- XRP price stays above realized value, meaning most holders are in profit despite recent pullbacks.
- XRPL now holds $2B in tokenized real-world assets, beating Ethereum and Polygon in growth.
- Investors are accumulating XRP below top buyers’ cost, hinting at growing market pressure and demand.
XRP is showing renewed strength as its market price trades at $1.48, closely mirroring April 2022’s market structure. Glassnode reports that the realized price—the average cost at which holders acquired XRP—is rising alongside the market price, signaling strong demand.
Consequently, investors see new capital entering the market while older coins revalue at higher prices. Besides, XRP’s recent pullback remains above the realized price, meaning most holders are still in profit.
The XRP Ledger (XRPL) has also made headlines by becoming the fourth-largest blockchain in terms of tokenized real-world asset (RWA) value. The network now represents $1.4 billion in RWA, reflecting a massive 266% increase over the past month, outpacing heavyweights Ethereum and Polygon.
Notably, Ripple’s Luke Judges confirmed the figure has already doubled to $2 billion, noting a delay in indexing from RWA.xyz. “His team has a clear strategy, which is now starting to pay off,” Judges added.
XRP Market Dynamics and Historical Patterns
Looking back, XRP has consistently displayed cycles of optimism and caution. During the 2017–2018 rally, the market price surged far above the realized price, reflecting heavy speculation. Conversely, in 2018–2019, the market price fell below the realized price, leaving many holders underwater.
Thus, the rally and subsequent correction continue to be a recurring pattern over time. In 2021, XRP once again saw a surge to prices above its realized price, only to dip below it in 2022. In late 2022 and into 2024, a steady pace of accumulation is visible as the realized price steadily rises despite sideways action in the markets.
Currently, investors in the 1-week to 1-month timeframe are accumulating below the cost basis of the 6–12 month cohort. This is similar to what we saw in February 2022, and thus, there is a sense of psychological pressure building on top of buyers. In addition, the rise in XRPL’s RWA value is a testament to the interest in the asset, which is a sign of its growing relevance in the real world.