XRP’s on-chain payment volume surged to over $1.4 billion on July 18, reaching its highest level since early 2025. This milestone coincides with the XRP Ledger processing approximately 1.4 million transactions, demonstrating significantly expanded network utilization beyond speculative trading.
Simultaneously, XRP’s price recorded a 22.39% weekly surge, approaching its historic peak of $3.84 from 2018. Market analysts attribute this bullish momentum primarily to growing optimism about potential XRP exchange-traded fund (ETF) approvals and increasing adoption for cross-border payment solutions.
The heightened transaction activity highlights XRP’s strengthening role as a bridge currency for international remittances. Network fundamentals and utility in real-world financial applications are reinforcing investor confidence amid speculation about broader institutional adoption through ETF products.