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XRP is still actively traded with strong liquidity and a large market cap in the crypto market.
Network activity on the XRP Ledger remains high, showing the chain is still being used.
Regulatory focus is slowly shifting toward clearer rules instead of constant legal pressure.
XRP’s chances for a major bullish breakout and lively activity are highly debated. Every time the price slows or new crypto trends take the spotlight, doubts surface. After all, markets run on numbers, activity, and real demand.
Looking closely at the latest market data, XRP does not appear to be a dead project. It is an asset that is still trading at high ranges, even if the news about it is not always exciting.
XRP is trading near $2.15 at press time. This price alone does not tell the full story, but the market size does. XRP’s total market value is close to $130 billion, keeping it among the largest cryptocurrencies in the world. Daily trading volume is about $4.5 billion, and it indicates that XRP is still actively bought and sold across global exchanges.
The circulating supply is roughly 60.7 billion XRP out of a maximum supply of 100 billion. This large supply is often used as an argument against XRP, but it has been known for years and is already reflected in the price. What matters more is liquidity. XRP remains easy to trade in large amounts without huge price swings, unlike many smaller coins. Assets that are truly dying usually lose this level of market depth.
Liquidity is one of the clearest signs of life in any financial market. XRP continues to show strong trading activity during both bullish and weak market periods. Even when the broader crypto market turns risk-off, XRP does not disappear from trading screens. It still reacts to macro news, Bitcoin moves, and regulatory headlines.
This behavior places XRP firmly in the core of the crypto market rather than on the edges. It moves with the system, not outside of it. That kind of integration only happens when an asset is widely held, tracked, and used by traders across regions.
Also Read: XRP Rises 25% in 2026: ETF Investments Drive Growth
Another sign that XRP remains relevant is the creation of regulated investment products. In late November 2025, the Grayscale XRP Trust ETF began trading on NYSE Arca. By early January 2026, this product had around $270 million in assets under management. That is not a massive number compared to Bitcoin products, but it is far from meaningless.
Institutional products usually focus on assets with steady demand and legal clarity, or at least improving clarity. At the same time, not every planned product survived. CoinShares withdrew plans for several single-asset XRP ETFs, mainly due to competition and thin margins in the US market. This shows that interest exists, but it is selective and driven by business realities rather than hype.
On-chain data is often ignored in XRP discussions, but it is important. Recent network data shows that the XRP Ledger has handled close to 1.9 million transactions in a single day, with about 1.09 million payments were recorded. These are not small numbers, and they did not come from a single unusual event.
High transaction counts alone do not guarantee real adoption, but consistency matters. Repeated periods of strong activity suggest the network is still being used for transfers, exchange movements, and ledger operations. Dead networks usually show long stretches of silence, but XRPL is highly active.
It is also true that some activity can come from automated systems or short-term behavior. Still, the network continues to function at this scale, showing that infrastructure is alive and being maintained.
XRP’s history is closely tied to regulation, especially in the United States. In early January 2026, Ripple sent a policy letter to the US Securities and Exchange Commission’s crypto task force. The letter argued for clearer rules between initial token sales and how tokens trade later on secondary markets.
US senators introduced draft legislation aimed at defining when digital assets should be treated as securities or commodities. This type of discussion suggests the focus is moving from enforcement battles to long-term rules. That does not remove uncertainty overnight, but it does change the tone of the conversation.
Markets often respond better to slow clarity than sudden surprises. For XRP, this shift reduces extreme downside fears, even if it does not guarantee upside.
Also Read: XRP vs Bitcoin: Rare Ichimoku Breakout Signals Potential XRP Rally
Strong market size, high volume, and active networks do not mean XRP will outperform everything else. Competition is intense. Stablecoins, fast layer-two systems, and newer chains all fight for payment and settlement use cases. XRP also carries the weight of its large supply, which limits how some investors think about price growth.
The data shows survival and relevance, not automatic success. Long-term value will depend on whether real-world use keeps growing and whether regulatory clarity turns into broader adoption.
Based on current market data, XRP is clearly still alive. A $130 billion market cap, billions in daily trading volume, active on-chain usage, and regulated investment products all point in the same direction. The debate has moved past survival and into performance.
XRP is no longer fighting to exist. It is competing to prove its future role, and its movement is still being documented as investors eagerly await a significant breakout.
Is XRP still a relevant cryptocurrency in 2026?
Yes, XRP remains among the top cryptocurrencies by market cap and daily trading volume.
Does XRP still have real usage or just trading hype?
The XRP Ledger continues to process high daily transaction and payment counts, showing ongoing usage.
Has regulation killed XRP’s growth?
Regulation has slowed momentum at times, but recent policy discussions suggest clearer, not a shutdown.
Why does XRP get called a dead coin so often?
Long legal battles, slower price movement, and strong competition often fuel negative narratives.
Can XRP still grow in the future?
Growth depends on real-world adoption, regulatory clarity, and how well XRP competes with newer crypto solutions.
