XRP On-Chain Payment Activity Hits Record Highs, Surpassing $1.4 Billion in Daily Transactions

XRP's on-chain payment activity has witnessed an unprecedented upswing, setting new milestones. According to data from XRPSCAN, a leading analytics provider for the XRP Ledger, the total value of transactions between accounts on the XRP Ledger surpassed an astonishing $1.4 billion on October 18. This achievement represents the highest daily transaction value since February 2025.

Over the course of the day, the total amount of XRP transferred across the on-chain network hit an impressive 1,408,887,886 XRP. This marks a significant leap from the preceding day, which recorded transaction volumes valued at $1.2 billion. Additionally, account-to-account transactions on the ledger soared to approximately 1.4 million, highlighting a consistent and robust upward trend in activity.

The surge in on-chain transaction volumes signals a growing interest in XRP from both retail and institutional investors. This heightened activity aligns with the broader bullish sentiment currently sweeping across the cryptocurrency market. Notably, XRP's price is edging closer to its all-time high of $3.84, a milestone it last achieved in 2018.

As momentum builds within the crypto ecosystem, XRP's escalating transaction activity could indicate intensified adoption and broader utility within the market.