Solana Foundation Manager Highlights XRP’s Slower Growth
- XRP Ledger (XRPL) has maintained approximately 25,000 daily active accounts for the past three years.
- In contrast, Solana averages over 2.5 million daily active users, creating a disparity of over 100 times.
- XRP processes around 1.5 million transactions per day, while Solana handles about 100 million transactions daily.
- XRP’s monthly transfer volume is between $50 billion and $60 billion, compared to Solana’s nearly $2 trillion in stablecoin transactions in October.
- The XRPL recently introduced the Multi-Purpose Token (MPT) standard to enhance tokenization of real-world assets.
Vibhu from the Solana Foundation criticized XRPL’s growth as “extremely mediocre,” highlighting significant differences in user engagement and transaction volume between the two networks.
With Solana leading in daily activity by a factor of over 100x, this disparity raises questions about XRP’s long-term viability and community support amidst ongoing debates on blockchain performance.(Source)
