XRP Ledger Volume Rose 79% in a Year With Traders Down 40%. Is XRP Being Used or Just Traded?
In Q2 2026, the volume on the XRP Ledger rose by 79% compared to the previous year, reaching 3.57 million XRP per day, while the number of trading accounts declined by 40%, from 1,864 to 1,111 daily. Despite fewer accounts trading, the average account moved 3,217 XRP daily, up from 1,072 a year earlier, and order-book trades made up 81% of all trades, a 25 percentage point increase.
The XRP price was $1.41 as of September 6, 2026, down 50% from a year ago, suggesting that the increased volume may not necessarily indicate more use of XRP, but rather more trading. New professional money may have entered the market, while smaller holders may have left. Additionally, tokenized assets on XRPL averaged $3.72 billion in Q2 2026, 30 times higher than a year earlier, and RLUSD balances increased by 642%, reaching $539 million, for a total of $4.26 billion in value held on the ledger.
Written by urgent.news from Yahoo Finance's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
