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XRP Ledger activity spikes above 120 TPS amid RLUSD stablecoin supply shifts and XRP price holds near $1.35

Protocol Fundamentals
28 Mar 2026
Coinpaper
View Source
Neutral
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XRP Ledger has seen a rise in on-chain activity, processing over 120 transactions per second, driven largely by decentralized exchange offer cancellations rather than new payments. Concurrently, Ripple adjusted the supply of its stablecoin RLUSD with new minting on the XRP Ledger and burning on Ethereum, reflecting ongoing supply rebalancing. XRP's price remains around $1.35, below a key resistance level of $1.70, with market watchers eyeing whether increased network use and RLUSD growth can boost investor interest. Ripple's efforts to integrate RLUSD into real-world payments, including a pilot in Singapore, highlight the ledger's expanding role in enterprise settlement.

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