In a period characterized by a bearish sentiment across the cryptocurrency space, some networks have defied the trend with increased transaction activity. Notably, XRPL has recently set a new benchmark for transaction speed, demonstrating significant dynamism in an otherwise sluggish market.
What Sets the New Speed Record?
Breaking its own records, the XRP Ledger achieved an impressive transaction speed of 0.0324 on December 2nd, surpassing all previous levels. This metric highlights the rate at which XRP holdings change hands, offering insights into the ledger’s economic activity. A similar leap occurred back in September 2025, making this recent spike especially noteworthy. CryptoQuant analysts interpret this as a sign of heightened liquidity and active trading by major market participants, often referred to as whales.
Why Are Large Investors Adapting?
Changes in the behavior of major investors on the XRP Ledger cannot go unnoticed. Research from CryptoPotato indicates a 20.6% reduction in wallets holding more than 100 million XRP over eight weeks, now down to 569. Despite this decline in numbers, the XRP stash in these remaining wallets surged to over 48 billion, reaching levels unseen in seven years. This could imply incoming larger whales, offsetting those who exited.
The consistent accumulation seen since 2023 offers compelling insights. Amidst dispiriting market conditions, large-scale whales appear to consolidate even more XRP. Meanwhile, holders with a count between 1 million and 10 million XRP recently turned towards divesting, shedding around 150 million XRP from December 2nd to 3rd. This coincides with a burgeoning interest in U.S.-based spot XRP ETFs, which notably outpaced Bitcoin and Ethereum counterparts in inflow rates.
“Our analysis highlights a significant period of activity on the XRPL, underscoring the resilience and growing participation within the ecosystem.” – CryptoQuant
- •Highest recorded transaction speed on XRPL signals heightened market liquidity.
- •Despite fewer large wallets, XRP reserves have hit a seven-year peak, suggesting new investor dynamics.
- •Interest in spot XRP ETFs is gaining traction, potentially impacting future market movements.
As the crypto landscape continues to evolve, the XRP Ledger stands out as a hub of activity and growing investor involvement. This dynamic situation reflects broader changes within the cryptocurrency realm, where traditional metrics are being redefined by new market forces and investment strategies. The endurance of the XRP community and its ability to attract significant interest even during bearish phases may shape future discussions in the decentralized space.