The XRP Ledger is generating a fraction of the on-chain activity seen on Solana, according to a comparison published by crypto content creator and market commentator Mason Versluis, who nonetheless says his confidence in the asset is intact.

In a video posted to social media on Nov. 4, Versluis presented 24-hour figures for both networks and argued the gap in fees, application revenue and user participation is wide enough to call the XRP Ledger effectively dormant relative to its rival.

According to the numbers he cited, the XRP Ledger collected roughly $1,300 in chain fees and about $2,000 in revenue from applications built on it. Fewer than 60,000 addresses were active, and decentralized exchange volume came in near $6…