XRP Ledger Transactions Surge Nearly Threefold in a Year – What Does It Mean?

Strict editorial standards emphasize accuracy, relevance, and neutrality, shaped by industry experts through thorough reviews to ensure high-quality reporting. Recent figures from Evernorth, the largest public XRP treasury company, indicate that daily transaction volumes on the XRP Ledger have soared to nearly 3 million this week, marking an impressive increase from the approximately 1 million transactions recorded daily in mid-2025. Activity on the XRP Ledger is at unprecedented levels, with current transactions significantly surpassing those noted during earlier phases, particularly around mid-2025 when XRP was experiencing a surge towards new all-time highs. Data from Evernorth, based on XRPScan, highlights February 2026 as a standout month, averaging around 1.3 million daily transactions compared to 800,000 in May 2025. Daily peaks have reached 3 million in March. The trajectory of XRP transactions has been anything but linear, showing fluctuations between 800,000 and 950,000 from May to August 2025, dipping below 700,000 on certain days, before witnessing a modest recovery in late 2025. However, early 2026 marked a notable turnaround, with average monthly transactions exceeding 1 million in January and daily counts now surpassing 2.7 million by March. Despite this heightened transaction activity, XRP's market price remains relatively stable around $1.4. However, analysts suggest that the current disconnect between network utility and token pricing may soon equalize, especially with growing institutional interest in XRP, as indicated by Evernorth's $1 billion valuation—a strategy akin to the corporate treasury model adopted with Bitcoin. The potential passage of the CLARITY Act may further influence XRP’s valuation, with an expectation of broad asset repricing, as outlined by Grayscale’s Head of Research, Zach Pandl.