XRP Ledger (XRPL) is entering a new growth phase, combining rapid payment speeds with developments in decentralized finance (DeFi) and tokenization. According to Dune Analytics, weekly payment transactions have increased by over 430% in two years, surpassing 8 million transactions, accounting for nearly two-thirds of on-chain activity.
This growth is driven by the efficient design of XRPL, with low transaction fees and built-in support for real assets. The integration of stablecoins like RLUSD and USDC has expanded the ecosystem and reinforced the role of XRPL in cross-border payments.
Although the DeFi activity of XRPL is currently close to 60 million USD, it is still far behind Ethereum. However, recent updates, including compatibility with the Ethereum Virtual Machine, could enhance network activity and position XRPL as a key player in DeFi.
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