The price of XRP has fallen by over 20% since the beginning of 2026, indicating issues with the project. Nevertheless, activity on the XRP Ledger is increasing. The 30-day volume of stablecoin transfers has risen by 10% to $4.32 billion. The number of stablecoin holders has increased by 36.7% to 82,110 addresses, suggesting growing interest in the XRP Ledger infrastructure. The RLUSD stablecoin, linked to Ripple, has a market capitalization of approximately $898.8 million, accounting for 94% of the stablecoin market on this network. The total market capitalization of stablecoins on XRPL stands at $954.79 million, representing a 227% increase compared to the beginning of the year. Despite the rising activity, the price of XRP remains under pressure, which may indicate a divergence between the fundamentals of the ecosystem and the behavior of the token. Investors need to be cautious as the current situation does not guarantee a rebound for XRP.
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