🔻 $XRP Price Falls Amid Declining Network Activity
At the height of Q1, the XRP Ledger posted a healthy 612,000 daily active addresses, indicating strong user engagement and transaction activity. However, the chart below shows a sharp decline in April and early May.
With only around 40,000 active addresses per day, transactions on the XRP Ledger are becoming less frequent, which could indicate a decline in interest or a lack of confidence in the asset's short-term prospects.