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The XRP Ledger (XRPL) has recently shown remarkable growth. Data indicates that in the past 30 days, the XRPL network has added a transaction volume of up to 70 million transactions, with an average daily transaction volume of about 1.8 million, demonstrating extremely high activity. At the same time, the user base of XRPL continues to expand, with the total number of accounts exceeding 7 million. It is worth noting that in just the year 2025, there were an additional 1 million users, with an average of over 2,000 new accounts registered daily, reflecting the market's sustained enthusiasm for XRPL.
This growth is not only reflected in the number of users, but also in the thriving development of various sectors within the XRPL ecosystem. Particularly in the decentralized finance (DeFi) sector, the XRPL native decentralized exchange (DEX) and automated market maker (AMM) achieved transaction volume growth of 21% and 17% respectively, indicating that DeFi activities within the XRPL ecosystem are gradually warming up.
However, the most striking development is undoubtedly the breakthrough of XRPL in the stablecoin sector. Brazil's Braza Bank issued the BBRL stablecoin worth $4.2 million in July, becoming the second largest stablecoin on the XRPL network. Meanwhile, the daily trading volume of another stablecoin, RLUSD, also saw significant growth, jumping from the original 5,000 transactions to over 12,000 transactions, more than doubling. These figures strongly suggest that the application of institutional-grade stablecoins on XRPL is accelerating.
Overall, XRPL not only performs excellently in terms of trading activity, but more importantly, it is gradually establishing itself as a global stablecoin settlement infrastructure. If this trend can continue, we are likely to see more banks and financial institutions connecting to the XRPL network in the coming months.
This series of developments undoubtedly adds a lot of brightness to the future prospects of XRPL. With the continuous improvement of the ecosystem and the ongoing expansion of application scenarios, XRPL is expected to play a more important role in the fields of digital assets and financial innovation. However, we also need to remain cautious and closely monitor changes in the regulatory environment as well as potential technical challenges to ensure the long-term healthy development of XRPL.