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XRP utility grows; ETFs hold 775.4 million tokens, RWA market jumps 124 percent

XRP use expanded in the first quarter of 2026, with institutional inflows continuing via spot ETFs and growth in tokenised assets and stablecoins on the XRP Ledger, an analysis said. Messari said U.S. spot XRP ETF holdings rose to 775.4 million XRP and the XRPL-based tokenised real-world asset market grew 124 percent from the previous quarter to $2.25 billion. XRP transactions rose while broader spot and derivatives volumes fell.