XRP Is By Far the Most Used Asset on the XRPL. Here’s the Proof

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XRP continues to dominate the XRP Ledger in terms of transaction volume. According to a detailed analysis covering October 1, 2019, to April 30, 2020, XRP accounted for 125 billion units over seven months, averaging 586 million XRP per day. This makes it the most used currency on the ledger by a significant margin. Crypto researcher SMQKE (@SMQKEDQG) shared this data in response to claims that institutions could use the XRP Ledger without XRP, relying instead on stablecoins or other assets. The data clearly supports XRP’s central role . The ledger records show that payment activity overwhelmingly favors XRP, not alternative tokens. Yes, XRP is “by far the most used currency on the ledger in terms of payment volume.” Of course it’s documented. https://t.co/bcUil7E3zn pic.twitter.com/wNVD44judU — SMQKE (@SMQKEDQG) February 20, 2026 Concentration Among Top Accounts The data shows that the distribution of XRP transactions was also concentrated. The top 10 senders processed 53% of the total volume, while the top 10 receivers captured 50%. Ripple accounted for 7% of activity, or 9 billion XRP, mainly from monthly 1 billion XRP escrow releases . Most escrowed funds were unused, but still added to Ripple’s transaction share. Exchanges played a major role in XRP flows. Binance led activity by sending 15.2 billion XRP and receiving 14.5 billion during the observation period. Other major exchanges, including Bithumb, Coinbase, Bittrex, and Bitso, also appear as key participants in XRP transfers. XRP Compared to Other Tokens XRP dominates the ledger compared with fiat tokens. USD, EUR, and CNY appear with much smaller volumes: 328M USD, 8M EUR, and 19M CNY. On-ledger exchange rates averaged 5.4 XRP/USD, 5.5 XRP/EUR, and 0.7 XRP/CNY, matching off-ledger values, but transaction volumes remain minimal compared to XRP’s activity. The ledger’s data indicates that XRP remains the primary medium of exchange, with other currencies used mostly as secondary or niche instruments. This activity shows the token’s liquidity, accessibility, and utility within the ecosystem. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Institutional Use and Network Function SMQKE’s point reinforces that XRP is not optional for the ledger’s core payments activity. While some suggest institutions could rely on other assets , the actual flows demonstrate heavy XRP usage. Payments, settlement, and account liquidity all rely predominantly on XRP. The ledger’s transparency enables clear tracking, which reveals that XRP facilitates the majority of value transfer. Ripple has revealed that XRP is at the core of its plans , and this data backs that stance. XRP’s activity on the ledger demonstrates both scale and concentration. High-volume accounts, major exchanges, and regular escrow-related flows all contribute to its dominance. The ledger shows a structured and consistent pattern of XRP usage that other tokens do not match. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post XRP Is By Far the Most Used Asset on the XRPL. Here’s the Proof appeared first on Times Tabloid .

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Bitcoin Price Bottom Could Be Around $40,000, On-Chain Data Shows

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The biggest question so far in the bear phase has been when and where the Bitcoin price will bounce back . According to the latest on-chain data, there might be a fresh answer as to where the price bottom will be in the current bear market. Here’s Why $40,000 Could Be Pivotal To The Bear Market In a recent post on the X platform, crypto analyst Ali Martinez identified the $40,000 level as a potential bottom for the Bitcoin price in the current market phase. This projection is based on the cost basis of an old investor cohort known as the long-term holders (LTH) For context, the cost basis of long-term holders refers to the average price at which Bitcoin investors (who have held their coins for 155 days or more) acquired their coins. This price level is often relevant because long-term investors are often referred to as diamond hands, who are less likely to sell during periods of downside volatility. Moreover, the LTH cost basis tends to act as the ultimate support level during bear markets, as most long-term investors are usually still in profit even in the thick of the bear market. Hence, when the Bitcoin price falls to this support, the long-term holders double down on their positions. This renewed buying activity by the long-term holders would prop up the price of the premier cryptocurrency above their cost basis, as observed in the chart above. According to the highlighted data, the LTH cost basis is currently around $40,363, about 40% from the current price point. If the Bitcoin price were to face further downside pressure and approach this cost basis, there is a likelihood it would receive support from the long-term investors’ increased reaccumulation. Hence, this cost basis could become the bottom for the current bear market. On the flip side, the Bitcoin market could face an even deeper correction if the selling pressure overwhelms the long-term holders’ reaccumulation spree. Bitcoin Price Overview As of this writing, the price of BTC stands at around $68,330, reflecting a nearly 1% increase in the past 24 hours. However, this mild single-day action does little to correct the over 2% price decline witnessed by the premier cryptocurrency over the past week. According to data from CoinGecko, the Bitcoin price is currently down from its all-time high by more than 45%.

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Kraken‑Backed Tokenized Stocks Surpasses $25 Billion in Volume

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The xStocks framework has exceeded $25 billion in total transaction volume, establishing a new liquidity benchmark for tokenized traditional assets on blockchain infrastructure. The Kraken-backed xStocks ecosystem reached a milestone $25 billion in total transaction volume on February 19, 2026, marking a shift in the adoption of tokenized U.S. equities. The platform currently supports over

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Statistical Model Points to Strong Probability of Bitcoin Price Gains in Ten Months

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Analyst Timothy Peterson’s model links Bitcoin’s positive months to high odds of future gains. Historical cycles suggest an 88% probability of higher prices ten months after positive trends. Continue Reading: Statistical Model Points to Strong Probability of Bitcoin Price Gains in Ten Months The post Statistical Model Points to Strong Probability of Bitcoin Price Gains in Ten Months appeared first on COINTURK NEWS .

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