XRP Ledger has experienced a significant increase in tokenized real-world assets (RWA), adding $900 million within a day and surpassing a total of $3.5 billion. This surge is attributed to Justoken's JMWH product, which saw its value rise from $861 million to $1.76 billion. However, it remains uncertain if this increase reflects actual data or a technical glitch.
The JMWH product, a digital energy token representing real megawatt-hours of electricity, is now the largest tokenized product on the XRP Ledger, accounting for nearly 50% of the total RWA value. This development has propelled XRP to third place among networks by represented real-world assets, with a 65% increase over the past 30 days. Despite the impressive figures, Justoken has not yet confirmed the spike, urging caution among investors.
XRP Ledger Sees $900M Surge in Tokenized Real-World Assets
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