XRP Ledger (XRPL) DEX Volume Soars 203%, Here's The Driver

Key Points

1. XRP Ledger's DEX volume surged from $108,000 on July 1 to over $300,000 by July 7, 2025, marking a 203% increase.

2. The rise in trading activity suggests users are increasingly viewing XRPL as a trustworthy, scalable, and low-cost blockchain.

3. Ripple Labs aims to dominate the tokenization market, estimated to reach $18.9 trillion in eight years.

4. The launch of an EVM-compatible sidechain enables Ethereum-based dApps to operate on XRPL, attracting traders and developers.

5. SBI Group CEO Yoshitaka Kitao endorsed Ripple's recent developments, signaling strong institutional support.