According to Odaily Planet Daily, Messari released the performance of XRP Ledge in the first quarter of 2024, which mainly includes the following five aspects: 1. Affected by the popularity of inscriptions, the payment volume increased by 350% month-on-month to 2 million transactions per day. The activity started at the end of the fourth quarter and cooled down at the end of the first quarter; 2. AMM went online at the end of this quarter, and the DEX transaction volume on CLOB increased by 41% month-on-month; 3. Announced the launch of a stablecoin pegged to the US dollar, which will be launched on XRPL and Ethereum, using XRPL native functions and ERC-20 token standards respectively. New features such as call-back functions help asset issuers remain compliant; 4. Axelar bridge integration and new stablecoins can serve as liquidity catalysts for tokenized assets to be launched by new AMMs and RWA projects such as Zioniqx; 5. Rippled 2.0 was released in January. It proposed amendments to the cross-chain bridge (XLS-38), DID (XLS-40) and two other amendments for community voting.
