July 2025 proved to be a significant period for XRPL, showcasing high transaction activity and growing trade volumes of tokens and NFTs.
Token-Level Activity
XPMarket tracked 57.8K active traders executing 38.1M trades across over 30.2K tokens. The total market cap rose to $439.5M, a 15% increase from June. RLUSD accounted for $32.1M, making up 7.3% of the total. DEX volume reached $350.3M while CEX contributed $198.3M. The combined total trading volume was $548.6M, the highest since January 2025.
NFT Activity
July saw 1.7M NFTs minted, marking the highest monthly total of 2025, with 102.8K unique NFTs exchanged. Burn volume was modest at 8K, while the average listing price reached 10.91 XRP and the average mint cost held at 0.41 XRP.
XRPL Metrics
XRPL processed around 70M transactions in July, averaging 1.8M per day. 13.5M transactions occurred during the final week alone. Currently, there are 6.8M accounts, with over 1M new user accounts added in 2025 so far. July saw over 3K new accounts created daily, with peak signups exceeding 20K per day.
July 2025 reflected high usage and strong engagement in XRPL, with robust transaction volume and significant interest in tokens and NFTs. XPMarket continues to be a key player in the XRPL ecosystem.
