XRP Ledger Activity Soars in Q1 Despite XRP Price Slump: Messari
The post XRP Ledger Activity Soars in Q1 Despite XRP Price Slump: Messari appeared on BitcoinEthereumNews.com. XRP had a rather difficult start to 2026 from a price standpoint, but the underlying XRP Ledger showed notable signs of growth, according to the latest State of XRP report by Messari. The analytics firm outlines a sharp contrast between the weaker market performance and strong network fundamentals, with stablecoin adoption, real-world asset tokenization, and transaction activity all increasing during the quarter. XRP Price Falls as Trading Activity Cools During the first quarter of the year, XRP was, for the most part, the fourth-largest non-stablecoin cryptocurrency by means of total market capitalization, trailing only Bitcoin, Ethereum, and Binance Coin. However, the token wasn’t immune to the broader market downturn. Its market cap declined by 26% quarter-over-quarter to about $82 billion, while its price dropped by 27% to $1.34 at the time of this writing. Source: Trading