Major Shift on XRP Ledger: Payments Now Lead Weekly Transaction Count

The XRP Ledger (XRPL), one of the oldest and most efficient blockchain networks, has recently seen a dramatic shift in activity patterns. Payment transactions now dominate the network, comprising nearly 60% of all weekly transaction volume. This surge signals renewed momentum in XRPL’s utility and growing adoption for real-world payments.

XRP Payment Transactions Skyrocket to New Highs

Payment transactions on the XRP Ledger have surged to unprecedented levels. As of June 2025, these transactions now represent nearly 60% of total weekly activity, a sharp increase compared to historical averages.

The chart highlights an intense spike in weekly transaction counts, with the aggregate reaching close to 40 million transactions at its peak — a record not seen since late 2022. This surge in volume suggests growing real-world utility of XRP as a medium for direct payments.

Shift Away from OfferCreate and TrustSet

In previous cycles, the XRPL's activity was dominated by transaction types like OfferCreate and TrustSet, commonly associated with decentralized exchange (DEX) operations and token setups. However, since early 2024, those categories have diminished, while Payment transactions — shown in deep blue — have taken center stage.

This shift points to increasing adoption of XRP for retail and institutional value transfer, as opposed to purely speculative or setup-based activities. The use case of XRP (XRP) as a fast, low-fee settlement layer appears to be gaining traction once again.