DeFi· ★★· neutral·

XRPL processes 3,254 transactions in one ledger, but load was synthetic

  • —3,254 transactions total: 2,295 successful, 959 failed
  • —20 accounts sent 100 payments each of one drop of XRP
  • —Successful XRP payments delivered 323.64 XRP, while CheckCash delivered another 1,950 XRP
  • —Of 458 OfferCreate transactions, 440 ended with tecKILLED and tecUNFUNDED_OFFER codes
Why it matters: The record confirms the network's throughput, but the synthetic nature of the load says nothing about real demand for XRP.
#XRP
Source: CryptoSlate
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