The XRP Ledger (XRPL) network, which uses XRP as its native token, has crossed the 5 billion transactions mark for the first time since its inception.
The XRP Ledger has recorded a total of 5,016,297,013 transactions between June 2, 2012 and August 27, 2026, according to data from XRPSCAN.
As such, it took 14 years, 2 months, and 25 days for XRPL to cross this milestone. Over the years, XRP Ledger has evolved with the Web3 space backed by Ripple Labs, which is a major XRP holder.
For instance, Ripple Labs helped XRP gain legal clarity in the United States after the court ruled the token is not a security. Earlier this month, Brad Garlinghouse, CEO of Ripple, said that XRP Ledger has a massive opportunity through Hidden Road, now part of Ripple Prime, and GTreasury, now known as Ripple Treasury, as Finbold reported.
Furthermore, these two platforms processed a combined $16 trillion in transactions last year, with only $16 billion, or 0.1%, moved through XRPL.
XRP Ledger crosses 5 billion amid rising adoption
The mainstream adoption of XRPL has been catalyzed by tokenization of real-world assets (RWA), amid rising demand for digital assets. For example, the XRP Ledger has $1.02 billion in stablecoin market capitalization, up 6.84% over the past 30 days, based on metrics from RWA.XYZ.
This network has attracted around 82,530 stablecoin holders, up 37.18% in 30 days. Amid the rising number of holders and minting of stablecoins, this network’s 30-day transfer volume was $5.11 billion.
As of press time, the XRPL had a total of 8,529,688 accounts, an all-time high (ATH), as per updates from CryptoQuant.
Consequently, the rising global adoption of XRPL has fueled its on-chain activity.
Featured image via Shutterstock
