XRP Ledger Generates Just $1,027 in 24-Hour Chain Revenue
- —XRPL chain revenue over 24 hours was $1,027, with fees burned rather than paid to validators
- —Apps on XRPL generated $49,494 in revenue against $130,926 in app fees
- —DEX volume on XRPL reached $4.38 million, with 40,326 active addresses
- —Stablecoin market cap on XRPL stands at $1.191 billion, DeFi TVL at $44.63 million
Why it matters: The modest base-layer revenue highlights the gap between XRP's valuation and actual on-chain activity.
Source: The Crypto Basic