Crypto
XRP Ledger takes 26 percent of tokenised commodities market, ranks second after Ethereum
XRP Ledger (XRPL) is expanding its presence in the global tokenised commodities market, with its share rising to 26 percent, second only to Ethereum. Tokenised commodities on XRPL total $2.043 billion, out of an overall market of about $7.7 billion. Growth has been driven largely by JusToken’s energy product JMWH, which accounts for more than 86 percent of XRPL’s tokenised commodity value, raising concerns about reliance on a single asset.
