Blockworks Q2 2026 Report: Why XRP Price Fell Despite XRPL Growth

NewsThu, 20 Aug 2026 04:16:01 UTC6 hours ago
Blockworks Q2 2026 Report: Why XRP Price Fell Despite XRPL Growth
  • Stablecoins on the XRPL surged to $825.5 million; RLUSD alone reached $676.9 million.
  • Global XRP ETP inflows topped $253 million, but XRP itself ended the quarter down 19.9%.
  • XRPL brought in just about $31,800 from payments and transfers during Q2.

Blockworks released the โ€˜State of XRP: Q2 2026โ€™ report that shows the ecosystem kept expanding across stablecoins, tokenized RWAs, institutional products, and derivatives, even though XRPโ€™s price took a sharp hit during the quarter.

The numbers from the report showed key figures: stablecoins on the XRPL surged to $825.5 million, up nearly 200% quarter-over-quarter, with RLUSD alone reaching $676.9 million, up 256%.

Additionally, stablecoin transfer volume hit $10 billion (a 207% jump), while tokenized RWA value rose 102% to $4.46 billion.

Global XRP ETP inflows topped $253 million in Q2, up 45% from Q1. XRP iโ€ฆ

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