Payments continue to represent the largest use of #XRPLedger , with weekly payments on the network increasing by more than 430% in less than two years. Data from D,une Anal,ytics shows that weekly payment transactions on the network rose from about 1.5 million transactions in 2023 to over 8 million transactions in 2025.

This represents nearly 60% of the total 14.1 million weekly transactions on the network. Data from #XRPScan also supports this, showing that daily payment transactions on July 1 amounted to approximately 967,000 transactions out of a total of 1.53 million transactions on the network.

Payments dominate XRPL activity

The dominance of payment transactions on #XRPL is not surprising, as it highlights its primary use. According to #Ripple , the network is designed to provide fast and cost-effective global payments, ensuring quick and affordable financial transfers, with $XRP used as a bridge currency.

The increasing reliance on Ripple payments by institutional users significantly contributes to the rise in payment transactions on the network, especially in recent years. With the licensing of #RipplePayments in the United Arab Emirates and bolstering its position in the Middle East, network activity has gradually increased.

XRPL continues to grow with new users as DeFi activity rebounds.

At the same time, Du,ne's data also indicated that other types of transactions, such as decentralized exchange (D,EX) trades known as "offers on XRPL" and non-fungible token (NFT) releases, are occurring on the network. According to Du,ne Anal,ytics, decentralized XRPL platforms (DEXs) experience an average of 2,300 traders daily, with over 400 XRP pairs available and transaction volumes exceeding 384 million $XRP .

And although this figure is small compared to other smart contract networks such as Solana, BNB Chain, and Ethereum, it highlights the gradual growth of the decentralized finance (DeFi) sector on the network. Its automated market makers (AMMs) have also provided direct liquidity for the decentralized platform, with over 20,000 AMM pools on the network.

Interestingly, the data shows that XRPL continues to attract new users despite being around for over 13 years. On June 30, it added over 2,800 new users, bringing its total accounts to over 5.6 million. Despite its relatively subdued activity, having conducted just over 4 billion transactions over more than a decade, signs of sustainable maturity are already evident, as the average daily transactions exceeded 2 million transactions, compared to only 50,000 transactions in 2013.

Decentralized finance (DeFi) activity on the network may soon increase, as XRPL is expected to soon have an EVM-compatible sidechain that seamlessly operates with Ethereum, finally allowing the deployment of decentralized applications on Ethereum to the network. However, many expect that payment processing will make up the bulk of the activity on the platform.

Ripple ends its case against the U.S. Securities and Exchange Commission (SEC)

Meanwhile, the overall positive performance of the XRPL ecosystem has contributed to the performance of the XRP token this year, allowing the currency to maintain its resilience despite the challenges faced by alternative coins. Despite a decrease of nearly 2% today, the currency remains among the best-performing currencies.

However, significant gains may be seen soon as the long-standing legal cases Ripple has brought against the U.S. Securities and Exchange Commission (SEC) near resolution. In late June, Ripple dropped its mutual appeal in the SEC lawsuit just days after a judge denied a motion from both Ripple and the SEC for an early settlement.

This means that Ripple is now ready to close this lawsuit and move forward, even if it involves making more settlements and accepting some terms. CEO Brad Garlinghouse stated that Ripple intends to focus on building, not fighting, demonstrating the company's desire for legal clarity.

This legal clarity serves as a strong impetus for improving adoption, which would represent a significant win for Ripple and XRP. Many stakeholders believe that legal clarity will pave the way for a $XRP (ETF) and open the door to institutional adoption that has garnered significant interest.