XRP Ledger Sees 79% Trading Volume Growth Amid Market Concentration

Despite a decline in daily traders on XRP Ledger, the platform's order-book volume saw a notable increase of 79% year over year (YoY) to 3.57 million XRP per day in Q2 2026.

This growth is largely attributed to larger trades by fewer participants, with average volume per account nearly tripling as daily trading accounts fell 40% to 1,111.

The rise in order-book volume and the surge in RLUSD stablecoin balances, which increased 642% to $539 million, contributed to a record $4.26 billion value held on the ledger.