XRP Ledger Smashes Transaction Record Amidst Quiet Market

The XRP Ledger set a new record for transactions processed in one ledger on September 13, with 3,254 transactions recorded. This is a significant milestone for the network, which has been showing remarkable throughput.

However, it's worth noting that 2,000 of these transactions were identical 1-drop payments, sent by just 20 wallets. These small payments may have contributed to the record but had little impact on the overall XRP price, which remained near $1.37 during this time.

The network's dynamic block size limits and self-adjusting ceilings ensured that the record ledger did not trigger a fee spike, unlike some other blockchain networks.