XRP Saw 819 Transactions Worth At Least $280,000 a Day Despite Recent Ghost Chain Claims

Despite recent claims from Litecoin proponents that the XRPL barely sees any significant XRP transactions, data shows massive daily volume.

XRP has always been at the center of criticism from various corners of the crypto community. The earliest pushback came from the Bitcoin camp, while more recent attacks have emerged from Chainlink advocates, who claim their project enjoys stronger real-world adoption and could eventually surpass XRP in market rankings.

Interestingly, the Litecoin community appears to have also taken a recent interest in this trend. Specifically, the official Litecoin X account, managed by an intern, recently took a straightforward jab at XRP. Notably, it claimed that the hype surrounding XRP is “cosmic delusion,” and referred to Ripple CEO as “Brad Garlicmouse.”

XRPL Seeing Multiple Large-Value Transactions

However, XRPScan, an XRPL explorer, replied to this with data indicating that the network saw up to 3,356 transactions worth at least $28,000 on Sept. 1 alone, with some transactions worth over $560,000. This translates to at least $94 million from these transactions alone.

> I want to see the overall value sent per day through the blockchain

Sure, here’s 3356 successful on-chain transactions that transferred 10,000+ XRP ($28,000 and above in dollar value) per transaction just yesterday. The transactions are clickable and verifiable on-chain:… https://t.co/gkXabzOYiV pic.twitter.com/ja6X7JMUer

— XRPScan (@xrpscan) September 2, 2025

Meanwhile, an independent analysis carried out by The Crypto Basic through XRPScan’s Console resource shows even more impressive metrics. Specifically, on-chain data shows that the XRPL saw 4,723 transactions worth at least 5,000 XRP ($14,000) yesterday, Sept. 2, alone.

XRPL Transactions Worth At Least 5000 XRP | XRPScan Console

Moreover, there were 2,145 transactions worth 20,000 XRP ($56,000) and above on the same day. These transactions alone accounted for at least $120 million worth of value moved on the XRPL yesterday.

However, a more interesting feat involved 819 transactions worth 100,000 XRP ($280,000) on the same day. For context, the cumulative worth of these transactions was at least $229.3 million. Notably, this was not a one-off milestone, as similar transactions worth $280,000 and above hit 734 on Sept. 1 and 832 on Aug. 27, a week ago.

XRPL Transactions Worth At Least 100000 XRP | XRPScan Console

XRP Also Beats Litecoin in Transaction and Trade Volumes

These metrics confirm that the XRP Ledger boasts multiple large-value transactions, as opposed to recent claims. Further data from XRPScan also reveals that payment transactions on the XRPL range from 700,000 to 1.1 million each day, with values ranging from $300 million to over $1 billion.

XRPL Transaction Volume | XRPScan

In contrast, the Litecoin network typically sees between 175,000 and 200,000 transactions each day, much lower than what the XRPL records within the same timeframe.

Litecoin Transaction Volume

However, it is important to note that these metrics refer to on-chain payment transactions carried out on the networks themselves, and not trading activity on centralized and decentralized exchanges.

When it comes to trading volume, there is a much larger gap. Specifically, XRP currently boasts a 24-hour volume of $6.8 billion, according to CoinMarketCap, the seventh-largest in the market. Meanwhile, Litecoin only has a volume of $568.8 million, ranking 31st.

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