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XRP Ledger traders drop 40% YoY but trading volume surges 79%, signaling bigger trades by fewer accounts.

Protocol Fundamentals
06 Oct 2026
Coinpaper
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Bullish
XRP Ledger traders drop 40% YoY but trading volume surges 79%, signaling bigger trades by fewer accounts.

In Q2 2026, the XRP Ledger saw a 40% drop in daily trading accounts but a 79% increase in average order-book volume, indicating that fewer traders are handling much larger amounts of XRP. The average XRP traded per active account nearly tripled, and order books now make up 81% of decentralized exchange volume, up from 54% a year earlier. This shift suggests growing concentration of liquidity among larger players, possibly institutions, as the network supports more tokenized assets and financial products. Despite fewer users, the total value held on XRPL rose significantly, reflecting its evolution into a platform for institutional assets and tokenized securities.

XRP Ledger traders dropped 40% year-over-year while average order-book volume surged 79%, showing fewer traders managing larger XRP amounts. For readers following major cryptocurrencies, here is Pluang's market snapshot as of Oct 06, 2026 16:42 WIB: out of 50 priced cryptos, 12 rose and 36 fell. Notable movers include FIL (Filecoin) up 8.31% with 80% buy activity, EOS (EOS.IO) up 8.13%, and ONE (Harmony) down 4.46% with 66% buy activity.

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