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XRP price drops 27% in Q1 despite 35% rise in XRP Ledger transactions and stablecoin growth

Protocol Fundamentals
31 May 2026
Crypto news
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Neutral
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In Q1 2026, XRP's price fell 27% and trading activity slowed, but XRP Ledger (XRPL) transactions rose 35.3% to 2.48 million daily. The RLUSD stablecoin on XRPL grew 44.9% to $340.3 million, becoming the largest stablecoin on the network. The market cap for tokenized real-world assets on XRPL jumped 124.1% to $2.25 billion, highlighting expanding network use despite price weakness. New institutional finance tools also advanced, signaling potential growth in lending and asset management on XRPL.

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