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XRP Network Activity Soars Despite Decline in New Wallets

XRP's Consolidation Phase: Assessing Potential Breakouts

Ripple’s latest quarterly report highlights a significant increase in XRP Ledger (XRPL) transactions in Q1 2024. Transactions more than doubled from 121,031,713 in Q4 2023 to 251,397,881 by the end of Q1 2024, a 108% rise. During the same period, the average transaction fee on XRPL saw a substantial reduction, dropping by 45%.  In Q4 […]