The aforementioned index reached an annual high of 0.0324.
There is a change of hands between XRP holders, with great participation of users.
The XRP Ledger network speed metric saw a sudden surge, hitting a yearly high of 0.0324 points, indicating a sharp increase in economic activity and on-chain transactions during the week.
This level of circulation speed suggests that, instead of sitting idle in cold wallets or being held long-termthe cryptocurrency XRP is “rapidly changing hands among market participants,” according to an analysis by CryptoOnchain for the firm CryptoQuant.
The chart below shows the historical relationship between the price of XRP (black line, right axis) and the XRP Ledger Network Speed Index (purple line, left axis) throughout 2025.
“Such an increase usually means high liquidity and substantial participation of traders or significant movements by whales.” A whale refers to an entity or person that owns addresses that accumulate more than 1 million units of XRP.
Regardless of market direction, this data confirms that The network is experiencing one of its busiest periods in 2025with user engagement reaching a peak, the analysis notes.
This increase in network speed for XRP, By showing greater circulation and active use, it can be a potentially favorable factor for its price. Increased circulation can mean an increase in transaction demand or an active redistribution of existing supply, which could put upward pressure on the price if demand exceeds selling pressure.
In addition, the pace of XRP withdrawals from Binance, the largest cryptocurrency exchange in the world, has increased, as CriptoNoticias explained last week. This combination of high circulation speed and exchange withdrawals could indicate that XRP could be leaving its lateralization stage behind to enter a new period of price increase.