Market Capitalization:2 204 420 355 897,3 USD
Vol. in 24 hours:58 598 277 580,41 USD
Dominance:BTC 58,38%
ETH:9,56%
Market Capitalization:2 204 420 355 897,3 USD
Vol. in 24 hours:58 598 277 580,41 USD
Dominance:BTC 58,38%
ETH:9,56%
Market Capitalization:2 204 420 355 897,3 USD
Vol. in 24 hours:58 598 277 580,41 USD
Dominance:BTC 58,38%
ETH:9,56%
Market Capitalization:2 204 420 355 897,3 USD
Vol. in 24 hours:58 598 277 580,41 USD
Dominance:BTC 58,38%
ETH:9,56%
Market Capitalization:2 204 420 355 897,3 USD
Vol. in 24 hours:58 598 277 580,41 USD
Dominance:BTC 58,38%
ETH:9,56%
Market Capitalization:2 204 420 355 897,3 USD
Vol. in 24 hours:58 598 277 580,41 USD
Dominance:BTC 58,38%
ETH:9,56%
Market Capitalization:2 204 420 355 897,3 USD
Vol. in 24 hours:58 598 277 580,41 USD
Dominance:BTC 58,38%
ETH:9,56%
Market Capitalization:2 204 420 355 897,3 USD
Vol. in 24 hours:58 598 277 580,41 USD
Dominance:BTC 58,38%
ETH:9,56%
Market Capitalization:2 204 420 355 897,3 USD
Vol. in 24 hours:58 598 277 580,41 USD
Dominance:BTC 58,38%
ETH:9,56%
Market Capitalization:2 204 420 355 897,3 USD
Vol. in 24 hours:58 598 277 580,41 USD
Dominance:BTC 58,38%
ETH:9,56%
Yes
>>XRP Fees Plummet by 91.5% Amid Warning Signs of Diminishing Network Demand

XRP Fees Plummet by 91.5% Amid Warning Signs of Diminishing Network Demand

crypthub
XRP Fees Plummet by 91.5% Amid Warning Signs of Diminishing Network Demand

XRP Network Activity Concerns

Glassnode data indicates a significant weakening of network usage for XRP. Specifically, the average 90-day network fee for XRP has dropped by 91.5%. This decline points to a notable decrease in genuine transaction demand, contradicting earlier strength seen in the price. The pronounced drop in activity suggests that underlying network utilization has significantly diminished following the recent speculative price increase, raising questions about the longevity of its current usage levels.