Activity on the XRP Ledger has surged by 24% since January 2024, with the number of accounts growing from approximately 5 million to nearly 6.2 million.
Trustlines on XRPL have also increased significantly, reflecting broader adoption and enhanced network utility.
Catalysts for this surge include a reduced account reserve, bullish macroeconomic factors, rising meme coin activity, and growing institutional traction amid improved regulatory clarity.
The XRP Ledger is witnessing robust growth driven by multiple factors, including a 24% increase in accounts and a significant rise in trustlines.