Live updates: Bitcoin nears $63,000 ahead of highly anticipated SpaceX IPO
Get the Finance newsletter
Daily finance — markets, central banks, M&A, the prints that move money. Free.
- XRP price fell to about $1.12, down roughly 7.5% on the week and 27% over the first quarter, per CoinDesk data.
- XRPL daily transactions rose about 35% to 2.48 million in Q1, according to Messari.
- Tokenized real‑world assets on the XRP Ledger jumped 124% to a record $2.25 billion, primarily treasuries.
- RLUSD grew 45% to $340 million, becoming the network’s largest stablecoin.
- XRPL fees stayed at a fraction of a cent, allowing high activity without requiring XRP holdings.
- Alexis Sirkia said long‑term value comes from real adoption and usage, not price.
- Analysts note that ledger activity growth does not translate into higher XRP demand, keeping the token and network drifting apart.
Why it matters: Investors holding XRP see continued price erosion while issuers of tokenized assets and users of RLUSD benefit from soaring ledger activity and fee‑free transactions. The split suggests that network adoption does not automatically translate into token appreciation, reshaping expectations for XRP’s valuation.
