CandleFocus XRP Ledger Has One Main Obstacle for New User Onboarding: Opinion
2024-10-11
Author: Content Editor
The CEO and founder of XPMarket, a platform focused on XRPL NFTs and GameFi, has expressed the opinion that the minimum reserve of 10 XRP required for on-chain accounts on the XRP Ledger is too high. He believes that this threshold acts as a barrier for new users to join the XRPL ecosystem and its noncustodial applications. Some members of the XRP community disagreed with this statement, arguing that the reserve protects the XRPL resources from spammers. The XRP price has seen a slight increase in the past 24 hours, and the minimal reserve for XRP Ledger account activation is currently valued at $5.37.
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