XRP Transactions Rise: 1.5 Million Daily Users May Signal Price Rally
XRP's daily transactions have hit an almost six-month high, indicating a turning point for the cryptocurrency as it gains popularity in payment systems and decentralized finance (DeFi) applications.
The XRP Ledger recorded 1.5 million daily transactions in January 2026, following a steady upward trend in network usage that began in late 2025 with Ripple's On-Demand Liquidity platform's new payment corridors and stablecoins like RLUSD.
A recent 24/7 Wall St. study by market analyst Sam Daodu noted that historical tendencies imply that gaps between growing demand and stagnating pricing generally precede dramatic rallies.
With exchange reserves at eight-year lows and institutional inflows into XRP ETFs, the cryptocurrency may be quietly preparing for its next breakthrough.
The token rallied to $2.42 on January 6, an almost two-month high, but has since fallen to $2.048. Despite the transaction boom, XRP fell, showing it has failed to profit on its increasing use.
As Bitcoin (BTC) and Ethereum (ETH) traded sideways in early 2026, altcoins like XRP lost momentum due to market consolidation.
Profit-taking pressure has increased after XRP's July 2025 rise to $3.65. Many short-term holders have cashed out, generating $2.20–$2.50 resistance levels. Daodu believes XRP may stay in this range unless fresh catalysts emerge.
Major Price Breakout Ahead?
As for the future, Daodu believes XRP tends to lag behind its on-chain growth before making spectacular price swings. In 2017 and 2020, transaction volume and wallet activity spiked weeks before token price surges.
In the third quarter of 2020, XRP's daily transactions surged by over 40% in two months while the price stayed stable at $0.25, rising to over $0.70 in November.
In late 2017, increased use metrics caused XRP's price to rise from $0.30 to $3.30 by early January 2018.
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