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XRP Ledger faces 'Ghost Chain' criticism over bot activity; Ripple's Schwartz defends network

CoinGape ·

The XRP Ledger is under scrutiny following a Bitquery report indicating that over 93% of network activity in August 2026 originated from just 793 accounts. Ripple veteran David Schwartz has defended the network against claims that it is a 'ghost chain' due to this concentrated transaction volume.

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Summaries are written by AI from the original article. Not investment advice.

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