The typical variety of transactions per ledger on the $XRP Ledger (XRPL) is nearing ranges final seen throughout main bull markets.
As of March 24, the typical variety of transactions per ledger was approaching 200, in accordance with Vet, an XRPL validator on the community’s default Distinctive Node Listing (dUNL). This degree has traditionally coincided with main $XRP bull runs, most notably throughout the 2020 bull market and once more in This autumn 2024.
The upsurge in transactions per ledger has been constructing over the previous few months. In late 2025, the determine bottomed out and has since been step by step growing, bringing it again towards earlier cycle highs.
XRPL transaction spike coincides with its mainstream adoption
The notable progress in XRPL transactions per ledger has coincided with the continued mainstream adoption of the community as a cross-border fee rail. Particularly, the variety of $XRP Ledger addresses as of March 24, 2026, stood at roughly 8,170,693, up considerably from 4,866,823 accounts recorded on March 25, 2023, as per information shared by CryptoQuant, an on-chain analytics platform.
As Finbold lately reported, greater than 50% of XRPL’s transactions are funds, probably involving $XRP and Ripple USD (RLUSD). Reinforcing its utility, the XRPL community has additionally skilled vital progress in its use inside the Decentralized Finance (DeFi) ecosystem, accounting for 34.2% of the over 1 million transactions sampled.
Ripple Labs-induced progress
Ripple Labs has performed a major position in accelerating the expansion of the XRPL community by its strategic acquisitions, partnerships, and blockchain-based product options.
For example, in February 2026, Ripple Labs introduced a strategic partnership with Zand, an Synthetic Intelligence (AI) and blockchain-powered digital financial institution within the United Arab Emirates (UAE), to advance digital fee infrastructure.
