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XRP Sees 819 Transactions Worth $280,000 Daily Amid Ghost Chain Claims

XRP continues to see substantial transaction activity, with 819 daily transactions valued at a minimum of $280,000, despite ongoing 'ghost chain' allegations.

XRP

Summary

XRP blockchain recorded 819 daily transactions each valued at no less than $280,000, according to recent data, contradicting claims that it operates as a 'ghost chain'. These figures highlight ongoing usage despite criticisms.

Terms & Concepts
  • XRP: A digital asset and cryptocurrency associated with the Ripple network, designed for fast, low-cost international payments.
  • Ghost Chain: A term used to describe a blockchain that shows little to no activity or value in its network, often used critically to indicate a lack of real-world use or transactions.