There has been a significant change in user behavior on the XRP Ledger (XRPL). At the beginning of the year, approximately 88% of transactions were Payment Transactions, while only 12% were OfferCreate Transactions. Currently, these figures have balanced out to 50% for each type.
This shift indicates a transformation in how users interact with the XRP Ledger. The increase in OfferCreate transactions suggests a rise in trading activity, reflecting a growing interest in utilizing the platform's capability to issue new assets and adopt decentralized exchange (DEX) features.
In my opinion, this trend demonstrates that more users are adopting the XRP Ledger for complex strategies beyond mere payments.
*The actual numbers are slightly different, but I choose to only take the two biggest one for this anaylysis.
Written by maartunn
