Payment transactions on the XRP Ledger have exploded, now making up nearly 60% of all weekly activity on the network.
According to Dune Analytics, weekly payments surged from 1.5 million in 2023 to over 8 million in 2025—an increase of more than 430%. On July 1 alone, daily payments neared 1 million out of 1.53 million total transactions.
This growth reinforces XRPL’s core use case: fast, low-cost global payments using XRP as a bridge asset. Ripple’s expanding footprint, particularly in the Middle East through its Ripple Payments service, has driven much of this institutional adoption.
While payments dominate, XRPL’s decentralized exchange (DEX) and DeFi features are gaining ground. Over 20,000 AMM pools are now active, and the network sees around 2,300 daily DEX users trading across hundreds of XRP pairs. Although it trails major smart contract platforms like Ethereum and Solana, XRPL continues to mature, with over 2,800 new accounts added in a single day and daily transaction volumes exceeding 2 million—up from 50,000 in 2013.
That momentum could accelerate with the upcoming launch of an EVM-compatible sidechain, which will allow Ethereum-based dApps to operate on XRPL. Still, payments are expected to remain the network’s dominant activity.
Meanwhile, Ripple’s long-running legal standoff with the U.S. SEC is finally winding down. The company withdrew its cross-appeal in late June, signaling a willingness to close the case—even if it means settling on tougher terms. CEO Brad Garlinghouse emphasized the shift toward growth over litigation.
With the legal cloud lifting, analysts and stakeholders believe XRP could see renewed institutional interest and potentially pave the way for an ETF in the near future.
Alexander Stefanov
Reporter at Coindoo
Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over 8 years of experience covering the crypto, blockchain and fintech industries, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics.
Source: https://coindoo.com/xrp-ledger-payments-hit-record-high-as-legal-case-nears-end/