93.2% of XRPL Transactions in August Concentrated in 793 Accounts

By:Ā www.tokenpost.kr|2026/09/10 12:21:00

In August 2026, 93.2% of transactions on the XRP Ledger (XRPL) were concentrated in 793 accounts. Blockchain data analytics firm Bitquery analyzed 5.06 billion transactions processed on XRPL since 2013. Nearly half of the active accounts ceased activity after a single transaction. Among the top 793 accounts, 767 were classified as decentralized exchange (DEX) order bots, dust transfers, or non-fungible token (NFT) order bots, while the remaining 26 accounts were analyzed as exchange hot wallets. One account submitted approximately 13 million orders in August, but only 882 of those were actually executed. Bitquery noted that excluding mechanical activities, real human-scale payments accounted for only 0.8% of total ledger activity. There were also counterarguments that it is difficult to conclude user absence solely based on transaction concentration, with Ripple CTO David Schwartz stating that low transaction fees can lead to both useful and useless activities. In August, 20,276,655 payments occurred on XRPL across 202,643 accounts, while 2,970,922 transactions were processed across 12,153 accounts on the integrated exchange. The x402 payment type saw 2,645,514 occurrences across 142 accounts, but this is insufficient to judge the ongoing real-world usage expansion of XRPL.

-- Price

--
--
--

This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.

You may also like

XRP Healthcare Ceases Operations, XRPH and XRPHAI Tokens to be Delisted

🚨 XRP Healthcare has ceased operations and initiated the delisting process for XRPH and XRPHAI. šŸ” A loss of approximately $452,000 occurred due to the draining of 4,011 wallets after September 3rd. 🧩 Technical review shows the vulnerability lies in the application's seed phrase code, not the $XRP...

Schwartz Raises Possibility of XRP Surpassing BTC Market Cap

Canada's XRP ETF Options Provide Regulated Access to the U.S.

🚨 Access to Canada-listed XRP ETF options for the U.S. has become clearer. šŸ“Œ This structure offers eligible investors a regulated channel to options linked to $XRP. šŸ“Š In federal records, XRP was listed alongside BTC, ETH, and SOL under the same listing framework. šŸ•’ In the first quarter of 2026, ...

XRP Ledger Sets Goal for Quantum Resistance Transition by 2028

The XRP Ledger (XRPL) has set a goal to transition to a quantum-resistant cryptographic system by 2028, replacing transaction approval keys while maintaining existing account addresses.

BIS Reveals Proof of Concept for Official Statistics Based on XRP Ledger

The Bank for International Settlements (BIS) has released a proof of concept based on the XRP Ledger (XRPL) to verify the source and changes of official statistical data. In a controlled testing environment, the posting delay...

RLUSD, Domestic Trading Share 35.1 Times Higher

XRP accounted for 17.78% of domestic trading interest, the largest share among the surveyed cryptocurrencies. WLD topped the interest index, while RLUSD, ONDO, and VVV showed high domestic trading shares compared to global figures.
...
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com