Expansive wave of the price of XRP activates thousands of accounts in its native network
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From June 22, daily transactions grew from 1.3 to a maximum of 2 million.
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XRP quotes at $ 3.25, a 7% rise on the last day.
While the XRP price continues to rise, its growth leads an impulse in the ON-Chain activity of the XRP Ledger (XRPL).
On June 22, XRP quoted around 2 dollars and began to climb until exceeding 3 dollars on July 16 for the first time from the end of last January. At the time of this article, this cryptocurrency lies at $ 3.25, a rise in 7% on the last day.
This increase coincided with an increase in the activity recorded in its network, XRPL. For example, since June 22, the active accounts in the XRPL They went from 20,000 to almost 32,000an increase of 60%, according to Cryptoquant data.
An active account is defined as an address in a network that makes at least one transaction in a given period, reflecting user interest in operating with XRP. This XRPL metric had its ATH last December, When it reached almost 110,000 active addressesthree times more than the current level.
On the other hand, data from the XRPSCan explorer point out that on June 22 the Ripple network registered 2,700 new addresses, a statistic that on July 14 exceeded 8,000, adding new users to this ecosystem while the price of XRP grew. Thus, the total addresses created in the XRPL reached 7.2 million, pointing out a sustained expansion of the user base.
As for daily transactions, growth was more gradual. On July 8, the XRPL processed 1.3 million operations, a figure that It amounted to 1.8 million on July 16after a peak of 2 million on July 15.
This volume indicates a growing use of a network designed especially for international transfers, cross -border payments or remittances.
