XRP Ledger faces 'Ghost Chain' criticism over bot activity; Ripple's Schwartz defends network
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.
Summaries are written by AI from the original article. Not investment advice.