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XRP Ledger transactions near bull market highs amid rising adoption and Ripple partnerships

Protocol Fundamentals
25 Mar 2026
Finbold
View Source
Bullish
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The average number of transactions per ledger on the XRP Ledger (XRPL) is approaching levels last seen during major bull markets, nearing 200 transactions as of March 24. This rise reflects growing mainstream adoption of XRPL as a cross-border payment network, with addresses increasing from about 4.87 million in March 2023 to over 8.17 million in March 2026. Over half of these transactions are payments involving XRP and Ripple USD, while decentralized finance (DeFi) activity accounts for over a third of transactions. Ripple Labs has boosted this growth through strategic partnerships, including a recent collaboration with UAE-based digital bank Zand to enhance digital payment infrastructure.

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