Daily $XRP Ledger transactions have remained above the 2 million mark since the start of September 2026 despite the prevalent price uncertainty.
Notably, the $XRP ecosystem has maintained this level for up to a week as network activity continues to recover. This is according to on-chain data provided by XRPScan, a leading $XRP Ledger block explorer.
The recent strength represents a change from the period between mid-June and late July 2026, when the network averaged about 1.5 million daily transactions and failed to consistently cross 2 million. Activity had previously reached between 2.4 million and 2.6 million transactions in May before declining.
$XRP Transactions See Recovery in August
The network began showing signs of recovery in early August. Specifically, daily $XRP transactions moved above 2.3 million by Aug. 4, before climbing to 3 million on Aug. 5. Importantly, this figure marked a four-month peak for $XRP Ledger activity.
Interestingly, the increase in network activity came while $XRP’s price faced intense selling pressure. $XRP witnessed consistent declines from $1.0864 on Aug. 3 to $0.99 by Aug. 11.
After reaching the 3 million $XRP transaction peak on Aug. 5, activity cooled and moved between roughly 1.6 million and 2.7 million for the rest of August.
This coincided with $XRP’s recent price rebound, as the asset rallied from $0.98 on Aug. 17 to $1.69 by Aug. 22 before facing resistance and pulling back. Despite this price rebound, transaction activity still failed to remain consistently high.
$XRP Transactions See Consistent Trend in September
The uneven pattern finally changed at the end of August. Notably, Daily $XRP Ledger transactions crossed 2 million on Aug. 31, and the network has maintained that level throughout September so far.
Daily $XRP Transactions | Source: XRPScan
Specifically, transactions reached 2.3 million on Sept. 1, before slipping to 2.193 million the next day. Activity then recovered to 2.572 million by Sept. 3, which represents the highest daily figure recorded for the month so far.
Although the transaction count declined after this peak, it has remained above 2 million throughout September. The network has recorded 722,000 transactions so far today, which leaves open the question of whether it can maintain the current pace as the day progresses.
$XRP Active Accounts and Payments Also Recovering
Meanwhile, transaction growth has not been the only sign of renewed activity on the $XRP Ledger. The number of active $XRP Ledger accounts also increased in September after falling to just 3,898 accounts on Aug. 30.
Daily $XRP Active Accounts | Source: XRPScan
The network reached 14,841 active accounts on Aug. 31. Interestingly, growth continued into September, with active accounts reaching a monthly high of 17,222 on Sept. 4. Although the figure declined on Sept. 5 and 6, daily active accounts have remained above 13,000 this month.
Moreover, daily $XRP payments have also followed the broader recovery in network activity. Payments fell to 540,695 on Aug. 30, but the metric rebounded to 879,868 payments by Sept. 1.
Since then, daily payments have remained above 800,000, reaching a monthly high of 978,555 payments on Sept. 3. Notably, this payment peak came on the same day $XRP Ledger transactions reached their September high of 2.572 million.
Daily $XRP Payments | Source: XRPScan
Overall, the rise in $XRP transaction counts, active accounts, and payments confirms that the $XRP Ledger is witnessing renewed network activity in September following the August price rally. It remains to be seen if the network can sustain these high levels as the month progresses.