XRP Ledger Transactions Soar Above 2 Million Daily

The XRP Ledger has experienced a significant recovery in network activity, with daily transactions consistently surpassing 2 million since September 1.

This marks a shift from the period between mid-June and late July, when the network averaged around 1.5 million daily transactions.

The recent surge in transaction counts coincides with XRP's price rebound, which saw the asset rally from $0.98 on August 17 to $1.69 by August 22 before facing resistance and pulling back.

Notably, the number of active XRP Ledger accounts has also increased in September, reaching a monthly high of 17,222 on September 4.