These payments account for nearly two-thirds of all chain activity, reinforcing XRPL’s ongoing role as a high-throughput, low-cost settlement layer.
The growth is fueled by the network’s efficient design of fast finality, low transaction fees, and built-in support for real-world asset tokenization. XRPL’s built-in regulatory-friendly features make it an appealing option for enterprise use cases.
“The XRP Ledger pioneered most of the properties we now take as granted in the space. From deflationary tokenomics and burning, to DeFi features and DEXs, tokenization, payments, and more. This is the OG that started DeFi and most in the industry don’t know about it.”
Dune Analytics pointed out that the XRPL is hosting one of the longest-running decentralized exchanges, powered by a native order book rather than smart contracts.
The platform also boasts features like auto-bridging and native liquidity pools, which have kept the DEX functional.
