From January 11 to today, the XRPL network added almost 7 thousand new active accounts.
The average number of transactions included in each block increased from approximately 100 to 123.
The cryptocurrency issued by the Ripple company, XRP, has made another bullish rally in its market valuation. In accordance with this increase, the activity on-chain of the XRP Ledger network (XRPL) also showed signs of growth in recent hours.
As CriptoNoticias reported, on January 15, XRP reached $3 and at the same time marked a new all-time high in its market capitalizationafter surpassing the barrier of 160,000 million dollars.
The XRP network added new active accounts
From January 11 to the time of this publication, XRPL added around 7,000 new active accountsaccumulating a total of almost 40,000, according to data from XRP Scan. An active account is an address or a wallet on a cryptocurrency network that at least sent one transaction or executed some action on the network.
Transactions recorded in XRPL blocks increased
Additionally, another metric that reflects greater activity on-chain is he “average number of transactions per ledger” (in Spanish, number of transactions per accounting book).
By January 11, 2025, each XRPL block contained an average of around 100 transactions, while on the 15th of that same month, that number grew to almost 123 transactionsaccording to XRP Scan data.
The rise of this metric means that there is currently greater adoption of the network by users, companies or applications that use XRPL for their operations.
On the other hand, regarding the number of transactions accumulated in XRPL, this number fell from 2.3 million to 1.9 million in the last 24 hours, according to XRP Scan.
This statistic refers to the total transactions that have been processed and confirmed in XRPL. This metric includes all valid transactions, regardless of their type (cryptocurrency transfers, smart contract interactions, transactions on exchanges decentralized, among others).
While a decrease in this metric would indicate less use of the network for transactions, it could also indicate a change in user behavior. For example, network participants could be running larger operations instead of many small ones. If this were the case, the total number of transactions would be reduced, although these could be of greater volume.
XRPL is handling the additional load of each block well
While CriptoNoticias reviewed the block explorer From this chain, XRPL managed to process a block every 1 to 10 seconds, containing between 100 and up to 220 transactions in each.
The increase in transactions without increasing network processing times is an indication of good health for any cryptocurrency network. If that metric rises without the network becoming overloaded or transaction confirmation times lengthening significantly, it suggests that XRPL is handling the additional load welldemonstrating scalability and efficiency.
However, it would be prudent to evaluate how XRPL responds to a larger increase in transactions per block, given that an average of 20 transactions over a few days may not be a significant change.
In summary, an increase in the average transactions per block on XRPL, along with 7,000 new accounts (which might not represent a significant sum), suggests that users who were already part of this ecosystem They are increasing their activity on the network, and there is an arrival of new users.
In addition, while these signs of activity on the XRP Ledger have accompanied the recent growth in the price of XRP, the adoption of XRPL EVM Sidechain, a sidechain compatible with the Ethereum Virtual Machine (EVM).
In addition to this, it will be crucial to evaluate how the trend evolves in the coming days, taking into account that the imminent arrival of Donald Trump to power in the United States could act as a catalyst for the entire cryptocurrency ecosystem.
