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XRP Ledger's Network Activity Metrics Show Significant Growth in Q1 2023: Messari Report

According to a report by cryptocurrency analytics firm Messari, the XRP Ledger (XRPL) saw significant growth in both the number of unique daily active addresses and daily transactions in Q1 2023 compared to the previous quarter. The number of daily active addresses on XRPL increased by 13.9%, while the average daily transaction count rose by 10.7%. However, the number of new addresses slumped in Q1 2023 compared to the previous quarter. XRP's price surged by 56% QoQ, and it currently has a valuation of $24.15 billion, ranking as the sixth-largest cryptocurrency by market cap.

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