TLDR:
- Evernorth XRP treasury secures over $1 billion in commitments, marking XRP’s shift to balance-sheet asset
- Bitwise, Canary Capital, Franklin Templeton, and Grayscale launch spot ETF products for XRP investment
- XRP Ledger processes 4 billion transactions with 116 validators across a decentralized network infrastructure
- XRP supply remains capped at 100 billion tokens with no mining, staking, or additional minting possible
XRP continues to strengthen its position as a functional digital asset for real-world financial applications. Recent developments include multiple spot ETF launches and the formation of institutional treasury holdings.
The digital asset maintains its ranking among the top three cryptocurrencies by market capitalization while expanding its utility across various financial sectors.
Blockchain Infrastructure and Market Position
XRP operates on the XRP Ledger, a public blockchain network that functions independently of Ripple. The network maintains 116 independent validators and over 910 public nodes across its decentralized infrastructure.
Since launching in 2012, the platform has processed more than 4 billion transactions and closed over 100 million ledgers.
The XRP Ledger utilizes proof-of-association consensus, which eliminates mining and staking requirements.
Transactions achieve finality within three to five seconds through this mechanism. The network has facilitated over $1 trillion in total value settlement since its inception.
RippleX highlighted through its official X channels that XRP’s supply remains permanently capped at 100 billion tokens.
No additional tokens can be created, and no single entity controls the total supply. This fixed supply model differentiates XRP from other digital assets with inflationary tokenomics.
Institutional Integration and Investment Products
Evernorth XRP represents the first institutional treasury dedicated to the digital asset. The treasury has secured commitments exceeding $1 billion, marking a transition for XRP into regulated balance-sheet holdings.
This development demonstrates growing institutional confidence in the asset’s utility and compliance status.
Multiple financial institutions have launched spot ETF products for XRP investment. Bitwise, Canary Capital, Franklin Templeton, and Grayscale now offer regulated investment vehicles for the digital asset. These products provide traditional investors with access to XRP through familiar market structures.
The XRP Ledger has emerged among the top ten blockchains for real-world asset activity. Major issuers, including Ondo Finance, OpenEden, Archax, Guggenheim Treasury Services, and Dubai Land Department, are building projects on the platform.
Additionally, the network supports a growing stablecoin ecosystem featuring RLUSD, USDC, XSGD, and other fiat-backed tokens.
XRP frequently serves as a liquidity pair for efficient exchange between these stablecoins and other network assets. Wrapped XRP extends functionality to additional blockchain ecosystems, including Ethereum, Solana, and Optimism.
The post XRP Gains Institutional Momentum Through ETFs and Treasury Adoption appeared first on Blockonomi.
Source: https://blockonomi.com/xrp-gains-institutional-momentum-through-etfs-and-treasury-adoption/
