XRP Ledger Hits Record Activity — 2.7M Daily Payments, but Price Down 62%
Altcoins

XRP Ledger Hits Record Activity — 2.7M Daily Payments, but Price Down 62%

March 14, 20262 min read

XRP Ledger is showing unprecedented growth in network activity: daily successful payments reached a 12-month high of 2.7 million transactions, while AMM pools surged to 27,000. Meanwhile, the price of XRP remains 62% below its late-2025 peak, trading around $1.40.

Key takeaway: XRP Ledger activity grew 2.7x since late 2025, but this hasn't translated into token price growth. The reason: Ripple's RLUSD stablecoin and tokenized assets use XRP only as a bridge currency.

Record Network Activity

Daily payments on XRPL grew from approximately 1 million in late 2025 to over 2.7 million in March 2026. Activity is approaching the 3 million mark, indicating real-world network usage for transactions rather than purely speculative trading.

Automated market maker (AMM) pools have exploded to nearly 27,000 active pools supporting over 16,000 unique tokens. Total liquidity in pools reached 12 million XRP.

Real-World Asset Tokenization

The value of tokenized real-world assets (RWA) on XRP Ledger climbed to $461 million, up 35% over the past 30 days. This is part of a global tokenization trend that is also driving growth on networks like Ethereum.

XRP Ledger: Key Metrics
Daily payments2.7M (12-month high)
AMM pools27,000 active
Unique tokens16,000+
RWA on XRPL$461M (+35% monthly)
XRP price~$1.40 (-62% from peak)

The Price Paradox

Despite impressive metric growth, XRP's price remains unresponsive. Analysts attribute this to the network's usage structure: much of the activity is generated by Ripple's RLUSD stablecoin and tokenized assets that use XRP only as a transient bridge currency.

Such transactions increase payment volumes but don't create lasting demand or scarcity for XRP. The token is converted in fractions of a second without lingering in wallets. This is a key difference from networks where the native token is used for staking or as DeFi collateral.

What This Means for Investors

The gap between network activity and token price challenges traditional crypto asset valuation models. High network utilization doesn't guarantee price appreciation if the protocol's architecture doesn't create token retention mechanisms.

At the same time, growing AMM infrastructure and RWA on XRPL may eventually change this dynamic if DeFi protocols emerge that require long-term locking of XRP as collateral.

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