XRP Transactions Top 5 Million, Reaching a Two-Year High

The surge was driven mainly by XRP/RLUSD trading on the DEX (decentralized exchange), while the network kept low fees, settlement stability and throughput above 140 TPS (transactions per second).

Summary

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Terms & Concepts
  • DEX: A decentralized exchange that lets users trade assets directly on-chain without a centralized intermediary.
  • TPS: Transactions per second, a standard measure of blockchain network throughput and processing capacity.
  • RLUSD: A dollar-pegged stablecoin used in the XRP ecosystem for trading and settlement.