Active XRP Ledger addresses down 80% since December
The number of unique active addresses on the XRP Ledger (XRPL) has plummeted by 80% since December, according to data from CryptoQuant. Specifically, the number of addresses transacting on-chain has dropped from 103,000 on December 3 to fewer than 21,000 on Sunday. Unique active addresses are a way to track user engagement with the Ripple-supported XRP blockchain. Major changes to blockchain usage can indicate changes in market sentiment, and active addresses — wallets that actually send or receive transactions on-chain — are a key metric for measuring blockchain network health and adoption . The number of addresses transacting on-chain has dropped from 103,000 to fewer than 21,000. Read more: Ripple played Trump to pump XRP — now he’s cutting ties Unlike total addresses, which sums all wallets ever created, active addresses actually sent or received a transaction on the XRP Ledger within a rolling 24-hour period. Got a tip? Send us an email secu...