XRP News Today: XRPL Activity Surges 15% as Institutions Shift from SWIFT

Ripple’s XRP Ledger (XRPL) is experiencing a surge in activity, with record transactions, smart contracts, and decentralized exchange (DEX) volume. This growth is fueled by the increasing adoption of faster and more cost-efficient payment methods by financial institutions, which are moving away from traditional systems like SWIFT. SWIFT, which once dominated international banking with over $150 trillion in annual volume, has seen a 15% decline. Ripple’s CEO, Brad Garlinghouse, predicts that XRPL could capture up to 14% of SWIFT’s market share, equivalent to over $21 trillion, within the next five years.

On-chain data supports this growing interest in XRPL. Daily transactions now exceed 830,000, with over 29,000 active addresses and more than 10,000 unique traders. The DEX volume on XRPL recently surpassed $12 million, while meme coin trading brought in $6.25 million. Stablecoin transfers remain steady at around $5.6 million. These numbers underscore a surge in liquidity and engagement across the ecosystem.

The launch of an EVM-compatible XRPL sidechain on June 30 added fresh momentum. Within just one week, over 1,400 smart contracts went live, and over 1,300 remain active today. This expansion into DeFi and broader smart contract functionality is strengthening XRPL’s role beyond simple cross-border payments, attracting developers and new institutional use cases.

Ripple’s RLUSD stablecoin aims to enter and dominate the massive global remittance sector. As RLUSD becomes more widely used in payments and decentralized finance, it adds consistent volume to the XRPL, driving further demand for XRP and increasing on-chain liquidity. Analyst Paul Barron called Ripple’s RLUSD stablecoin a game changer, highlighting that it already meets the GENIUS Act’s strict requirements, like 1:1 reserves and monthly audits. He noted that every RLUSD transaction on the XRP Ledger burns XRP, reducing its supply and adding deflationary pressure. With institutional interest growing fast, Barron said XRP is positioning itself as the backbone of a regulated digital payment system.

Crypto expert The Great Mattsby highlights a bullish technical setup for XRP. The monthly Bollinger Bands are expanding, a signal last seen before XRP’s historic 1,300% rally in 2017. His Gann-based analysis now aligns XRP’s price target around $45, marking a similar potential breakout. With institutional rotation toward XRPL, rising real-world adoption, expanding DeFi activity, and strong technical signals, experts believe XRP is positioned for a significant bull run. If projections hold, XRP could be entering a new phase of growth that mirrors or even exceeds the 2017 cycle.