XRP Ledger has moved back into focus after on-chain activity rose above 120 transactions per second, with blocks carrying about 600 to 700 transactions. The increase came as Ripple also continued RLUSD supply adjustments, including fresh minting on XRPL and burns on Ethereum. At the same time, XRP traded near $1.35, leaving market participants focused on both network usage and price structure.
Ripple News: XRPL Throughput Rises as DEX Cancellations Lift Transaction Count
Recent network data shared by XRPL validator Vet showed XRP Ledger processing more than 120 transactions per second over a sustained period. The validator said blocks were handling roughly 600 to 700 transactions each, showing that the ledger was managing a dense flow of activity without abnormal fee pressure.
The reported surge did not come from payment transfers alone. Instead, much of the volume came from decentralized exchange activity, especially offer cancellations. That pattern suggested traders were adjusting or removing existing orders rather than entering a wave of new positions. The activity still showed that the network could process a heavy stream of instructions in real time.
Vet shared a short live view of XRPL transaction flow to show the pace and consistency of network processing. The display gave the community a direct look at how the ledger was handling the load. Community responses varied, but the validator kept the focus on network behavior and execution rather than price reaction.
He explained that cancellations simply reflected users removing earlier DEX offers. Therefore, the surge is an operational event inside the exchange layer of XRPL, not a sudden rise in capital transfers. Even so, the volume gave developers and users a fresh look at how the ledger performs under heavier traffic.
RLUSD Minting Adds Another Layer to XRPL Activity
Alongside the jump in ledger activity, Ripple’s stablecoin also recorded new supply movements. In the last 24 hours, 9 million RLUSD were minted on the XRP Ledger through two transactions, one for 4 million and another for 5 million tokens. During the same period, more than 10 million RLUSD was burned on Ethereum, pointing to another round of supply rebalancing across networks.
March has seen repeated RLUSD minting and burning activity as Ripple expands the token’s role in enterprise settlement and payments. A larger share of total RLUSD supply still sits on Ethereum, but the fresh minting on XRPL keeps attention on the ledger’s role in Ripple’s broader stablecoin strategy.
Ripple has also tied RLUSD growth to real-world payment use cases. The company recently began a pilot in Singapore’s MAS BLOOM sandbox to support cross-border trade payments using RLUSD and XRP Ledger infrastructure. That step adds context to the recent minting activity, as Ripple continues to position the stablecoin for business payment flows.
XRP Price Stays Under Pressure
While XRPL activity and RLUSD supply changes drew attention, XRP price remained below a level some analysts view as critical. XRP traded around $1.35 on March 28, leaving it roughly 30% below the $1.70 key resistance level with a 1.38% rally in the last 24 hours.
According to that view, a move above $1.70 could shift XRP from consolidation into a stronger upward trend. The same analysis pointed to April or May 2026 as a possible window for a larger rally if that level turns into support. XRP would still need a much larger gain to move beyond its previous all-time high of $3.84 from January 2018.
For now, XRP remains tied to broader market conditions as well as crypto-specific catalysts. That leaves traders watching whether rising ledger activity, RLUSD growth, and continued use of XRPL services can support stronger market interest
Source: https://coinpaper.com/15813/xrpl-activity-jumps-above-120-tps-as-dex-cancellations-drive-volume
