The XRP Ledger has experienced a significant increase in daily successful payments, now averaging 2.5 million, up from 1.5 million in the previous quarter. This rise in on-chain activity comes despite a 51% drop in XRP's price since October 2025, when it was valued at $2.84, now standing at $1.39.
In addition to the increase in payments, deposits into automated market makers (AMM) on the XRP Ledger have reached an all-time high, with 11,123 deposits recorded on February 23. The total number of AMM pools has also grown, reaching 26,878, marking an increase of 2,428 pools this year. This uptick in activity highlights the growing adoption of the XRP Ledger, even as the broader cryptocurrency market faces a downturn.
XRP Ledger Sees Surge in Daily Payments Amid Price Decline
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
