21Shares: rising XRPL activity will support XRP demand
- —Tokenized assets on the XRPL reached $4 billion
- —RLUSD supply is about $1.6 billion, more than half of it on the XRPL
- —RLUSD transactions grew from 54,000 in December 2024 to 600,000–1.1 million per month
- —The network processes about 1.7 million transactions a day worth $1.3 billion
Why it matters: Growing XRPL activity could support XRP demand through fees and reserves, but the link is indirect since issued assets are not denominated in XRP.
Source: Bitcoin.com