The blockchain that is the very cradle of XRP’s existence concluded its second quarter of 2025 with a record RWA market cap of $131.6 million-a number that would make even a tulip farmer weep with joy. Messari’s data, as reliable as a Russian novel’s plot, revealed that this surge was fueled by newly issued assets, which seemed to have emerged from the shadows of XRPL Apex in Singapore like tokenized treasures.
Among the most notable additions were Ondo’s OUSG tokenized treasury fund, Guggenheim’s digital commercial paper, and Ctrl Alt’s tokenized real estate-each more perplexing than the last. It’s as if the blockchain decided to host a gala for the world’s most confused investors.
XRP Ledger Sees Mixed Quarter
The influx of real-world assets set the stage for a grand spectacle of network activity, but alas, daily engagement metrics revealed a slowdown so profound, it could only be described as a collective yawn. The network’s users, it seems, had taken a nap, leaving only the most dedicated (or desperate) to wander its digital halls.
In the second quarter, most metrics declined, but the total addresses ticked up 4%-a triumph for the apathetic. Average daily active addresses plummeted by 41.2%, while new addresses dropped 46.2%. It’s as if the blockchain had a sudden aversion to novelty, preferring the comfort of familiarity-or perhaps the allure of a good conspiracy theory.
Despite this quarterly slump, year-over-year figures remain robust, with average daily active addresses soaring 165.5% and new addresses surging 219.8%. Yet, the average daily transactions on the network dipped 20%, as if the blockchain itself had developed a case of the Mondays.
The stablecoin metrics, however, remained as steadfast as a well-trained poodle. RLUSD, Ripple’s USD-backed stablecoin, reached a market cap of $65.9 million, a 49% quarter-on-quarter increase. It’s the financial equivalent of a goldfish in a diamond tank-unassuming, yet undeniably impressive.
Other launches during the period included Circle’s USDC, Braza Group’s USDB, Schuman Financial’s EURØP, and StratsX’s XSGD, expanding the XRPL stablecoin ecosystem like a toddler with a crayon and a blank wall.
NFT activity on the network staged a triumphant return, as if it had been on a long vacation. Daily average total transactions jumped 226.9%, with NFT minting surging tenfold. It’s as if the blockchain had discovered the secret to eternal youth-or at least, a very enthusiastic collector.
Interestingly, NFTokenMint reemerged as the dominant transaction type, much like a forgotten pop star making a comeback. By quarter-end, the XLS-20 standard accounted for nearly 13.5 million minted NFTs, a number that would make even a seasoned numismatist blush.
XRP’s Jaw-Dropping Upside Potential
Its native token, XRP, fell below the sacred threshold of $3 after a minor slump of 1.51% over the past day. Despite this setback, a new regression model has sparked speculation that the altcoin could one day reach $200-a number so lofty, it might as well be on another planet.
Analyst EGRAG CRYPTO applied a linear regression on a logarithmic scale, noting an R-squared value of 0.84754, which indicated strong historical correlation. The model outlines three potential outcomes: $18, $27, or a dramatic $200 overshoot, depending on XRP’s interaction with its historical price channel. It’s like predicting the weather in a hurricane-possible, but not particularly wise.
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2025-08-31 21:10