XRP News Today: XRP Ledger Surpasses 1 Million Users on Infrastructure Upgrades

Generated by AI AgentCoin World
Saturday, Aug 2, 2025 7:33 am ET1min read
Aime RobotAime Summary

- XRP Ledger (XRPL) surpassed 1 million users in 2025, averaging 3,000 daily wallets, driven by Ripple CTO David Schwartz’s infrastructure upgrades.

- Network metrics show 7 million monthly transactions, 700 million year-to-date transactions, and 7 million active accounts, reflecting enhanced scalability.

- A new EVM-compatible sidechain attracted 1,400 smart contracts, while cross-chain transfers via Axelar exceeded $165 million to Ethereum networks.

- Stablecoin BBRL reached $4.2 million in issuance, yet XRP’s price fell 8% below $3 in August amid ongoing market volatility.

- Infrastructure advancements highlight XRPL’s focus on long-term stability, distinguishing its growth trajectory from other major cryptocurrencies.

The XRP Ledger (XRPL) has achieved a major milestone in 2025, surpassing 1 million new users and averaging more than 3,000 new wallet creations daily. This surge in adoption is attributed to infrastructure upgrades led by Ripple’s CTO David Schwartz, who has prioritized technical improvements and protocol enhancements to boost network efficiency and reliability [1]. The growth is supported by tangible metrics, including over 7 million monthly transactions and a total of 7 million accounts now active on the ledger [2].

The expansion aligns with a historical pattern of increased adoption following significant upgrades, such as the 2025 release of the rippled 1.5.0 update. These enhancements have not only strengthened the ledger’s capacity but also positioned it for continued scalability and user engagement [1]. Daily transaction volumes reflect the growing utility of the XRPL, with the network processing over 70 million transactions in July 2025 alone, bringing the year-to-date total to nearly 3.83 billion [2].

Cross-chain activity has also seen a notable increase, with more than $165 million transferred via Axelar to Ethereum-compatible networks. The XRP Ledger’s new EVM-compatible sidechain, launched in late June, has already attracted over 1,400 smart contracts, offering developers familiar Ethereum-like tools while leveraging the XRPL’s speed and low cost [1]. Stablecoin adoption is expanding as well, with BrazaBank’s BBRL reaching $4.2 million in issuance, making it the second-largest fiat-pegged asset on the ledger [1].

Despite the ledger’s growing adoption and transaction volumes, the XRP price has remained volatile, falling 8% below $3 in early August [3]. However, the recent infrastructure developments suggest a focus on long-term stability and scalability, independent of short-term price fluctuations [4].

The developments underscore a period of both technical and community-driven growth for the XRP Ledger, with the network’s expanding capabilities potentially supporting a broader range of applications. While other major cryptocurrencies have not shown significant reactions to XRPL’s progress, the ledger’s increasing transaction throughput and user base highlight its unique growth trajectory [1].

Sources:

[1] XRP Ledger Adoption Climbs With 1 Million New Users in ... (https://coindoo.com/xrp-ledger-adoption-climbs-with-1-million-new-users-in-2025-as-cto-invests-in-network-upgrades/)

[2] Ripple CTO Proposes XRPL Upgrade as Ledger Hits 70M ... (https://coingape.com/ripple-cto-proposes-xrpl-upgrade-as-ledger-hits-70m-monthly-transactions/)

[3] XRP Falls 8% Below $3 After Hitting Resistance, High- ... (https://cryptoadventure.com/xrp-falls-8-below-3-after-hitting-resistance-high-volume-selloff-signals-weakness)

[4] Ripple's XRP Tanks 8% in 24 Hours as Market Volatility ... (https://cryptoadventure.com/ripples-xrp-tanks-8-in-24-hours-as-market-volatility-grips-traders/)

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