A report by Messari has highlighted the growth and milestones achieved by Ripple and the XRP ledger in Q1 2022. Despite the ongoing legal battle with the SEC, Ripple Labs' main products continue to grow. The number of daily active addresses on the XRP ledger increased by 13.9% compared to the previous quarter, and the number of daily transactions grew by 10.7%. The report also notes the launch of new features, such as the XLS-20 standard for NFTs, which could further drive adoption. Additionally, the Ripple community is developing sidechains and bridges to expand multichain functionality.
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