XRP Base-Layer Fees Barely Break $1,000
XRP's base-layer transaction fees generated just $1,027 in revenue over the past 24 hours, according to data from DefiLlama.
Despite this relatively low figure, XRP's fully diluted valuation stood at a substantial $147.97 billion, with its market capitalization at approximately $93.06 billion at the time of the snapshot.
The network also recorded significant activity in other areas, including app revenue and decentralized exchange volume. Protocols on the XRP Ledger generated $49,494 in app revenue over 24 hours, while total app fees reached $130,926.
Decentralized exchanges on XRPL processed approximately $4.38 million in volume during the same period, with the network registering 40,326 active addresses. This represents another measure of daily blockchain activity.