In its recent report, all XRPL metrics have gone up for two quarters in a row. This is the first time that this has happened since early 2023.
Active XRP Ledger (XRPL) addresses experienced a 142% quarter-over-quarter increase.
There has also been a 12% increase in total new addresses.
The XRP Ledger’s average daily transactions are also up by 13%.
Payment transactions have surged by an impressive 36% on a quarter-over-quarter basis.
Notably, receiver addresses surpassed active sender addresses for the fourth quarter in a row.
Messari has noted that the XRP Ledger is “primed” for further growth in the second quarter.
As reported by U.Today, the XRP Ledger Ethereum Virtual Machine (EVM) went live in late March. It is now on track to be launched on the mainnet in the second quarter of the year.