XRP Ledger Batch Activity Hits 1.962 Million in November Record

Batch and Ticket Records on XRPL

Daily batch throughput on the XRP Ledger (XRPL) reached 1.962 million entries on November 3, the highest single-day count recorded this month, even as the XRP price slipped 5.2% over the past 24 hours. Ticket activity followed with a November peak of 1.553 million on November 7. Both figures come from daily statistics published by Bithomp, the XRPL explorer, and both are monthly records for the XRP ecosystem rather than an all-time high for the blockchain. The two features serve different purposes and their records landed on different days, which is why the explorer presents them as separate daily series, not a combined activity gauge. The aggregation runs by UTC day, and the two peaks fall on different dates, so the figures cannot be added together and read as one day of network activity. Batch is a feature that bundles up to eight transactions into a single submission; a submitter can require every transaction in the bundle to succeed before the whole group applies, or process each item independently. The ledger's official documentation conditions the feature on the BatchV1_1 amendment, which the security notice records as active on mainnet since October 9. Tickets work differently: they reserve sequence slots so an account can submit transactions outside the normal order. One TicketCreate transaction can create several tickets, an account can hold at most 250 at once, and each ticket requires the account owner reserve as a deposit. Bithomp has not stated whether its 1.553 million figure counts ticket-creation transactions, ticket objects or tickets actually used, so the number cannot be read as that many new tickets. Over the 30 days ending November 13, the ledger recorded 119.7 million transactions, with batch items at 40 million, or 33.4%, tickets at 5.7%, and failed transactions at 29.3 million, or 24.4%. Neither the monthly peaks nor the 30-day totals directly measure distinct users or the value actually moved.

RLUSD Growth and Ledger Load

The wider 24-hour picture moves in the same direction. Data from the XRPL explorer XRPScan shows the transaction count up 75.9% to 4.3 million, active accounts up 128%, XRP burned in fees up 136%, and NFT mints up 240%. Payments trading volume, a settled-dollar measure on the ledger, rose 137% in the same window to $1 billion. Bithomp's 30-day aggregation and XRPScan's 24-hour window cover different periods, so the two sets of figures describe separate slices rather than one continuous count. Ledger-load records kept by the XRP Ledger Foundation add texture: in the week before batch activation, about 340 ledgers per day each carried more than 1,000 transactions, while the busiest ledger after activation packed 4,416 transactions on October 10. The foundation's data also logs 69 cases of ledger close intervals stretching beyond 20 seconds; on November 13 the longest interval reached 68 seconds, and the ledgers on either side carried 416 and 492 transactions. Stablecoin issuance added another thread. Ripple led issuer market cap growth over the past 24 hours with an increase of $90.9 million, four times the next issuer, multipli.fi, at $21.3 million. Ripple's RLUSD, issued across Ethereum and the XRP Ledger, has grown 96% this year to $2.7 billion from $1.4 billion in January. Most of that expansion came in July, when Ripple launched Ripple Mint and the stablecoin's market cap stood just under $1.5 billion, rising to $2.3 billion by August. The date carries ETF history too: one year ago, the first US spot ETF holding only XRP began trading, and US spot XRP ETFs have accumulated more than 1.16 billion XRP since, a holding stock our XRP ETFs led by Bitwise review details.

The batch record is the more consequential of the two prints. Atomic execution underpins multi-party workflows already in the institutional pipeline, including custody transfers, delivery-versus-payment settlement and cross-border payment finalization, where two or more accounts must act in the same moment; usage this deep, less than a month after the October 9 activation, suggests those workflows are arriving on-chain. The caution sits in traffic quality. A 24.4% failed-transaction share, a 68-second ledger gap on November 13 and August data showing 793 accounts generating 93% of ledger traffic each complicate a clean growth story, and none of them proves batch usage caused the delay. That 93% concentration figure predates the batch launch, so it cannot describe who is submitting batches today, but it flags that a few hundred accounts can dominate traffic on this chain. Ripple's scheduled release of 1 billion XRP from escrow on December 1 adds a supply variable to watch alongside this demand-side usage; readers tracking price levels can follow our XRP technical analysis page.