Daily XRP Transactions Jump 1,717% to 3.72M, a Six-Month High
- —XRPL processed 3.72M transactions on Oct. 25, a six-month high
- —The 1,717% gain followed a drop to 204,582 transactions on Oct. 24
- —Activity ran 48% above the 30-day average of 2.5M
- —XRP has fallen about 13% in October to $1.2958 amid broad market weakness
Why it matters: Rising XRPL activity while price falls may signal returning network demand, though the December 2023 record of 6.9M transactions remains far off.
Source: The Crypto Basic