- The first quarter of 2023 has seen an active and eventful period for the XRP Ledger.
- XRP’s financial performance has outshone the overall crypto market cap increase.
- The XRPL ecosystem has evolved with the introduction of NFT transactions and successful sidechain deployments.
In the realm of the XRP Ledger (XRPL), the initial quarter of 2023 has exhibited substantial activity, as per a recent report by Messari. From a surge in daily active addresses and transactions to an impressive price rise, significant developments and prospects beckon within the XRPL ecosystem.
Deflationary Pressure Contributes to XRP Price Increase
Crucial indicators have illuminated a surge in activity within the XRPL. With data revealing a remarkable 13.9% surge in daily active addresses, coupled with a solid 10.7% rise in daily transactions.
However, the true standout achievement lies in the extraordinary ascent of XRP’s…
