XRP Ledger Daily Transactions Jump 40% to ~2.5M as Network Activity Rises Despite Weak Price
XRP Ledger (XRP) daily successful transactions have surged about 40% from recent lows to nearly 2.5 million, placing throughput near the highest levels seen in the past year. The increase marks a breakout from the mid‑year range of roughly 1.3–1.8 million transactions per day and the Q2–Q3 slowdown that pushed counts toward 1.0–1.2 million. The spike in transactions in February 2026 contrasts with muted price action: XRP still trades below major moving averages and well under prior highs near $3. On‑chain participation metrics show new address creation and daily wallet additions remain relatively flat (roughly 3,000–5,000 per day, with occasional spikes to 10–15k), and active accounts are far below previous cycle peaks. That implies the transaction growth is driven by higher activity per existing account — likely increased application usage, automated flows, or institutional transfers — rather than broad retail onboarding. Sustained daily throughput above 2 million would strengthen the case that real demand for ledger services is growing even if price momentum is limited.
Neutral
The news is neutral-to-slightly bullish for XRP’s fundamentals but not immediately bullish for price. A sustained 40% rise to ~2.5M daily transactions signals stronger network usage and suggests growing demand for ledger services — a constructive on‑chain development often viewed positively by traders and long‑term investors. However, user onboarding and retail participation remain muted; new address creation and daily wallet additions have not shown steady growth, and XRP’s price remains below key moving averages and far from prior highs. Historically, increases in transaction throughput without parallel retail inflows or on‑chain value transfers (e.g., significant on‑chain volume in value terms) produce mixed price responses: they can precede positive sentiment if sustained, but they do not guarantee an immediate rally. Short term: traders may see increased on‑chain activity as a reason for cautious interest — possible increased liquidity, more frequent on‑chain flows, and opportunities for intraday volatility but no clear bullish trigger. Long term: if throughput stays elevated above ~2M daily transactions and is accompanied by rising active accounts or large value transfers, it could support a bullish re‑rating of fundamentals. For now, expect neutral market impact unless user growth or value‑transfer metrics follow the transaction surge.