Payments on XRP Ledger (XRPL) show significant growth, linked to Ripple's expanding global payment services and the conclusion of legal disputes with the SEC.
Surge in XRP Ledger Payments
According to Dune Analytics, weekly payments on XRP Ledger increased from 1.5 million in 2023 to over 8 million by 2025, marking a growth of more than 430%. On July 1st, nearly 1 million daily payments were recorded out of a total of 1.53 million transactions.
Growth of DEX and DeFi Features
While payments dominate, XRPL's decentralized exchange (DEX) and DeFi features are also gaining traction. More than 20,000 AMM pools are currently active, and the network sees around 2,300 daily DEX users trading across hundreds of XRP pairs. Although it trails major smart contract platforms like Ethereum and Solana, XRPL continues to mature, adding over 2,800 new accounts in a single day and exceeding 2 million daily transactions.
Closing of Ripple's Legal Case
Ripple's long-running legal standoff with the U.S. SEC is finally winding down. The company withdrew its cross-appeal in late June, signaling a willingness to close the case—even if it means settling on tougher terms. CEO Brad Garlinghouse emphasized the shift toward growth over litigation.
With the surge in payments and the anticipated end to legal battles, analysts expect XRP to see renewed institutional interest and potentially pave the way for an ETF in the near future.
