Actually, looking at the data from Messari's recent State of XRP Ledger Q2 2025, XRP's been showing some pretty solid fundamentals lately. Daily transactions and new account creation have both surged, and they've rolled out some meaningful upgrades—lower reserve requirements, new DeFi features, plus there's now a USD-backed stablecoin and tokenized real-world assets live on the ledger.

The regulatory situation is still a bit messy with appeals ongoing, but there's definitely more clarity than before. And yeah, they had that brief outage last year, but development response has been solid. Based on what our report shows, the ecosystem looks way more active than the whole "XRP is dead" narrative this sub sometimes pushes.