XRP Ledger Sees Record Velocity as On-Chain Activity Soars
Despite the grim sentiment dominating the crypto market, some networks are at present seeing important exercise. One such instance is the XRP Ledger (XRPL), which not too long ago set a brand new document for community velocity.
An evaluation by CryptoQuant found that the XRPL noticed a surge in on-chain exercise, resulting in a brand new high in velocity.
XRPL Breaks Network Velocity Record
The velocity metric measures the frequency of XRP circulation throughout the community. The indicator reveals the state of financial exercise and on-chain transactions through the specified interval.
On December 2, the metric instantly spiked to a brand new high of 0.0324. The final time the rate rallied near this stage was in September 2025. Such upticks within the velocity metric point out that XRP is altering fingers amongst buyers, reasonably than remaining dormant in chilly wallets.
“Such a surge usually signifies high liquidity and substantial involvement from merchants or important actions by whales. Regardless of market course, this information confirms that the community is experiencing certainly one of its most energetic intervals in 2025, with person engagement reaching a peak,” CryptoQuant acknowledged.
Rising On-chain Activity
A current CryptoPotato report substantiates CryptoQuant’s evaluation – giant XRP holders have been transferring their belongings. The XRPL has seen blended shifts amongst buyers, with contrasting actions in pockets numbers and balances. The cohort of wallets holding not less than 100 million XRP has shrunk by 20.6% over the previous eight weeks, signifying the exit of 569 giant wallets.
Amid the shrinking giant pockets rely, whale holdings have been on the rise. The remaining 100M+ wallets at present maintain greater than 48 billion XRP, a seven-year high. This signifies that different giant holders who didn’t exit the 100M group amassed extra XRP. In truth, this accumulation pattern started in 2023 and has progressed over the past two years no matter market situations.
Meanwhile, a separate group of XRP holders has begun reducing their holdings. Between December 2 and three, wallets holding 1 million to 10 million tokens moved or bought 150 million XRP. This group of buyers has been promoting their holdings in waves over the previous few months, so their motion has grow to be a part of a broader sample. These developments come as the United States spot XRP exchange-traded funds (ETF) market continues to attract important inflows in comparison with their Bitcoin and Ethereum counterparts.
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