XRPL RECORDS: SUCCESSFUL PAYMENTS HIT 12-MONTH HIGH AS AMM DEPOSITS SURGE AFTER KEY UPGRADES

The XRP Ledger (XRPL) is witnessing a massive divergence between its network utility and market price as of late February 2026. While XRP’s price has retreated 45% from its early-year high, currently trading at $1.33, on-chain activity is hitting record levels. Successful payments on the ledger have surged to over 2.7 million, the highest in a year, while Automated Market Maker (AMM) deposits have spiked to over 14,000. These breakthroughs follow the activation of the “Permissioned Domains” upgrade, signaling a shift toward institutional DeFi readiness even as whale selling pressure keeps the price pinned. Network Vibrancy: 2.7 Million Successful Payments Despite the bearish price action, the XRP Ledger’s fundamental usage has reached a significant multi-month peak. 12-Month High: Successful payments transactions confirmed and recorded by validators rose from 1 million in late December to over 2.7 million in February.Institutional Appeal: Analysts note that the network is maintaining approximately 2 million transactions per day and 40,000 active addresses. This consistency in moving value through payments and settlements is a key metric for financial institutions looking for stable blockchain infrastructure. AMM Breakout: Liquidity Surge Post-Upgrade The XRPL’s decentralized exchange (DEX) is seeing unprecedented growth in liquidity provisioning. Record Deposits: Following the “Permissioned Domains” upgrade in early February, AMM deposits spiked to over 14,000. This provides the ledger with deeper decentralized liquidity and significantly reduces trading slippage for users.Permissioned DEX: The launch of the Permissioned DEX two weeks later is expected to pave the way for regulated entities, such as banks and payment providers, to trade in a controlled environment, further bridging the gap between TradFi and DeFi. Price Paradox: Whale Pressure vs. Historical Bottoms XRP is currently in its fifth consecutive month of decline, creating a sharp contrast with the network’s growing adoption. Selling Headwinds: Rising whale inflows to exchanges continue to create selling pressure, and realized losses have hit their highest level since 2022. This suggests a period of intense capitulation among existing holders.The Recovery Path: Historically, extreme on-chain negativity often precedes a structural bottom. To confirm a trend reversal, XRP must decisively break above the $1.47 resistance level. Until then, the asset remains in a consolidation phase despite its record-breaking network performance. Essential Financial Disclaimer This analysis is for informational and educational purposes only and does not constitute financial, investment, or legal advice. Reports of record-breaking XRP Ledger activity and the 45% price decline are based on on-chain data from XRPScan and market analysis as of February 24, 2026. Technical upgrades like “Permissioned Domains” and AMM activity metrics are probabilistic and do not guarantee future price appreciation. XRP remains an extremely volatile asset; the $1.33 valuation is subject to rapid shifts, and a failure to break the $1.47 resistance could lead to further capital loss. Always conduct your own exhaustive research (DYOR) and consult with a licensed financial professional before making significant investment decisions in Ripple or XRP.

Do you think the record-breaking 2.7M payments will finally force a price recovery, or is the whale selling pressure too strong?