XRP Ledger Achieves Significant Milestone with 88 Million Ledgers - Growth and Key AMM Launch
Thursday, 23 May 2024, 12:27
XRP Ledger Achieves 88 Million Ledgers Milestone
The XRP Ledger (XRPL) reaches a milestone of 88 million ledgers, reflecting strong growth and success in the cryptocurrency market.
Key Highlights:
- Transaction Surge: Ripple's Q1 2024 report shows a 108% increase in on-chain transactions.
- Cost Reduction: The average transaction cost dropped by 45% to $0.000856.
- Legal Battle: The ongoing legal dispute with the SEC remains a critical challenge for Ripple and XRP holders.
Despite these achievements, XRP's price dynamics remain modest compared to other altcoins achieving new all-time highs in 2024.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.