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XRP Ledger Sets Record with Over 5.1 Million Transactions — Network Signals Institutional Readiness
The XRP Ledger (XRPL) has recorded its most active day ever, surpassing 5.1 million transactions on June 15, with analysts citing the network’s stability, scalability, and increasing user participation as major indicators of institutional-grade performance.
Genuine Activity Drives Unprecedented Growth
Unlike some chains that inflate metrics with automated activity, the XRPL’s surge was reportedly driven by real user demand. According to blockchain analyst Ripple Van Winkle, the record-breaking day included a mix of NFT minting, asset transfers, and decentralized trading.
“No system delays, no spikes in fees — XRPL handled it flawlessly,”
Van Winkle said. “It’s a rare combination of performance and composure in volatile conditions.”
XRPL Shows Signs of Institutional-Scale Maturity
Observers say XRPL’s low transaction fees and smooth performance under pressure are clear signs the network is ready for institutional integration. The ability to maintain throughput and cost stability even during peak load is drawing comparisons to the invisible infrastructure of the internet.
“Institutions want boring reliability, not flashy experiments. XRPL is starting to look like the TCP/IP of crypto — invisible, stable, critical,”
Van Winkle added.
New data from RippleXity and Glassnode supports this narrative:
- Over 7.1 million wallets are now registered on the XRP Ledger.
- Wallets holding 1 million+ XRP have climbed above 2,700, a new record.
XRP Price Slips as Long-Term Investors Realize Profits
Despite the network’s momentum, XRP’s token price has declined, down nearly 15% this month and trading near $2.07, according to BeInCrypto.
Blockchain analytics firm Glassnode reports that long-term holders are realizing gains, with an average of $68.8 million in daily profits cashed out in early June. Many of these investors accumulated during XRP’s pre-rally phase in late 2024, when the asset surged to $3.36 in January 2025.
“XRP is still trading more than 3x above its pre-rally base from November 2024,”
Glassnode stated, noting some whales may be strategically exiting positions.
Analysts: Short-Term Weakness, Long-Term Promise
While current price action is under pressure, analysts believe this is a temporary consolidation, not a structural weakness. They point to strong network fundamentals, increasing developer activity, and growing traction in tokenized assets — including stablecoins like USDC and tokenized U.S. Treasuries launching on XRPL.
As utility grows and market rotation slows, XRP could be poised for another leg up once the profit-taking cycle winds down.
@ Newshounds News™
Source: BeInCrypto
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