XRP Ledger facing bullish adoption trends, as shown in DEX volume boost
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This development is largely driven by the many Ripple tokenization moves in recent times. In April 2025, Ripple Labs hinted at its plans to dominate the rapidly growing tokenization market. According to Ripple’s estimate, the market could reach $18.9 trillion in another eight years. The soaring DEX volume suggests that Ripple is determined to stake a claim in the tokenization market, and users are comfortable with the XRP Ledger platform.Ripple’s vision for future real-world asset tokenization has been embraced by one of its major partners in Japan. Notably, Yoshitaka Kitao, CEO of SBI Group, a financial giant in the Asian country,, which enables Ethereum-based decentralized applications to operate on XRPL, could be an added catalyst to the soaring volume.
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