XRP Ledger New Accounts Jump 535% in Two Days as On-Chain Activity Surges
- —New accounts on the XRP Ledger rose 535.2% to 2,900 over two days
- —Successful transactions climbed 80.8% to 1.7 million; payments rose 108.9% to 1.2 million
- —Payment volume surged 894.3% to roughly 704.2 million XRP; fees burned rose 225.7% to 300.3 XRP
- —Active users fell 70.6% to 140,000, pointing to growth among a narrower user base
Why it matters: The on-chain spike coincided with XRP recovering above key moving averages near $1.53, but the drop in active users raises questions about how broad the growth really is.
Source: U.Today