XRP Ledger Volume Surges 79% Year-Over-Year Despite Decline in Active Traders
The XRP Ledger (XRPL) saw a significant increase in trading volume, with order-book activity rising by 79% year-over-year to an average of 3.57 million XRP per day during Q2 2026. However, the number of daily active accounts fell sharply from 1,864 to 1,111 over the same period—a decline of 40%. Despite this drop in user activity, each remaining account traded three times as much on average compared to a year ago. The XRP price has fallen by half since September 2025 and currently trades at $1.41. Meanwhile, tokenized assets on the XRPL averaged $3.72 billion during Q2—up from just over $120 million in Q2 2025—and RLUSD balances surged to an average of $539 million, a 642% increase. The broader crypto market also experienced reduced activity: daily active addresses on XRPL dropped by more than 23%, and overall blockchain exchange volume fell across seven major networks. The data raises questions about whether the increased trading is due to institutional adoption or simply consolidation among existing traders.
Tickers: $XRP
Topics: blockchain crypto trading volume tokenized assets XRPL usage trends