🚀 XRPL transactions have doubled in Q1 2024, while transaction costs have halved, according to Ripple's latest report. That's a 108% surge, folks! We're talking 251.39 million transactions compared to 121.03 million in Q4 2023. 📈

And the cost? Down by 45%! That's like getting a double cheeseburger for the price of a single. 🍔💰

Binance, Bybit, and Upbit are still the big kids on the block, accounting for over 70% of total traded volume. And most XRP trading now happens against Tether.

Meanwhile, Ripple's legal tussle with the SEC continues. Ripple's response to the SEC's $2 billion demand? "Prove someone was harmed." Now we wait for the judge's verdict.

What's your take on this? Drop your thoughts in the comments! #DeFi #Web3 #XRPL