Crypto
XRP Ledger Value Hits Six-Quarter High Amid Declining Account Activity
The XRP Ledger saw its highest average value held in six quarters during Q2 2026, reaching $4.26 billion.
This figure is significant compared to just six quarters earlier, when it was only $99 million.
Average RLUSD balances on the XRP Ledger also rose substantially, from $73 million a year ago to $539 million in Q2 2026, an increase of 642%.
Despite this rise in value, the number of accounts transacting on the ledger fell by 24% compared to the same period last year, averaging about 16,600 per day.