Ethereum

Expand

Million

Gains

<p><strong>Key Points</strong></p>
<ul>
 <li>XRP Ledger’s transaction volume exceeds 3.3B as wallet numbers top 6 million globally.</li>
 <li>Ripple’s EVM-compatible sidechain draws 87 new contributors ahead of mainnet launch.</li>
 <li>Guggenheim expands tokenized digital commercial paper to XRPL, boosting institutional blockchain access.</li>
</ul>
<p>The XRP Ledger has now processed over 3.3 billion transactions, according to RippleX. This development points to a strong increase in network activity and user participation. The number of active wallets on the network has also crossed 6 million, indicating broader adoption.</p>
<p>RippleX <a href="https://x.com/RippleXDev/status/1932685212841812005" rel="noopener noreferrer nofollow">shared</a> the update on X, along with other key figures such as the XRP market cap reaching over $130 billion. More than $120 million in real-world assets (RWAs) have also been tokenized on the network. This activity shows continued developer and user engagement across different sectors.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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  https://twitter.com/RippleXDev/status/1932685212841812005
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</figure>
<h2 class="wp-block-heading" id="strong-evm-compatible-sidechain-to-expand-use-cases-strong"><strong>EVM-Compatible Sidechain to Expand Use Cases</strong></h2>
<p>At the APEX 2025 conference in Singapore, Ripple executives announced that an Ethereum Virtual Machine (EVM) sidechain for the XRP Ledger is expected to go live in the second quarter. Ripple CTO David Schwartz and Product Director Jaazi Cooper introduced the development, which aims to increase the utility of XRPL by allowing Ethereum-compatible decentralized applications and smart contracts to run on the network.</p>
<p>Peersyst Technologies, which is leading development of the EVM sidechain, <a href="https://x.com/Peersyst/status/1931700642327708074" rel="noopener noreferrer nofollow">reported</a> that the testnet launched earlier this year has already seen participation from 87 new entities. These contributors, who had no previous involvement with XRP, are working on infrastructure, applications, and user engagement. Peersyst added that&nbsp;</p>
<blockquote class="wp-block-quote">
 <p>“when mainnet goes live, all of it becomes part of the XRP ecosystem – possibly the biggest onboarding in XRP history.”</p>
</blockquote>
<h2 class="wp-block-heading" id="strong-real-world-asset-tokenization-gains-institutional-interest-strong"><strong>Real-World Asset Tokenization Gains Institutional Interest</strong></h2>
<p>Ripple has <a href="https://ripple.com/ripple-press/guggenheim-uses-zeconomy-to-issue-digital-paper-on-xrp-ledger/" rel="noopener noreferrer nofollow">partnered</a> with Guggenheim Treasury Services to expand digital commercial paper (DCP) offerings on the XRP Ledger. Guggenheim Treasury Services is a unit of Guggenheim Capital, which manages over $349 billion in assets. The collaboration is handled through Zeconomy, a platform for issuing and managing tokenized DCP.</p>
<p>These DCPs are backed by U.S. Treasuries and rated Prime-1 by Moody’s. Ripple says the goal is to increase institutional access to fixed-income assets through blockchain-based solutions.</p>
<p>As CoinCu <a href="https://coincu.com/342478-ripple-invests-5m-to-expand-blockchain-education-and-research-across-apac/" rel="noopener noreferrer nofollow">reported</a>, Ripple committed more than $5 million toward blockchain research and education across Asia-Pacific. Funding will be distributed through the University Blockchain Research Initiative (UBRI), which supports institutions in South Korea, Japan, Singapore, Taiwan, and Australia.</p> DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. <a href="https://coincu.com/?p=342622" rel="noopener noreferrer nofollow">Read original article on coincu.com</a>

XRP Ledger Hits 3.3B Transactions as Wallets Surge Past 6 Million

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