Chainalysis Bolsters XRPL Security with Expanded Token Monitoring

Blockchain data platform Chainalysis has enhanced its support for the XRP Ledger (XRPL), aiming to bolster transparency and security within the ecosystem. The move follows a surge in activity on the network, which processed over 3.3 billion transactions across more than 90 million blocks. Chainalysis’ expansion to include new token types like fungible tokens (IOUs), non-fungible tokens (XLS-20), and multi-purpose tokens (MPT) now tracks over 260,000 XRPL tokens daily as the network grows.