XRP Ledger Achieves Significant Milestone with 88 Million Ledgers - Growth and Key AMM Launch

Thursday, 23 May 2024, 12:27

The XRP Ledger surpasses 88 million ledgers, highlighting continuous growth and success in the cryptocurrency market. Despite achieving significant milestones and cost reductions, the legal battle with the SEC continues to pose challenges for Ripple.
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XRP Ledger Achieves Significant Milestone with 88 Million Ledgers - Growth and Key AMM Launch

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.


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