XRP Ledger Activity Suggests Possible Shift From Retail to Institutional Use Amid Price Surge
Main Idea
The XRP Ledger is experiencing a shift from retail to institutional use, marked by declining retail activity and increasing institutional transactions, particularly in payments and settlements.
Key Points
1. Daily active accounts on the XRP Ledger dropped by approximately 50% from January to June 2024, indicating a decline in retail activity.
2. Nearly 99.7% of on-ledger volumes are payments-related, with decentralized exchange trades and swaps accounting for less than 1%, highlighting a shift toward institutional settlement use.
3. Ripple CEO Brad Garlinghouse warned about a surge in YouTube scams targeting retail investors, further impacting retail participation.
4. The XRP Ledger's transformation suggests it is evolving into a wholesale settlement rail favored by institutions, contrasting with its previous retail-driven dynamics.
5. Despite XRP's price surge, the underlying network dynamics reflect a significant shift in user demographics and use cases, with institutional adoption growing as retail activity declines.
Description
Are You Chasing New Coins? Catch the newest crypto opportunities. Be the first to buy, be the first to win! Click here to discover new altcoins! XRP has reached
Latest News
- RealT Faces Lawsuits Over Alleged Tokenized Detroit Homes Fraud, Raising Questions About RWA Market Viability2025-07-25 23:50:47
- XRP Shows Potential Recovery Amid Rising Wallet Activity and Market Volatility2025-07-25 22:42:59
- BlackRock’s Ethereum ETF Sees Higher Inflows Than Bitcoin ETF Amid Growing Institutional Interest2025-07-25 22:26:16
- El Salvador’s Bitcoin Strategy Faces Challenges Amid IMF Agreement and Limited Public Adoption2025-07-25 22:25:35
- Ether Shows Potential for $9,000 Target Amid Tight Supply and Rising Demand, Analysts Suggest2025-07-25 22:13:31