TLDR
- The XRP Ledger processed 2.7 million daily payments—a 12-month record—while XRP’s price fell 26% since January
- XRPL’s AMM pools expanded to almost 27,000, and real-world asset tokenization on the network increased 35% to $461 million in one month
- XRP currently hovers around $1.42, representing a 62% decline from its $3.65 peak in late 2025
- Technical analysts highlight critical support between $0.80 and $0.95, while a move past $3.32 could trigger targets of $27–$48
- Despite XRP’s $84 billion market capitalization, the XRPL total value locked remains at only $47.54 million
The XRP Ledger is experiencing unprecedented network activity, yet the token’s market performance tells a different story. Currently priced around $1.42, XRP has declined 26% year-to-date and sits 62% beneath its late-2025 all-time high of $3.65.
Successful daily payment transactions on the XRP Ledger recently touched 2.7 million—the highest mark in twelve months. This represents a significant increase from approximately 1 million transactions recorded in late 2025, with the network consistently handling 20 to 26 transactions each second.
The platform’s automated market maker infrastructure has expanded to nearly 27,000 pools, facilitating trading for more than 16,000 distinct tokens. These pools collectively hold twelve million XRP in liquidity.
Real-world assets tokenized on XRPL climbed to $461 million—a 35% jump over thirty days. During this same timeframe, stablecoin transfer volume reached $1.19 billion, while the total stablecoin market capitalization on XRPL stands at $339 million distributed among 35,800 holders.
Much of this transactional volume stems from Ripple’s RLUSD stablecoin and tokenized instruments that utilize XRP momentarily as a bridge asset. These use cases don’t create long-term holding demand for the token.
Why Network Growth Hasn’t Boosted XRP Prices
When XRP facilitates a cross-border transaction for mere seconds as a bridge between fiat currencies, it generates no sustained buying pressure. Network throughput increases, but the token remains highly liquid and temporary in wallets.
According to DeFiLlama, XRPL’s total value locked sits at a modest $47.54 million. By comparison, Solana maintains approximately $4 billion in TVL, while Ethereum exceeds $40 billion.
Daily decentralized exchange volume on XRPL ranges from $4 million to $8 million. This figure appears minimal for any Layer 1 blockchain, particularly one commanding an $84 billion market capitalization.
However, the $149 million in 30-day RWA transfer volume—representing a surge of over 1,300%—suggests genuine institutional engagement in asset tokenization initiatives.
What Technical Analysts Are Monitoring
Crypto analyst EGRAG CRYPTO has identified a critical accumulation zone spanning $0.80 to $0.95, where several technical elements align, including compression of the 21, 50, and 100 exponential moving averages alongside a multi-year ascending trendline.
Should XRP recapture the 21 EMA and escape its current downward correction, the initial upside target would be $2.20. This bottoming formation could extend through Q2 or Q3 of 2026.
Trader Ali Martinez has outlined a long-term ascending triangle formation with horizontal resistance positioned near $3.32. A decisive breakout beyond this threshold could unlock macro price objectives ranging from $27 to $48.
Meanwhile, analyst Crypto Patel observes a confirmed multi-year triangle breakout pattern, projecting a bull cycle peak around $50.
The support band between $1.27 and $1.30 has proven resilient across numerous retests. Historically, XRP has delivered an average 18% gain during the month of March.
