Summary Points
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User Growth: XRP Ledger saw a significant increase in user engagement, adding 447,200 new addresses, bringing the total to nearly 6.9 million in Q3 2025.
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Transaction Activity Up: Average daily transactions rose by 8.9% to 1.8 million, with a notable 51.1% increase in NFT transactions, reflecting strong growth in this segment.
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Market Performance: XRP’s price reached an all-time high of $2.85, marking a 27.2% quarterly gain, as its market cap surged 29% to $170.3 billion.
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Utility Debate: Despite growth, skepticism over XRP’s long-term utility persists, spurred by competition from alternative payment networks and broader market sentiment shifts.
XRP Ledger Sees 8.9% Rise in Daily Transactions, NFT Activity Surges in Q3
The XRP Ledger (XRPL) experienced noteworthy growth in the third quarter of 2025. According to a recent report by Messari, average daily transactions jumped 8.9%, increasing from 1.6 million in Q2 to 1.8 million in Q3. Furthermore, the number of active sender addresses rose 15.4%, and new addresses surged by 46.3% to reach 447,200. Consequently, the total number of addresses on the network now stands at nearly 6.9 million.
Moreover, NFT activity showed impressive growth. Average daily NFT transactions soared by 51.1%, climbing from 50,400 to 76,100. This spike came primarily from a 70.8% increase in NFT mint transactions. These developments highlight the XRPL’s appeal to creators and investors alike.
Interestingly, active receiver addresses outnumbered sender addresses for the fifth consecutive quarter, although daily receivers declined by 30.1%. This trend often signals distribution events, such as airdrops. For instance, the recent Midnight airdrop, associated with a privacy-focused sidechain in Cardano, attracted XRPL users by allowing holders of over $100 worth of XRP to participate.
Notably, XRP, the Ledger’s native token, closed Q3 at an all-time high of $2.85, reflecting a robust 27.2% gain. Its market capitalization increased by 29% to $170.3 billion, surpassing the combined 13.3% rise in Bitcoin, Ethereum, and Solana during the same period. However, market sentiment shifted negatively in October, causing XRP to drop around 12% to about $2.50 amidst selling pressure.
As discussions continue around XRP’s real-world utility, some analysts question its long-term position in the market. While certain users maintain that XRP serves as a “neutral bridge currency” for cross-border payments, others express skepticism, suggesting alternative networks may overshadow it.
Overall, the latest statistics indicate that the XRP Ledger remains a significant player in the blockchain landscape, fostering engagement and innovation in the cryptocurrency space.
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