XRP Surges Past Bitcoin and Ethereum in Institutional Adoption

XRP's average transaction size has surged to $85,290, significantly surpassing both Bitcoin and Ethereum. This substantial increase in transaction value indicates strong institutional adoption of XRP, with asset managers, exchanges, and corporate treasuries driving large capital movements.

The trend suggests that retail trading is not the primary driver behind these transactions. Instead, institutions are increasingly using XRP as a preferred network for large-scale transfers, bridging traditional finance with digital assets.

Evernorth Holdings' plan to become the largest public XRP treasury company could further reduce circulating supply by holding XRP as a strategic asset. This development, combined with record XRP outflows from exchanges and $1.5 billion in U.S. spot ETF inflows, solidifies XRP's position as a preferred network for institutional transfers.