XRP Ledger activity jumps 35% despite XRP price slump: Messari report

cryptonews05-31 22:45

XRP had a weak start to 2026 from a market view, but activity on the XRP Ledger rose sharply during the same period, according to Messari’s State of XRP Q1 2026 report. Summary XRP price fell 27%...

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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nXRP Ledger activity jumps 35% despite XRP price slump: Messari report\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-05-31 22:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://crypto.news/xrp-ledger-activity-jumps-35-despite-xrp-price-slump-messari-report/><strong>cryptonews</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>XRP had a weak start to 2026 from a market view, but activity on the XRP Ledger rose sharply during the same period, according to Messari’s State of XRP Q1 2026 report.\n\n\nSummary\n\n\n\nXRP price fell 27%...</p>\n\n<a href=\"https://crypto.news/xrp-ledger-activity-jumps-35-despite-xrp-price-slump-messari-report/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"XRPC","symbol_name":"Canary XRP ETF","start_time":0,"source_url":"https://crypto.news/xrp-ledger-activity-jumps-35-despite-xrp-price-slump-messari-report/","article_id":"2639398873","we_media_id":null,"thumbnails":[],"rights":{"source":"crypto_news_highlight","url":"https://crypto.news/xrp-ledger-activity-jumps-35-despite-xrp-price-slump-messari-report/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2639398873","pubTimestamp":1780238700,"columns":[],"sourceInfo":{"source_id":"crypto_news_highlight","name":"Crypto News"},"weMediaInfo":null,"summary":"XRP had a weak start to 2026 from a market view, but activity on the XRP Ledger rose sharply during the same period, according to Messari’s State of XRP Q1 2026 report.XRP price fell 27% in Q1, but XRPL daily transactions rose 35.3% to 2.48 million.RLUSD reached $340.3 million on XRPL, making it the network’s largest stablecoin by quarter-end.XRPL’s RWA market cap jumped 124.1% QoQ to $2.25 billion, reaching a new quarterly high.Messari said XRP ended Q1 as the fourth-largest non-stablecoin crypto asset by market value, behind Bitcoin, Ethereum and BNB. Even so, the token followed the wider market lower during the quarter.XRP’s market cap fell 26.3% quarter-over-quarter to $82.21 billion. Its price also dropped 27.1% to $1.34, while circulating supply rose 1.1% to 61.34 billion XRP.While XRP price weakened, network activity moved in the opposite direction. Messari said average daily transactions on the XRP Ledger increased 35.3% quarter-over-quarter.Native lending and asset vault featu","collect":0,"end_time":0,"defaultTopTitle":"crypto.news","property":[],"viewcount":null,"language":"en","relate_stocks":{"XRPC":"Canary XRP ETF","ESK":"REX-Osprey ETH + Staking ETF","TETH":"21Shares Ethereum ETF","XRPK":"T-REX 2x Long XRP Daily Target ETF","XRPT":"2倍杠杆XRP ETF-Volatility Shares","UXRP":"Proshares Ultra XRP ETF","XRPZ":"Franklin XRP ETF","ETHI":"Defiance Leveraged Long Income Ethereum ETF","TOXR":"21shares XRP ETF","ETQ":"T-Rex 2X Inverse Ether Daily Target ETF","XXRP":"2倍做多XRP ETF-Teucrium","XRPR":"REX-OSPREY XRP ETF","BITW":"Bitwise 10 Crypto Index ETF","SETH":"1倍做空以太币期货ETF-Proshares","XRP":"Bitwise XRP ETF","XRPI":"1倍XRP ETF-Volatility Shares","ETCO":"Grayscale Ethereum Covered Call ETF"},"translate_title":"尽管XRP价格暴跌，但XRP账本活动仍跃升35%：Messari报告","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"XXRP":1.5,"UXRP":1.5,"XRPZ":1.5,"ETCO":0.6,"BITW":1.5,"ESK":0.6,"ETHI":0.6,"XRPI":1.5,"TETH":0.6,"XRPR":0.6,"ETQ":0.6,"XRPK":0.6,"XRPT":1.5,"TOXR":1.5,"SETH":0.6,"XRPC":1.5,"XRP":1.5},"content_text":"XRP had a weak start to 2026 from a market view, but activity on the XRP Ledger rose sharply during the same period, according to Messari’s State of XRP Q1 2026 report.\n\n\nSummary\n\n\n\nXRP price fell 27% in Q1, but XRPL daily transactions rose 35.3% to 2.48 million.\nRLUSD reached $340.3 million on XRPL, making it the network’s largest stablecoin by quarter-end.\nXRPL’s RWA market cap jumped 124.1% QoQ to $2.25 billion, reaching a new quarterly high.\n\n\n\nXRP price fell as trading cooled\nMessari said XRP ended Q1 as the fourth-largest non-stablecoin crypto asset by market value, behind Bitcoin, Ethereum and BNB. Even so, the token followed the wider market lower during the quarter.\nXRP’s market cap fell 26.3% quarter-over-quarter to $82.21 billion. Its price also dropped 27.1% to $1.34, while circulating supply rose 1.1% to 61.34 billion XRP.\nSource: Messari\nTrading activity also slowed. Messari said average daily spot volume fell 32%, while perpetual futures volume declined 28.6% during the quarter.\nThe report said U.S. spot XRP ETFs ended Q1 holding 775.4 million XRP. That represented 1.26% of circulating supply and was up 1.9% from the previous quarter.\nXRPL transactions moved higher\nWhile XRP price weakened, network activity moved in the opposite direction. Messari said average daily transactions on the XRP Ledger increased 35.3% quarter-over-quarter.\nDaily transactions rose from 1.83 million to 2.48 million. The increase suggests that XRPL usage expanded even as token price and trading activity cooled.\nThe report tied that growth to the network’s wider feature set. XRPL continues to support payments, token issuance, decentralized liquidity, real-world assets and stablecoins.\nMessari also noted that XRP remains tied to network use through transaction fees, account reserves, liquidity, asset ownership and bridging across currencies.\nRLUSD and tokenized assets lead growth\nRipple’s RLUSD stablecoin grew during the quarter. Messari said RLUSD closed Q1 with a $340.3 million market cap on XRPL, up 44.9% quarter-over-quarter.\nThat made RLUSD the largest stablecoin on the XRP Ledger. The report also said RLUSD had more holders on XRPL than Ethereum by quarter-end, although Ethereum still handled larger transfer volume.\nXRPL’s real-world asset market cap also rose sharply. Messari said RWA market cap on the network climbed 124.1% quarter-over-quarter to $2.25 billion.\nThe growth pushed XRPL into the top group of public blockchains for tokenized assets. The report said the network ranked seventh by RWA market cap at the end of Q1 and fourth by the time of publication.\nInstitutional finance tools expand\nMessari said new institutional finance tools also moved forward during the quarter. Permissioned Domains, Permissioned DEX and Token Escrow went live on XRPL.\nNative lending and asset vault features remained in voting. If approved, those tools could support lending, borrowing and more structured use of XRP and other assets on the network.\nAs previously reported by crypto.news, Morgan Stanley recently disclosed small positions in two XRP-focused ETFs. XRP funds also attracted $85.8 million in inflows over three weeks, showing continued demand through regulated products.\nSeparate coverage has also noted a key market tension. RLUSD can help grow XRPL usage, but stablecoin settlement does not always create the same direct demand for XRP as a bridge asset.\nMessari said its report was commissioned by Ripple, while Messari retained editorial control. The report still shows a clear Q1 split: XRP price and trading activity fell, while XRPL transactions, RLUSD adoption and tokenized asset growth moved higher.\n\n\n\n\n\n                Read more:\n            \n\n                HYPE price stuns market with 67% monthly surge to ATH","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.42.3","shortVersion":"4.42.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2639398873","isCrawlerRequest":true}