Ripple CTO Outlines Vision for XRPL Programmability Amid Decentralization Debate
Ripple’s recent move to introduce smart contracts on the XRP Ledger (XRPL) has sparked discussions within the community. Ripple CTO David Schwartz has stepped in to address concerns and clarify the company’s intentions. Ripple announced its plans to enhance the XRPL by integrating smart contract functionality through two main approaches. The first approach involves developing […]
XRP Ledger Sees Record Surge in New and Active Wallets
The XRP Ledger has recently experienced a significant surge in new and existing addresses, reaching levels not observed since March. This uptick in activity occurs as XRP undergoes a steep market correction, dropping to $0.57. On-chain data reveals that the XRP Ledger saw the creation of 1,721 new wallets in a single day, the highest […]
XRP Network Activity Soars Despite Decline in New Wallets
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 […]