#PCEInflationWatch

XRP Ledger Activity Soars as DEX Volume Tops $1 Billion in Q4 2024

Ripple’s Q4 2024 XRP Markets Report Highlights Strong Rebound in On-Chain Activity, Trading Volume, and Institutional Demand.

The last fiscal quarter saw a pivotal turnaround for XRP, as increased adoption and market confidence propelled its performance to new heights.

XRPL Hits $1 Billion on DEXs as On-Chain Activity Expands

The number of transactions on the XRP ledger (XRPL) saw a slight decline of 2.86% to 167 million in Q4 2024. However, overall engagement on the network increased, according to the latest report from Ripple.