XRP Transactions Soar as Institutional Adoption Rises

XRP transactions on the XRPL have seen a significant surge in recent days, reaching nearly 3 million per day. This marks a substantial increase from mid-2025, when transactions averaged around 1 million per day.

The growth is largely attributed to institutional adoption, as firms like Evernorth and Ripple push into institutional DeFi and tokenization. Evernorth, for example, has positioned itself as the largest XRP Treasury company, aiming to scale institutional adoption of the XRPL and XRP.

A report by Ripple and Quinlan & Associates highlights the increasing interest in digital assets among financial institutions. According to the report, 77% of Hong Kong financial institutions are adopting or planning to adopt digital assets. However, most prefer to outsource custody to third-party specialist providers, exposing a gap between traditional banks' regulatory strength and crypto-native firms' tech capabilities.