On December 2, XRP Ledger (XRPL) velocity climbed to 0.0324, its highest level of 2025, according to data retrieved by Finbold from CryptoQuant, a blockchain analytics platform that tracks real-time on-chain movements across major cryptocurrencies.
Velocity measures how often XRP changes hands within the network and the sudden increase indicates a clear rise in economic activity and transactional usage on XRPL.

Rather than being held in inactive wallets, XRP is moving quickly between market participants, which signals stronger liquidity and heightened trading involvement, typically reflecting repositioning from traders and whales during periods of market volatility. The latest reading confirms that user engagement on the network remains strong even as price performance has cooled.
XRP ledger charts shows velocity consistently active
CryptoQuant’s chart shows that velocity has remained active throughout the year. The December 2 surge arrived while XRP continued to correct from its August peak near $3.50 to around $2.17 as of December 4. Historically, spikes in circulation tend to coincide with price pullbacks as token turnover accelerates when sentiment becomes uncertain.
Despite the recent pullback, the underlying network still appears healthy. Velocity data suggests that XRP is continuing to function as a settlement asset within the ecosystem, reflecting genuine transactional demand rather than idle accumulation. Analysts often view sustained on-chain movement as a positive indicator for longer-term network strength because usage growth frequently precedes price recovery.