CandleFocus XRP Ledger Records Massive Account and Trustline Growth Amid Surging Traction
2025-03-04
Author: Content Editor
The activity on the XRP Ledger, the native network of XRP, has seen a significant surge in recent months due to growing adoption and positive macroeconomic factors. Data shows a 24% growth in accounts on the blockchain and increasing trustlines. The number of accounts on the XRP Ledger has grown from around 5 million to nearly 6.2 million, indicating spreading adoption and utility. Factors contributing to this growth include the rising price of XRP, institutional traction, meme coin activity, regulatory clarity, the launch of Ripple USD stablecoin, and strategic partnerships with financial institutions.
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