XRP Ledger Activity Plummets: A Look at Declining Transactions & Institutional Outlook

The XRP Ledger is experiencing a significant slowdown in activity. Transaction volume has fallen to its lowest point since October, with daily payments dropping below 320,747 according to XRPScan data. This marks a sharp decline from the over 1 million transactions observed earlier this year. Additionally, the number of active wallet addresses has decreased, and network usage fees have also fallen. Despite this downturn, industry analysts remain optimistic about long-term growth driven by strategic partnerships with institutions.