- The XRP Ledger activity spike suggests significant institutional participation.
- Over 40,000 transaction increase due to strategic actions.
- Potential precursor to greater liquidity and market positioning.
XRP Ledger activity surged with over 40,000 transactions, driven by institutional players reconfiguring accounts on November 29, 2025, amid significant XRP inflows into U.S. ETFs.
The increase indicates large-scale institutional onboarding and liquidity preparation, potentially leading to stronger market engagement and price actions.
XRP Ledger’s activity experienced an unusual surge with over 40,000 AccountSet transactions reported. This increase is linked to institutional activities involving custody system expansions and market maker configurations.
Multiple institutional actors, alongside new participants, were involved. Custodians, market makers, and automated systems took actions, highlighting a shift even after BitGo’s operations ended.
This activity impacted the crypto markets significantly, correlating with a massive $643.92 million net inflow into XRP ETFs. Institutional demand for XRP is clearly rising.
Financial effects are profound, with the ETF assets reaching $676.49 million. These shifts imply increased institutional confidence and positioning in XRPL’s ecosystem.
Such activity aligns with past tendencies where backend surges often signaled network upgrades or liquidity expansions. Increased regulatory acceptance indicated by ETF listings supports this trend.
Long-term implications might include broader institutional adoption of XRP as a viable settlement asset. Historical patterns and current financial infusions suggest potential price rallies, though market complexities remain a factor.
“Someone is doing a lot of AccountSet TXs on the XRP Ledger recently. Even after BitGo stopped,” said Vet, XRPL Contributor.
