The XRP Ledger (XRPL), a decentralized blockchain network, has seen its platform’s activity slow down sharply. Recent data has shown fewer transactions and less overall use on the network. This came after XRPL started strong this year. This marks a significant shift in the usual transaction volume on the ledger, which is popularly known for its speed and low-cost transaction fees. XRPL Sees Noticeable Drop in Transactions and Users Since March, payment activity on the XRP Ledger has dropped sharply. Transactions fell to 320,747, the lowest level since October last year. This marks a sharp drop from over 1 million monthly transactions in 2025. Data from XRPScan also shows fewer people are using the network, with active addresses dropping below 10,000, the lowest since October. Notably, these addresses represent individual users making payments or other actions. The amount of XRP burned as transaction fees dropped to just 1,500 XRP, showing fewer overall transactions. Fewer new accounts are being created, too, and each new account usually requires a 1 XRP reserve. This slowdown comes after a strong start to the year. According to Messari, from January to March, transaction activity on XRPL jumped 36%, and active users rose by 142%. This remarkable growth underscores the increasing adoption and utilization of the XRPL network. XRP Struggles While Bitcoin Thrives Market watchers have compared Ripple’s native token XRP to Bitcoin (BTC) market movement. While the flagship crypto recently reached a price peak of over $110,000 in late May, XRP grew by 62%. The token climbed from $1.60 to $2.60, benefiting from the general market recovery. However, XRP has slowed down since then and has not returned to its January peak of $3.40. This shows that XRP is not growing as fast as Bitcoin anymore. Meanwhile, macroeconomics and market uncertainty play a significant role in pressuring crypto’s trajectory. According to CoinMarketCap data, XRP is trading at $2.22 at the time of writing, up 3.25% in the last 24 hours . Ripple’s Moves Strengthen the XRP Ecosystem Ripple, the company behind the XRPL project, has made big moves lately . The fintech company bought Hidden Road in April , becoming the first crypto firm to run a global prime brokerage. This move is expected to improve XRP liquidity and trading services. More recently, Ripple’s new stablecoin RLUSD also got approved by the Dubai Financial Services Authority (DFSA). This means RLUSD can now be used in Dubai’s leading financial center, opening new doors for Ripple. Looking ahead, Ripple is getting ready to host its XRP Ledger Apex 2025 event in Singapore from June 10 to 12. This event could bring more updates and attract new interest in the XRPL and Ripple’s associated token. The post XRP Ledger Activity Drops After Strong Start to 2025 appeared first on TheCoinrise.com .
