State of XRP Ledger Q1

Key Update: Ripple acquires global prime broker Hidden Road, positioning XRP Ledger for institutional adoption and expanded DeFi capabilities.

QoQ Metrics 📊

• Daily active addresses ⬆️ 142%

• Average daily CLOB volume ⬆️ 74%

• RLUSD market cap on XRPL ⬆️ 304%

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