Key Takeaways:
VanEck named XRP Ledger the top corporate blockchain platform in a new ranking report published May 29, placing it ahead of JPMorgan's Kinexys.
"XRP Ledger's combination of speed, low cost, and proven settlement capability makes it the strongest enterprise blockchain today," the VanEck research team wrote in the report.
The ranking evaluated major enterprise blockchain platforms on criteria including transaction throughput, settlement finality, network reliability and institutional adoption. XRP Ledger processes transactions in three to five seconds at a fraction of a cent per transaction, according to Ripple's published network data. JPMorgan's Kinexys, which handles $2 billion in daily transaction volume, ranked second.
The endorsement from a top-tier asset manager with $200 billion in assets under management could accelerate enterprise adoption of XRP Ledger, particularly as the CLARITY Act — which would codify XRP's commodity classification — advances through the Senate.
VanEck's ranking arrives as the tokenization market swells past $31 billion in total value, with institutions increasingly choosing blockchain infrastructure for settling real-world assets. XRP Ledger has already hosted cross-border settlements involving JPMorgan, Mastercard and Ondo Finance, including a May 2026 pilot that cleared tokenized Treasury transactions in under five seconds.
XRP traded at $1.31 as of 09:00 UTC on May 29, down 5.3% over the past seven days, according to CoinGecko. The token has a market capitalization of $80.1 billion, making it the fourth-largest cryptocurrency by that measure.
The CLARITY Act, which passed the Senate Banking Committee in a bipartisan vote on May 14, would permanently classify XRP as a commodity under federal statute. The bill requires 60 votes on the full Senate floor to become law.
This article is for informational purposes only and does not constitute investment advice.
