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Altcoin News

XRP Ledger Payments Near 3 Million Despite Price Decline

So far this year, XRP has lost about $26.39 billion in market value, contributing around 4.78% of the total $551 billion decline in the global crypto market.

Written By Iyiola Adrian
Published 2026-03-14·Updated 7 months ago
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XRP Ledger Payments Near 3 Million Despite Price Decline

Key Highlights

  • XRP Ledger’s Daily payments recently reached about 2.7 million transactions per day, moving close to the 3 million mark.
  • The price of XRP has fallen this year, dropping from about $2.4 in January to around $1.39, even though activity on the network is rising.
  • Daily XRP payments were around 1 million in mid-2025, but have grown strongly since then, showing higher usage of the network.

Daily payments on the XRP Ledger are approaching the three-million mark in 2026, according to updates from the institutional XRP treasury firm Evernorth 

Meanwhile, the price of XRP continues to face pressure in the wider crypto market, which means that the network usage has been rising while the market value of the token struggles to recover.

XRP transactions are nearing 3M per day as of this week, up from ~1M per day in mid 2025. Nearly triple!

Price moves attract attention. Activity shows where adoption is growing as more financial assets move on-chain.

Learn more: https://t.co/seHMpTJ4yh pic.twitter.com/vdIi83XeHj

— evernorthxrp (@evernorthxrp) March 13, 2026

According to data from XRPScan the daily successful payments on the XRP Ledger recently crossed 2.5 million and climbed to about 2.7 million, placing the network close to the three-million level.

Evernorth confirms that the current figure is much higher than the roughly one million transactions recorded in the middle of 2025. The company also reported that daily transactions on the network have grown strongly over the past year. The payments counted in these figures include normal transfers between users, liquidity operations, and the movement of tokenized assets on the blockchain.

XRP price struggles amid market pressure

But while the network is seeing an increase in activity, the price of XRP itself is still struggling. According to data from CoinMarketCap, the global crypto market has lost more than $551 billion in value since the start of the year. XRP contributed about $26.39 billion to that decline, which equals around 4.78% of the total market loss. 

Data also shows that XRP has dropped more than the crypto market during the same period., with its market dominance standing at about 3.576%.

At the start of 2026, XRP showed signs of recovery. The token went above the $2 level and reached a high of $2.4 in early January. However, the upward move did not last long. Selling pressure returned as the overall market slowed down. 

At the time of writing this report, XRP is trading around $1.39, which means it has fallen about 42% from the January peak. The price has also struggled to move back above the $2 level despite the increase in activity on the network.

XRP Price Chart
XRP Price Chart | Source: CoinMarketCap

Network activity rebounds after a slow period

Meanwhile, historical data from XRPScan shows that payment activity on the XRP Ledger has changed several times over the past year. 

Early in 2025, daily payments increased from around 1.1 million to about 2.5 million during a period of stronger market conditions. The numbers later dropped during the middle of the year, with daily payments moving between 1.3 million and 2.3 million. 

Activity then declined further and sometimes fell below one million transactions around June and July. A small recovery followed later in the year, but daily payments again dropped below one million in December 2025.

Transaction activity started rising again at the beginning of 2026. Daily payments increased to between 1.5 million and two million in January before climbing higher in recent weeks. 

Evernorth highlighted this growth in a recent update and noted that daily payments are now getting close to the three-million level. The firm added that “price moves attract attention,” suggesting that stronger market momentum could bring even more activity to the XRP Ledger.

Also Read: XRP to $48? Analyst’s Moonshot Call Sets New Optimism Benchmark

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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