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- 🎉 Hey Gate Square friends! Non-stop perks and endless excitement—our hottest posting reward events are ongoing now! The more you post, the more you win. Don’t miss your exclusive goodies! 🚀
1️⃣ #ETH Hits 4800# | Market Analysis & Prediction: Boldly share your ETH predictions to showcase your insights! 10 lucky users will split a 0.1 ETH prize!
Details 👉 https://www.gate.com/post/status/12322612
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Post original content (at least 100 words) on Gate Square related to
XRP Ledger reached a record 7.24 million wallets as the DeFi boom unfolds.
According to CryptoQuant data, the number of XRP Ledger wallets has reached a record 7.24 million, indicating that the level of adoption and on-chain activity is rising to the sky. The deployment of AMM at the protocol level and EVM-compatible sidechains has sparked a wave of DeFi on XRPL, supporting swaps, staking, and providing liquidity, attracting a large number of new users.
This boom has helped XRP Ledger transform into a utility ecosystem and DeFi hub, going beyond its role as a payment network. The transaction volume has skyrocketed and high demand has driven the price of XRP to a new peak of 3.65 dollars, surpassing the previous record of 3.40 dollars, with a market capitalization exceeding 200 billion dollars.
Meanwhile, SWIFT is gradually losing market share as transaction volumes decrease by 15%, indicating the increasing position of XRP in the global payment sector.