thecryptobasic.com
The $XRP Ledger could see a much bigger jump in users and trading activity during the next bull market, according to XRPL validator Vet (Hussain Zangana).
Back in December 2024, Vet pointed to unusually high activity on the network. First Ledger was handling about $40 million in daily trading volume, while around 1,000 new users were joining every hour.
Now, Vet expects that kind of growth to happen again, but potentially on an even larger scale. In particular, he said the $XRP Ledger could see “more violent” growth in users and trading volume, despite being criticized for making a similar prediction in 2023.
XRPL Builders Are Getting Ready for More Activity
Vet said bear markets are tough for $XRP holders and developers, but work on the XRPL ecosystem is still going on. Developers are working to grow the XRPL decentralized exchange and improve areas like consumer apps, retail use, and liquidity.
Vet said the goal is not just to attract users during bull markets, but to keep them using the network afterward. He believes the key is to build a strong foundation that turns short-term spikes in activity into long-term growth.
He also said developers need to create products that $XRP holders actually want to use if they want to keep those users.
Stablecoins, Tokenized Equities and RWAs
Several initiatives are already being pursued to strengthen the network’s underlying activity, Vet said. These include better ways to move money in and out of the network, stronger stablecoins, tokenized stocks, and real-world assets (RWAs).
Instead of focusing mainly on risky or speculative projects, Vet believes these areas can create more stable and long-term activity on the XRPL. He also praised RippleX for leading much of the work on these improvements.
Funding for developers is also growing. Vet highlighted programs from XRPL Commons, Glow, and other funding platforms that support developers building on the network.
XRPL Foundation Plans Creator and Education Program
Vet also identified marketing, exposure and education as areas where the XRPL ecosystem has an opportunity to improve.
He argued that the $XRP community has one of the strongest groups of content creators in the cryptocurrency industry and said the ecosystem should make greater use of that existing community.
Vet revealed that he is personally working with the XRPL Foundation to establish a content creator and education program, which recently received legal approval to move forward.
Beyond adoption and marketing, he said development is also progressing across the network’s amendment process, builder-focused features, go-to-market strategies, network monitoring, security and forensics.
He specifically mentioned features such as AMM v2 and Batch as part of the broader development effort.
Vet Remains Bullish on $XRP and XRPL
In sum, despite the challenges in the crypto market, Vet remains very positive about $XRP and the $XRP Ledger. He said the XRPL ecosystem is built through teamwork, with different groups working on infrastructure, liquidity, development, security, education, and adoption.
Vet said he believes XRPL has “something very special,” but also admitted that building a strong and lasting ecosystem will take a lot of work.
His comments show that XRPL developers are not just preparing for the next bull market. They also want to keep users and liquidity on the network after the market slows down. The main goal is to turn short-term spikes in activity into steady, long-term growth.