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According to the latest statistics, the XRP Ledger (XRPL) has achieved remarkable rise in the past month. The data shows that the XRPL has added an astonishing volume of 70 million transactions within 30 days, with an average daily transaction volume of up to 1.8 million. This figure fully reflects the activity and user participation of the platform.
At the same time, the user base of XRPL is rapidly expanding. The total number of accounts has surpassed 7 million, with over 1 million new users added in 2023 alone, averaging more than 2,000 new accounts registered each day. This rapid growth trend indicates that XRPL is attracting the attention of more and more users and investors.
The decentralized exchange (DEX) and automated market maker (AMM) aspects of XRPL are also showing strong growth momentum. The trading volume of the DEX increased by 21%, while the trading volume on the AMM level rose by 17%. These figures reflect the diversified development of the XRPL ecosystem and the users' demand for different trading methods.
It is worth noting that XRPL is becoming an important platform for global stablecoin settlements. For example, Braza Bank issued over $4.2 million in BBRL stablecoins in July, making it the second largest stablecoin issuer on the platform. Additionally, the daily transaction volume of RLUSD has surged from 5,000 transactions to over 12,000 transactions, indicating that user demand for stablecoin transactions is rising rapidly.
These data collectively depict a thriving picture of the XRP Ledger, excelling not only in volume and user growth but also occupying an important position in emerging areas such as stablecoin settlements. With the continuous advancement of blockchain technology, the XRPL seems to be steadily moving towards becoming a mainstream financial infrastructure.