Posted 1/28/2024, 5:20:01 PM
XRP Ledger Sees Record Growth in Adoption Metrics While XRP Price Lags Behind
- The number of addresses on the XRP Ledger with a balance has reached an all-time high of over 5 million
- Adoption of the XRP Ledger has nearly doubled in the last 3 years, with a 170% increase in addresses since early 2020
- Transactions on the network also recently hit an all-time high of almost 6 million
- Despite the growth in adoption metrics, the price of XRP remains muted and consolidated
- Some analysts believe the divergence between network activity and price could result in a significant breakout