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Crypto

XRP Ledger Sees Active Users Plummet Amid Transaction Value Surge

Guavy AI Editorial Team
Instruments
XRP
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The XRP Ledger network has experienced a decline in active users from over 1,860 to around 1,100 daily.

This reduction is accompanied by an increase in transaction value, with the average daily trading volume rising by 79% to 3.57 million XRP.

The average volume per entity has also seen a significant jump, from approximately 1,070 XRP to nearly 3,200 XRP.

The total volume on the decentralized exchange has increased to 4.42 million XRP daily, with the order book accounting for 81% of all activity, compared to 54% a year ago.

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