Ripple XRPL New Wallet Registration Surged by over 400% | Airdrop Alert Pro

Ripple’s fourth quarter 2024 XRP market report emphasizes the strong rejuvenation of chain activities, transaction volume and institutional demand.

The last financial quarter marks the key change of XRP, because the use of and market confidence has pushed its performance to a new high.

With the expansion of the chain, XRPL reaches $ 1 billion on the DEX

XRP LEDGER (XRPL) transaction count According to the latest market of Ripple, in the fourth quarter of 2024, it fell 2.86 % in the fourth quarter of 2024 to 167 million in the fourth quarter. ReportEssence

The number of automatic falling functions launched in March increased significantly, jumping from US $ 31.23 million in the third quarter to US $ 7741.5 million in the fourth quarter. Transactions on XRPL Dex have greatly increased, and the transaction increased from $ 63.4 million to $ 1 billion.

Overall, AMM’s swap accounts for 77 % of the total transaction transaction, highlighting their continuous growth of their impact on the network.

The network adopts also grows to record the high point of XRPL. The new wallet is registered from 140,000 liters in the third quarter to 709,000 in the fourth quarter, which reflects the sharp rise in users’ participation.

Since the victory of the Trump election The average closing price of XRP jumped up From $ 0.55 to $ 1.43, to the end of December 2024, it reached a peak of $ 2.80. The rally led to higher trading costs and token burns. XRP burning increased from 592,000 in the fourth quarter to 724,000.

As BeincryPto reported previously, the activities of the MEME coin also surged on the Internet. army, XRP ingredient coin The market value of 100 million US dollars was obtained within a few days in January.

and, The release of new token on XRPL has also acceleratedEssence The trust line increased from 7.3 million to 7.9 million, establishing 600,000 new connections. Among them, 37,000 trust line links arrive RIPPLE’s Rlusd StableCoinMarked strong early adoption.

Ripple has attributed this growth to the increase in XRP prices and the traction of the FIRST LEDGER of the Meme Coin launcher. According to the company’s data, 280 % of XRP’s 280 % in the fourth quarter marked the major recovery of assets SEC’s long -term legal struggleEssence

“Ripple and a broader XRP ecosystem were strangled by SEC actions. The action manipulated the market artificially, suppressed traders’ confidence and prevented growth. Seven years ago, ETH was passed on SEC and attacked XRP and Ripple. Previously, XRP was the second largest digital asset.

XRP transaction volume beating after the US election

Ripple pointed out that after the US presidential election in November, the momentum of XRP accelerated Dear Cleopo candidate Donald Trump Winning.

This transformation triggered a surge in transaction volume. The average daily volume has soared from 500 million US dollars in October to 5 billion US dollars in mid -November and December. On December 2nd, trading activities reached nearly $ 25 billion on the main platform.

Binance leads the XRP transaction, accounting for 36 % of the total spot volume, followed by UPBIT South Korea, 20 %, and together with 9 %. It is worth noting that after the market share of Coinbase doubles the election, it indicates that the rise American investors’ interest in digital assetsEssence

“After the US election, American exchanges such as Coinbase and Kraken have obtained more shares from Bybit or Crypto.com. Nevertheless, Binance, Bybit and UPBIT account for more than 60 % of the total transaction.” Ripple explained.

At the same time, the surge in transaction volume is mainly driven by long -term buyers rather than short -term speculators.

This trend reflects the increasing confidence in the future of XRP. Investors position themselves as continuous growth without improving supervision’s clarity and increasing institutional interests.