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Altcoins

XRP Ledger passes 10 million x402 AI agent payments

The XRP Ledger crossed 10 million x402 payments less than three months after its first million, with AI agents driving most activity.

CoinDesk AI Desk
· 3 min read
✓ 3 SOURCES CHECKED
XRP Ledger passes 10 million x402 AI agent payments
Image: CoinGape

Key takeaways

  1. The pace was fast. The ledger passed 10 million x402 payments less than three months after clearing 1 million.
  2. Agents drive activity. More than 600,000 x402 payments settle daily, with AI agents buying inference and data most often.
  3. XRP traded near $1.50. The 24-hour range was $1.48 to $1.54, and futures open interest stood at $3.57 billion.

What happened

The XRP Ledger has crossed 10 million payments settled through the x402 protocol. t54 Labs revealed the figure on October 1, less than three months after the ledger first cleared 1 million x402 payments.

RippleX head of engineering J. Ayo Akinyele said more than 10 million x402 payments had now settled on the ledger. He said AI agents paying for inference and data still dominate volume, while a broader range of services is showing up across financial data, risk, credit and other agent APIs.

XRPL AI Hub data shows about 10.9 million all-time transactions, with nearly 6,610 XRP and 9,870 RLUSD settled across 161 registered merchants. More than 600,000 x402 payments settle on the ledger daily.

Why it matters

The protocol lets software send payments through HTTP requests. Agents can pay for APIs, data and digital services without an account or manual approval. On XRPL, settlement is in XRP or RLUSD.

XRPL charges a transaction fee near $0.0002 and settles payments within three to five seconds, which suits the frequent, low-value payments that automated agents make.

Ripple joined the Linux Foundation-backed x402 Foundation as a Premier Member after the group launched in July 2026 with 40 members.

What the data shows

XRP traded near $1.50 after facing resistance at $1.60, with a 24-hour low and high of $1.48 and $1.54. Trading volume fell by almost 20% over 24 hours.

XRP futures open interest rose almost 1% to $3.57 billion in 24 hours, then slipped 0.72% over the following four hours. Whale holdings moved around 3.90 billion XRP over the past week with no significant change.

Background

Coinbase revived the unused HTTP 402 status code for the protocol, and XRPL support shipped with Ripple's XRPL AI Starter Kit in June. The ledger crossed one million payments within weeks, and Akinyele has said it could reach 100 million within a couple of years.

Crypto analyst CredibleCrypto claimed XRP is going to have one of the greatest runs of the cycle, even greater than ETH in terms of ROI. Separately, Ripple integrated XRP and RLUSD support for AI agent payments on Stripe and Tempo's Machine Payments Protocol.

What is still unclear

  • The two reports give different daily figures. CoinGape said more than 600,000 x402 payments settle on the ledger each day, while Blockonomi reported Akinyele's figure of 500,000.
  • Whale holdings stayed neutral around 3.90 billion XRP while analysts remain bullish. The reports do not say which signal will hold.

Questions readers ask

What is x402 on the XRP Ledger?

It is a payments protocol that lets software send payments through HTTP requests. On XRPL, settlement is in XRP or RLUSD and usually finishes within seconds.

How many x402 payments has the XRP Ledger processed?

The ledger has crossed 10 million x402 payments, less than three months after clearing 1 million. XRPL AI Hub data shows about 10.9 million all-time transactions.

Where is XRP trading after the milestone?

XRP traded near $1.50 after facing resistance at $1.60, with a 24-hour low and high of $1.48 and $1.54.

Sources · 3 publishers

  1. The Crypto Basic TIER 2 FIRST REPORT
    XRP Crosses 10M x402 Payments 3 Months After Hitting 1M Milestone
  2. CoinGape TIER 2
    XRP News: XRP Ledger Sets Milestone as x402 AI Payments on XRPL Top 10 Million
  3. Blockonomi TIER 3
    XRP Ledger Hits 10M x402 Payments as AI Agents Surge