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XRP Ledger trading volume up 79% YoY in Q2 2026 despite 40% drop in daily traders

Protocol Fundamentals
02 Sep 2026
Crypto news
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Bullish
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In Q2 2026, XRP Ledger's order-book volume rose 79% year over year to 3.57 million XRP daily, even as daily trading accounts fell 40% to 1,111. This indicates larger trades by fewer participants, with average volume per account nearly tripling. RLUSD stablecoin balances surged 642% to $539 million, contributing to a record $4.26 billion value held on the ledger. The market is becoming more concentrated, partly due to new institutional trading features, while overall crypto trading activity also declined across networks.

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