$XRP Ledger Activity Hits 8-Month Low — A Wake-Up Call?
Transaction volume on the $XRPL just dropped to its lowest level since October 2023.
According to XRPScan, only 320,000 settlement transactions were processed — a dramatic fall from the 1 million+ levels seen in March and April.
Even more concerning? Active wallet addresses have dipped below 10,000, also a multi-month low.
While this doesn't necessarily signal long-term decline, it does raise questions about $XRP network engagement — especially amid growing competition in cross-border payments.
