![XRP Ledger Experiences Soaring Volumes and Transaction Growth in Q1 2024](/content/images/size/w600/2024/05/883725b2-2a8d-4fbb-8f3e-49b0b267febf.png)
Technology
XRP Ledger Experiences Soaring Volumes and Transaction Growth in Q1 2024
The XRP Ledger (XRPL) has shown a robust increase in activity in Q1 2024, with spot volumes jumping by 40% to $845 million compared to the previous quarter. Concurrently, the daily average XRP derivatives open interest also grew, reaching $500 million from $460 million. This growth in trading activity comes