"XRP Ledger transaction volume surges 300% in a year…3 million transactions a day on average"
Summary
- Evernode said it estimates the XRP Ledger’s daily transaction count has risen to about 3 million, roughly a threefold increase from a year earlier.
- Evernode attributed the increase to growth in payment processing, liquidity operations, and tokenized-asset trading, and said transaction volumes could expand further as more financial assets move on-chain.
- According to CoinMarketCap, XRP’s price has fallen 2.85% from the previous day to $1.39, failing to post a meaningful rebound.
Forecast Trend Report by Period
Daily transaction counts on Ripple’s blockchain network, the XRP Ledger, have surged over the past year.
According to U.Today, a digital-asset news outlet, Evernode—an XRP reserve firm—said in a report that the XRP Ledger’s daily transaction count has risen to around 3 million. That is roughly a threefold increase from a year earlier.
Evernode noted that the recent rise in activity includes payment processing, liquidity operations, and tokenized-asset trading, adding that as more financial assets move on-chain and adoption broadens, transaction volumes could climb further.
Still, XRP’s price has yet to stage a meaningful rebound. As of 8 p.m. local time, XRP was trading at $1.39, down 2.85% from the previous day, according to CoinMarketCap.
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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