XRP Ledger Enhancements Propel Daily Transactions to New Highs

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Data from XRPL explorer Bithomp reveals a striking increase in the use of Batch and Ticket features on the XRP Ledger throughout November. These features, designed to enhance transaction flexibility and efficiency, have reached unprecedented levels of daily usage.

Accelerating Adoption of New Features

On November 3, 2026, Batch transactions surged to a monthly peak with 1.962 million daily operations. Meanwhile, Ticket usage hit its own record on November 7, 2026, reaching 1.553 million. The Batch feature, which allows for the grouping and simultaneous execution of multiple transactions, was activated on the XRPL mainnet on October 9, 2026.

The rapid approach toward 2 million daily transactions in less than a month signifies swift uptake within the network. In contrast, the Ticket system permits pre-allocation of transaction sequence numbers, providing users with the ability to schedule transactions more flexibly.

Batch functionality is regarded as a fundamental or accelerating component for high-value XRPL applications in active development or under contractual commitment, including atomic multi-party settlement.

Broad-Based Rise in Network Activity

According to XRPScan, the network’s total transaction count saw a 75.9% increase over the last 24 hours, climbing to 4.3 million. Active accounts jumped by 128%, while the amount of XRP burned as fees increased by 136%. During the same period, payment volumes rose by 137% to reach $1 billion, with NFT mints soaring by 240%.

This data highlights that the surge in activity spans across various aspects of the network, from payment flows to NFT-related operations.

Stability and ETF Growth Continue Steadily

Ripple led the charge in stablecoin market cap growth by issuer over the past 24 hours, with an increase of $90.9 million, followed by multipli.fi with $21.3 million. As a payment-focused tech company, Ripple remains a prominent entity within the ecosystem, which develops XRPL-connected products.

The market cap of Ripple’s RLUSD stablecoin has grown significantly this year, expanding 96% across Ethereum and XRP Ledger from $1.4 billion in January to $2.7 billion. This growth was primarily realized in July with the launch of Ripple Mint, when the RLUSD market cap rose from just under $1.5 billion to $2.3 billion by August.

One year after the launch of the first U.S. ETF holding XRP, spot XRP ETFs have collectively accumulated over 1.16 billion XRP.

Another key development for the network is the first U.S. ETF holding only XRP, which began trading a year ago. Since its inception, spot XRP ETFs in the U.S. have amassed a total of over 1.16 billion XRP.