cryptocurrency

XRP Ledger May Get Tokenized Gold Upgrade, Crypto Boss Reveals

Tokenized gold is getting new attention in the XRP community, and some say the technology is ready. According to posts from XRPL developers and industry figures, the ledger can support 24/7 access, fast transfers, and integration with automated market makers.

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Meld Gold is mentioned as a concrete step: reports revealed that Meld is partnering with Ripple in June 2024 and launching gold and silver tokens in Q3 2024, each token is backed by one gram of virtual metal held by trusted suppliers. That move put real product in the book instead of just talk.

Tokenized Instruments to XRPL

Advocates argue that having ledger tokens backed by real metal changes the use case for XRP and XRPL. Phil Kwok, founder of Web3 technology company and educational platform EasyA, told fans that “token gold is coming to XRPL,” and speculators like Vet have touted the merits of the technology.

Vet highlighted features such as the constant availability and links of DeFi tools, and raised the question of why wider adoption has not happened yet. Other future features, including lending and escrow, are mentioned as ways to make tokenized instruments more useful.

Market Demand and the Incentive Gap

The demand is already there in some crypto rooms. Reports note Paxos and Tether are holding multi-billion dollar token holdings, indicating investor interest is real. However, execution is important.

Pano Mekras of Anodos Finance told the interview that compensation is probably the missing piece; large firms may be reluctant to launch products on the XRPL unless there are clear economic reasons to do so. Attracting high-volume projects may require active access and strong ledger incentives.

XRP is now trading at $2.09. Chart: TradingView

Market Reaction And Price Action

Based on reports, the price of XRP went above $2 in early January 2026 and touched around $2.41 during the broader crypto rally. The token later settled near $2 as traders digested gains.

A pullback of around 14% has been reported since the peak, and trading has shown both inflows from institutions and periods of profit-taking. There is no clear evidence that tokenized instruments have driven these changes, however; market movements are tracked separately from the launch of the ledger product.

What This Means For XRPL

If more metal products arrive, XRPL could find new uses beyond payments. Trading and paying for gold and silver tokens can add transaction volume and can pave the way for new DeFi tools built around those tokens.

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Adoption will depend on child custody programs, audit procedures, and regulatory clarifications, which observers say still need work. Economic incentives, as Mekras warned, will play a key role in whether large exporters enter.

Featured image from Unsplash, chart from TradingView



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