XRP Ledger sees fewer traders but surging volume and $4B in value

The XRP Ledger (XRPL) is experiencing a notable shift in its trading dynamics compared to a year ago. The number of daily order-book traders has declined by approximately 40%, indicating fewer active accounts on the network. Despite this drop in user activity, trading volume has surged by 79%, suggesting that remaining participants are executing significantly larger transactions. The total value held on the XRPL has also climbed above $4 billion, reflecting growing capital concentration on the ledger.
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