Sub-Saharan Africa’s On-Chain Value Rose 52% Year Over Year, Ripple Says
According to Ripple, citing Chainalysis (blockchain data analytics firm), growth was driven by regulatory advances across South Africa, Nigeria, Kenya and Mauritius.
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Terms & Concepts
On-chain value: The value of transactions or activity recorded directly on a blockchain network.
Chainalysis: A blockchain data analytics firm that tracks crypto transaction activity and market trends.
Regulatory advances: Policy or legal developments that provide clearer rules for cryptocurrency use and oversight.