-
The XRP Ledger has reached a significant milestone by processing over 3.3 billion transactions, signaling robust network growth and increased user engagement.
-
In addition to transaction volume, the number of active XRP wallets has surpassed 6 million globally, reflecting expanding adoption across diverse sectors.
-
According to RippleX, Ripple’s EVM-compatible sidechain has attracted 87 new contributors, highlighting growing developer interest ahead of its anticipated mainnet launch.
XRP Ledger surpasses 3.3B transactions with 6M+ wallets; Ripple’s EVM sidechain and Guggenheim partnership boost blockchain adoption and institutional access.
XRP Ledger Transaction Volume and Wallet Growth Highlight Expanding Network Activity
The XRP Ledger (XRPL) has demonstrated remarkable growth, recently surpassing 3.3 billion transactions, as reported by RippleX. This milestone underscores the increasing utility and trust in the XRPL infrastructure. Simultaneously, the network has seen its active wallet count exceed 6 million, a clear indicator of widespread user adoption and engagement. These figures are complemented by a market capitalization that has climbed beyond $130 billion, illustrating strong investor confidence.
Moreover, the ledger has facilitated the tokenization of over $120 million in real-world assets (RWAs), showcasing its versatility beyond traditional cryptocurrency transactions. This surge in activity reflects a dynamic ecosystem where developers and users alike are leveraging XRPL’s capabilities for a variety of financial applications.
RippleX Data Highlights Sustained Developer and User Engagement
RippleX’s recent disclosures emphasize the ongoing momentum within the XRPL community. The platform’s ability to support a growing number of wallets and transactions is bolstered by continuous developer contributions and innovative use cases. The integration of RWAs further diversifies the network’s offerings, attracting institutional interest and broadening the scope of blockchain adoption.
Introduction of EVM-Compatible Sidechain to Enhance XRPL Functionality
At the APEX 2025 conference, Ripple announced the forthcoming launch of an Ethereum Virtual Machine (EVM) compatible sidechain designed to operate alongside the XRP Ledger. This strategic development aims to enable Ethereum-based decentralized applications (dApps) and smart contracts to function seamlessly within the XRPL ecosystem, thereby expanding its use cases and interoperability.
Peersyst Technologies, the lead developer of this sidechain, reported that the testnet phase has already engaged 87 new contributors who were previously unaffiliated with XRP. These participants are actively building infrastructure and applications that will integrate into the XRP ecosystem upon the mainnet launch. Peersyst described this as potentially “the biggest onboarding in XRP history,” signaling a significant expansion in developer activity and network capabilities.
Implications of EVM Sidechain for Developer Community and Network Growth
The introduction of an EVM-compatible sidechain is poised to attract a broader developer base familiar with Ethereum’s tooling and smart contract standards. This compatibility reduces barriers to entry for dApp developers and fosters innovation by combining Ethereum’s flexibility with XRPL’s speed and scalability. The sidechain is expected to catalyze new projects and partnerships, reinforcing XRPL’s position as a versatile blockchain platform.
Institutional Adoption Accelerated by Guggenheim Partnership and Tokenized Commercial Paper
Ripple’s collaboration with Guggenheim Treasury Services marks a significant step toward institutional blockchain adoption. Guggenheim, managing assets exceeding $349 billion, is expanding its digital commercial paper (DCP) offerings on the XRP Ledger through Zeconomy, a platform dedicated to tokenized asset issuance and management.
The DCPs issued under this partnership are backed by U.S. Treasuries and carry a Prime-1 rating from Moody’s, underscoring their creditworthiness. This initiative aims to enhance institutional access to fixed-income products via blockchain technology, offering improved liquidity, transparency, and efficiency compared to traditional methods.
Ripple’s Commitment to Blockchain Research and Education in Asia-Pacific
In parallel with these developments, Ripple has pledged over $5 million to support blockchain research and education across the Asia-Pacific region. Through the University Blockchain Research Initiative (UBRI), funding will be allocated to academic institutions in South Korea, Japan, Singapore, Taiwan, and Australia. This investment reflects Ripple’s strategic focus on nurturing talent and fostering innovation in key markets, which is expected to drive long-term growth and adoption of XRPL-based solutions.
Conclusion
The XRP Ledger’s recent achievements in transaction volume and wallet growth, coupled with the upcoming EVM-compatible sidechain and strategic institutional partnerships, illustrate a maturing blockchain ecosystem. These developments not only enhance XRPL’s technical capabilities but also broaden its appeal to developers and institutional investors alike. As Ripple continues to invest in education and infrastructure, the XRP Ledger is well-positioned to sustain its momentum and expand its role in the evolving digital asset landscape.
