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XRP Daily Ledger Activity Reaches 6-Month High

XRP Daily Ledger Activity Reaches 6-Month High

HappyCoinNews2024/10/29 15:33
By: HappyCoinNews
XRP-2.39%

Registry activity XRP registers a significant uptick. New data from CryptoQuant suggests that the number of active sender addresses has reached a six-month peak.

As a result, 12 active addresses were noted in daily activity, indicating renewed interest in the crypto market XRP .

This surge of activity XRP occurred against the backdrop of the token price falling below $0,50, which some community members linked to a Wall Street Journal report that the company Tether (USDT) Under Investigation on suspicion of money laundering.

After the CEO Tether Paolo Ardoino denied the information, XRP , which tested the $0,49 level, rose above $0,5150.

If we talk about the number of wallets, then from September 15 to October 15 the number of new wallets in the registry XRP increased by 10,39%, reaching 18 accounts.

At the same time, the total number of transactions decreased by 17,57%, and the number of payment transactions decreased by 26,16% to 6,81 million. This indicates that wallets are being created at a faster rate than the number of transactions being made.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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