XRP Ledger Expands to Tokenized Assets as Price Forecasts Vary

XRP’s blockchain is evolving beyond fast payments, with Ripple’s CTO emeritus David Schwartz outlining a new settlement and issuance layer for tokenized securities, money‑market funds, repos and on‑chain loans【1】. At the same time, AI‑driven price forecasts for XRP range from a modest rebound to a short‑squeeze‑driven rally, highlighting divergent expectations for the token’s near‑term market performance【2】.

Key takeaways

• The XRP Ledger now supports a Multi‑Purpose Token (MPT) standard and a permissioned DEX for tokenized assets【1】.
• Tokenized real‑world assets on XRPL grew from $24.7 million to $2.3 billion between 2025 and early 2026, placing the ledger eighth globally【1】.
• The XLS‑66 lending protocol, required for on‑chain repos and loans, is pending final validator approval【1】.
• Grok AI predicts XRP could reach $1.55‑$1.75 by early July, with a possible short‑squeeze scenario pushing it to $1.60‑$1.80【2】.
• A bearish outlook warns of a drop to $1.00‑$1.05 if Bitcoin remains weak or regulatory delays occur【2】.

New Infrastructure for Tokenized Securities and Credit

Schwartz’s June 5 briefing described two core mechanisms driving XRPL’s expansion. The Multi‑Purpose Token (MPT) standard enables complex assets such as bonds and funds to be represented on‑chain with built‑in attributes like maturity dates, eliminating the need for custom smart contracts【1】. Simultaneously, the native lending protocol under XLS‑66 is being rolled out to allow fixed‑term institutional loans with isolated vaults and automated repayments【1】. While the permissioned DEX and credential‑gated order books already host a live offering, full activation of the lending protocol still requires an 80 % supermajority vote from validators【1】.

Real‑world asset (RWA) activity on the ledger has surged, climbing from $24.7 million to $567.9 million in 2025—a 2,200 % increase—and reaching roughly $2.3 billion by early 2026【1】. This growth places XRPL at about 1.53 % of the global tokenized RWA market, ranking it eighth worldwide. The top issuers—VERT Capital, RLUSD, and OpenEden—account for 85.5 % of the tokenized value as of mid‑2025, with Ripple’s regulated stablecoin RLUSD holding a $1.3 billion market cap【1】.

Divergent Price Outlooks from AI Models

Grok AI, referenced in a recent article, projects XRP’s price at $1.55‑$1.75 by early July, assuming a “base case” scenario where Bitcoin stabilizes and heavy short positions are forced to cover, potentially driving the token to $1.60‑$1.80【2】. The model attributes the current $1.13 price to macro‑driven destruction rather than fundamental weakness, suggesting a wider gap between price and perceived value【2】.

Conversely, the same analysis warns of a bearish floor between $1.00 and $1.05 if Bitcoin continues to weaken or regulatory actions—such as delays in the CLARITY Act—stall institutional adoption【2】. The daily chart at the time of writing showed XRP testing a $1.09 low, the lowest since before the November 2024 breakout, with the $1.20 structural support broken on a closing basis【2】. Recovery above $1.20 would be needed to validate any short‑squeeze narrative【2】.