Ripple Labs Reports 108% Surge in XRPL Transactions for Q1 2024
The post Ripple Labs Reports 108% Surge in XRPL Transactions for Q1 2024 appeared first on Coinpedia Fintech News
In the latest report released by Ripple Labs Inc., total XRPL transactions increased by 108%, rising to 251 million from 121 million in Q4 2023. New applications and users drove this impressive growth. Additionally, its volume on the DEX increased by 5% from the previous quarter. Despite these developments, the number of new wallets on the protocol dropped by 11% compared to Q4 of the previous year.