demonstrated a significant increase in utility according to the Q2 2025 report by Messari, a leading provider of financial data for digital assets. The report highlighted a 7.1 percent quarter-on-quarter increase in XRP’s price, attributed to consistent demand and a modest 1.4 percent rise in circulating supply [1]. This growth suggests a balanced dynamic between supply and market interest, reinforcing XRP's position as the fourth-largest cryptocurrency by market capitalization, reaching $132 billion by the end of the quarter.

Stablecoin activity on the XRP Ledger surged during the period, with RLUSD emerging as the largest stablecoin on the network. RLUSD’s market capitalization rose 49.4 percent quarter-on-quarter to $65.9 million. New stablecoin launches, including USDC by Circle, USDB by Braza, EURØP by Schuman, and XSGD by StraitsX, contributed to expanding use cases and further utility on the Ledger [1]. The growing presence of stablecoins underscores the Ledger’s evolving role in facilitating real-time, low-cost global transactions.

Real-world asset (RWA) tokenization also saw notable growth, with the RWA market cap on XRPL reaching $131.6 million by the end of the second quarter. This followed key announcements at the XRPL Apex event in Singapore, including the tokenization of ondO’s OUSG treasury fund, Guggenheim’s digital commercial paper, and real estate tokens from Ctrl Alt [1]. The increasing tokenization of traditional assets reflects a broader trend of blockchain integration into mainstream financial infrastructure.

The XRP Ledger further expanded its capabilities with the launch of an EVM sidechain on June 30, opening the network to Ethereum-style applications and developer tools [1]. This development is expected to attract a wider developer community and enhance the Ledger’s functionality, potentially driving new use cases and further adoption. Additional tools, such as a permissioned DEX for credentialed trading and TokenEscrow support for IOUs and multi-purpose tokens, were also introduced, broadening the ecosystem’s utility.

Transaction activity on the XRP Ledger also saw a marked increase, particularly in NFT-related transactions. Daily NFT minting surged ten-fold, elevating daily volumes from approximately 15,000 to 50,000 [1]. This uptick signals heightened user engagement and suggests potential future demand pressure on the XRP price. The growth in NFTs and tokenization highlights the Ledger’s capacity to support diverse applications beyond payments, reinforcing its value proposition in a competitive market.

The observed correlation between XRP’s price increase and its growing utility metrics indicates a positive feedback loop that may indicate underlying market confidence in the asset. While the report does not offer specific analyst forecasts, the consistent performance and expanding use cases suggest a strengthening foundation for XRP. Investors are encouraged to continue monitoring both macroeconomic conditions and on-chain developments for further clarity on the asset’s trajectory.

Source: [1] XRP Ledger Utility Jumps in Messari Q2 Report, XRP Price ... (https://blockonomi.com/xrp-ledger-utility-jumps-in-messari-q2-report-xrp-price-follows/)