The post Crypto Wallet Xaman Announces Temporary Outage Halting XRP Transactions appeared first on Coinpedia Fintech News
Xaman, a self-custody crypto wallet for XRP ledger and Xahahu, has recently announced that users may face a temporary outage due to increased demand and activity. User activity on the Xaman wallet has surged 250% since summer 2024, and the growth has continued in 2025.
Xaman Temporary Outage: Increased XRP Demand and Usage
In December 2024, Xaman reached over 212,000 active weekly users, and the number has continuously grown since then. In Q1 2025, the crypto wallet possessed over $1billion in XRP, demonstrating the renewed interest in XRP.
Due to this surge, the Xaman wallet is currently experiencing a temporary outage, disabling users from accessing the service or conducting transactions.
Xaman officials acknowledged the issue on X, while assuring the users that the platform is actively working to resolve it. It stated, “We’re aware of the issue and working to resolve it as quickly as possible. Thank you for your patience, we’ll keep you updated as we make progress.”
Key Components to Drive Xaman Demand and User Surge
- XRP Price Surge: XRP price has surged 4.5% between July 7 and 8, representing the highest price levels since late May 2025.
- XRP Stability: Unlike other cryptocurrencies like Solana and Dogecoin, XRP remained stable during market-wide profit taking. This demonstrates the strong position of XRP in the current digital asset market.
- Launching RLUSD transactions on the XRPL: RLUSD stablecoin is pegged to the US dollar, intending to be used for transactions and remittances, settling primarily on the XRP ledger. This factor has potentially boosted the demand for the Xaman wallet.
- Product Improvement in Xaman: The launch of Xaman 4.0 introduced seamless asset swaps, a 10x faster onboarding process, and enhanced real-time functionality, making the platform more appealing and easily accessible to new and experienced users.
Xaman Outage Leaves Users Stranded
This is the second time in 2025 that Xaman has shut down its services, preventing users from conducting XRP transactions. During the first outage in March, the platform faced mixed reactions from the user community, as it had not provided any clarity or reason behind the outage.
Most of the users raised concerns about being unable to conduct trading at the time, while now, with the recent shutdown, users’ reaction remains to be seen.
