🪙 The volume of transactions in the $XRP Ledger (XRPL) registry decreased by 65.6% in the second quarter of 2024, according to a report by Ripple.
➡️ The main reason for the decline in transactions was the rise in fees on the XRP Ledger by 168% to 0.00394 XRP. The company attributed such a sharp increase to the heavy load on the protocol and the protection of the network against spam.
