Dubai Land Dept. Triggers XRPL Explosion: 2.5M Daily Transactions as XRP Targets $1.45

The XRP Ledger (XRPL) is going through a major change, as its utility is becoming less tied to the ups and downs of the wider market.

Quick overview

  • The XRP Ledger is experiencing significant growth, with daily transactions increasing by 40% to 2.5 million, largely due to Dubai's $5 million real estate tokenization project.
  • The Dubai initiative has enabled the creation of 7.8 million tradable property tokens, enhancing the XRPL's utility in the Real-World Asset sector.
  • Despite a broader crypto downturn, XRP's market position remains strong, particularly in the U.S. Treasury market where it holds a 63% share.
  • The network has reached 7.64 million activated accounts, primarily from institutions, indicating a shift towards utility-driven growth rather than speculative trading.

The XRP Ledger (XRPL) is going through a major change, as its utility is becoming less tied to the ups and downs of the wider market. As of February 24, 2026, on-chain data shows the network is handling 2.5 million daily transactions, up 40%. This jump lines up with Dubai’s Land Department making big moves in property tokenization.

While XRP’s price is trying to get back above $1.40 during a broader crypto downturn, many investors are focusing on the ledger’s strong position in the Real-World Asset (RWA) sector.

The “Dubai Effect”: $5 Million Real Estate Tokenization

Dubai’s government has taken a big step in digital asset management by officially tokenizing $5 million worth of high-end real estate on the XRPL. This project created 7.8 million tradable property tokens, breaking up luxury villas and commercial spaces into smaller shares for investors around the world.

  • Utility Spike: The Dubai launch is responsible for much of the 40% jump in daily transactions on the network.
  • Speed & Scale: * Developers say that cross-border property settlements on XRPL now take less than 5 seconds on average, compared to the weeks it usually takes with traditional escrow.
  • Infrastructure: The second phase of the project, which started on February 20, now lets people trade these assets on a regulated secondary market for the first time in the region.

63% Market Share: Dominating the U.S. Treasury Market

Ethereum and Solana often get more attention, but the XRP Ledger has quietly taken the largest share of the most important RWA category: tokenized U.S. Treasuries.

Network U.S. Treasury Market Share Key Strength
XRP Ledgerhttps://en.wikipedia.org/wiki/XRP_Ledger 63% Institutional Safety & Stability
Ethereum 22% Ecosystem Liquidity
Solana 8% Transaction Speed
Others 7% Niche Specialization

Analysts point out that even though retail trading volume is lower, the large settlement volume on XRPL makes it the top choice for traditional financial institutions handling government-backed debt.

XRP/USD Technical Analysis: The $1.32 “Line in the Sand”

With ten years of experience as an analyst, I see the current 4-hour chart showing we are at a key pressure point.

  • The Triangle: Right now, XRP is caught between a falling resistance level, which started after the $1.65 rejection, and a rising support trendline at $1.32.
  • Bearish Pressure: The price is now below the 50-period moving average at $1.44, which keeps the short-term outlook neutral to bearish.
  • The Breakdown Trigger: If XRP closes below $1.30 on the 4-hour chart, that would be a sell signal and could lead to a drop toward $1.21 or even $1.16.
  • The Bullish Catalyst: If XRP breaks above $1.45 and the 50-period moving average, it could shift the trend and aim for $1.52, with a possible retest of $1.64.

7.64 Million Accounts: The Institutional Migration

The network now has 7.64 million activated accounts, a new milestone. This time, most new registrations are from institutions testing micropayment settlement tools and the upcoming MAVAN staking system, rather than from retail users.

“The separation between network performance and token volatility is the highest we’ve seen in years,” one lead developer noted. “XRPL is achieving utility-driven growth that isn’t dependent on the next speculative pump.”

Summary for Traders

The XRPL is transitioning from a “payment token” to an “asset management powerhouse.” While the technicals suggest short-term caution until a breakout occurs, the fundamental surge in transactions and RWA dominance provides a strong floor for long-term conviction.

ABOUT THE AUTHOR See More
Arslan Butt
Lead Markets Analyst – Multi-Asset (FX, Commodities, Crypto)
Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics. His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker. His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.

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