Summary
- It was reported that the number of newly created addresses on the XRP network decreased by 44% compared to the previous month.
- XRP is trading at $2.14 on the Binance USDT market, up 2.61% from 24 hours ago.
- Despite the slowdown in network growth, the current market price of XRP is showing an upward trend.
An analysis has emerged indicating that the growth of the XRP network is slowing down.
On the 21st (local time), cryptocurrency analyst Ali Martinez stated on X (formerly Twitter) that "the growth of the XRP network has been declining over the past month," noting that the number of newly created addresses recorded a 44% decrease to 2,900 compared to the previous month's 5,200.
As of 3:20 PM, XRP is trading at $2.14 on the Binance USDT market, up 2.61% from 24 hours ago.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit![[Market] Bitcoin breaks below $70,000… Korea premium at 0.31%](https://media.bloomingbit.io/PROD/news/74018332-717e-4495-9965-328fe6f56cb4.webp?w=250)
