XRP Ledger payments top 1 billion XRP as daily volume doubles

XRP Ledger account-to-account payments hit 1.13 billion XRP in a single day, more than doubling recent levels in the largest transaction spike of the past month, XRPL data.

The jump in account-to-account transfers follows a first half in which the ledger added 489,739 new accounts, lifting the total to 8.403 million, according to RippleXity on-chain data.

Exchange balances fell to a seven-year low of 2.748 billion XRP, a sign holders are moving tokens to self-custody, while cumulative spot ETF inflows reached $1.50 billion, about 1.48 percent of XRP's market cap. Ripple's RLUSD stablecoin supply on the ledger climbed to roughly $873 million, with another $712 million on Ethereum.

The network growth has yet to lift the token, which trades near $1.06, down 41 percent year to date and trapped between support at $1 and resistance at $1.16. A break below $1 would extend a bear market that has persisted for most of 2026.

Payment Volume Doubles as Ledger Activity Accelerates

The 1.13 billion XRP in single-day account-to-account payments represents a more than 100 percent swing from recent daily levels, according to XRPL network data. The spike marks the largest transaction burst of the past month, driven by a rise in peer-to-peer transfers rather than exchange-related flows.

The activity surge coincides with a broader build-out of the XRP Ledger. The xrpld 3.3.0 update, slated for next week, introduces five amendments designed to shift reserve fee costs from retail users to institutions, including Sponsored Fees and Reserves. The upgrade requires at least 80 percent validator agreement over a two-week window to activate.

Network Growth Hasn't Translated Into Price Gains

Despite the on-chain expansion, XRP has lagged. The token is down 21.8 percent over three months and 36.6 percent over six months, and remains more than 66 percent below its July 2025 high of $3.65. The RSI sits at 43, below the neutral level, indicating mid-level selling pressure.

The divergence between network activity and price has drawn attention to the CLARITY Act, the bill that would classify XRP as a commodity under federal law. The legislation moved through the Senate Banking Committee but was set aside, and inflows into XRP ETFs slowed to $27.29 million in July from $131.94 million in May, when the bill looked closest to passing.

For XRP holders, the question is whether the payment volume spike marks the start of a sustained uptrend in usage or a one-off burst. The ledger's account growth and declining exchange supply suggest accumulation, but the token's price remains pinned below $1.16, and a failure to hold $1 would leave the network's expansion without a market confirmation.

This article is for informational purposes only and does not constitute investment advice.