XRP Ledger Sees Explosion in Address Activity Amid High-Risk Crypto Loans Hitting 2-Year High ⋆ ZyCrypto
Advertisement
 
 
As the need for energy-efficient, low-cost, and fast payments increases, XRP Ledger is witnessing growing demand.
Calling out this development leading on-chain metrics provider Santiment acknowledged, “XRP Ledger has spiked in active wallets significantly, reaching 35,799 unique wallets making at least one transfer in a single day, the highest in over 3 months. Additionally, 3,858 new wallets were created in a single day, the highest amount in over 7 months.”
Top analytics firm CryptoQuant echoed these sentiments and stated, “XRPL saw significant growth in AMM liquidity, with strong increases in AMMDeposit and AMMCreate. Despite a drop in AMMBid,…
