XRP Ledger Sees Increased Transaction Volume Despite Decline in Active Accounts
According to a report by Evernorth, the XRP Ledger experienced a decrease in daily active accounts by 41% to 1,100 in the second quarter, while daily order book transaction volume surged by 79%. The average daily transaction volume per account rose significantly from 1,070 to 3,200 XRP. Total on-chain assets reached approximately $4.26 billion, bolstered by a 600% increase in the supply of Ripple's stablecoin, RLUSD. Additionally, tokenized assets grew to $372 million. Despite a 25% drop in new daily accounts, institutional infrastructure continues to expan
Summaries are written by AI from the original article. Not investment advice.