XRP Ledger onchain transactions drop 65.6% in Q2 2024
The decline in activity and the rise in transaction costs on the XRP Ledger are a significant shift from the previous quarter.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The decline in activity and the rise in transaction costs on the XRP Ledger are a significant shift from the previous quarter.
Why this matters
This altcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
XRP Ledger hits 14M AI agent transactions, but benefits unclear
The surge in AI agent transactions on the XRP Ledger highlights potential for scalable microtransactions, but economic impact rema...
XRP Ledger Reviews Two Token-Authorization Fixes Ahead of Any Validator Vote
TL;DR: Two open XRP Ledger proposals address authorization checks for liquidity-pool tokens and existing trust-line balances. The...
Shopify’s Base USDC Checkout Puts Stablecoins Into Mainstream E-Commerce
TL;DR: The case study referenced more than $42 million of net settled payments and over 448,000 payments on the underlying Commerc...
Ethena Pay Adds Earn+ Through Aave V4 Lending on Avalanche
TL;DR: Ethena Pay’s Earn+ routes deposits into an Upshift vault curated by Steakhouse and using Aave V4 on Avalanche. The layered...
Polymarket Sets $3.9M Refund Plan After Third-Party Script Compromise
TL;DR: Polymarket says its October 29 incident involved a compromised monitoring script. Its October 30 update put total refunds a...
Binance Hacker Moves $96M in Stolen Solana to Bitcoin as Laundering Efforts Continue
On November 1, the wallet associated with the incident transferred approximately 486,970 SOL, valued at $46.4 million, toward Bitc...