The XRP Ledger is undergoing significant changes in user structure and transaction types leading up to 2025. While XRP prices have reached record highs, the number of active accounts has markedly decreased.
Decline in Corporate Users
Analysis by Serotonin indicates that the number of daily active accounts has decreased from approximately 39,500 on January 1, 2025, to 19,500 by June 29. Despite this decline, there is an observed increase in transaction volumes per user and the network fees paid.
Record Prices and Growing Interest
Recently, XRP surged to a record high of 3.5 USD, marking the highest value in history. However, following a market correction, its price dropped to 3.11 USD, reflecting a 13% loss. This price surge has also been associated with a rise in fraudulent activities, with Ripple CEO Brad Garlinghouse warning about scams on YouTube.
Function of XRPL and Outlook
Analysts attribute the increase in transaction size on XRP to its growing appeal for large fund transfers. This transformation turns the network into a payment infrastructure increasingly utilized by financial institutions instead of a platform primarily operated by small investors.
The changes in XRPL underscore the dynamic role of institutional investors within cryptocurrency networks, where transaction volume and liquidity are trending upwards. XRP is entering a phase where it is favored for large financial transactions.
