Evernorth: 92% of $1.65 Billion RLUSD Swaps Used XRP as Trading Pair

24 minute ago 2 sources neutral

Key takeaways:

  • XRP's 92% RLUSD swap dominance signals deep on-ledger utility, not guaranteed price upside.
  • Traders should watch XRP spot volume and RLUSD supply growth for confirmation of durable demand.
  • Stablecoin-led XRPL activity may boost XRP utility while price remains sensitive to broader sentiment.
XRP XRP $1.09 -5.06%

New data from Evernorth shows that XRP was used as the trading pair in 92% of $1.65 billion worth of RLUSD swaps, highlighting the token's dominant role in stablecoin trading on the XRP Ledger in 2026.

According to the report, stablecoin pairs now dominate XRP Ledger trading activity, with RLUSD-related volume representing a substantial share of the market. While the figures underline strong utility and trading demand for XRP, Evernorth cautioned that higher trading activity does not automatically guarantee XRP price appreciation.

XRP XRP XRP $1.09 -5.06%
Evernorth data shows 92% of $1.65B RLUSD swaps used XRP, reinforcing XRPL utility and demand; however, volume alone may not drive price, so reaction is modestly bullish near-term.
Sources
Evernorth Says 92% of $1.65 Billion in RLUSD Swaps Used XRP as Trading Pair
coinpaper.com 09.11.2026 12:59
Evernorth report shows 92% of $1.65 billion RLUSD swaps on XRPL paired with XRP
COINTURK NEWS 09.11.2026 19:32
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