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- XRPL accounts surpass 5 million.
- The total XRP holdings across all accounts amount to 57.7 billion XRP.
- The ongoing lawsuit between Ripple and the SEC is expected to reach a conclusion soon.
Thomas Silkjaer, the analytics and compliance lead at the XRP Ledger Foundation (XRPLF), recently announced on Twitter that the XRPL has reached a significant achievement. The number of activated accounts on the XRP Ledger has now hit five million. Silkjaer performed an analysis of the XRPL data and verified this milestone.
Ran some fresh stats on the XRPL, as we have crossed the 5M account mark.
Only 4.7M exists at this moment, but as the stats were made a few days ago, 5.002.458 had been active over time.— Thomas Silkjær (@Silkjaer) May 26, 2023
Recent XRPL analytics reveals interesting figures
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According to Thomas Silkjaer, based on the statistics recorded a few days prior, there were 5,002,458 active accounts on the XRP Ledger, while the total number of accounts currently stands at 4,706,050.
These statistics are monitored by XRP Ledger Services. The total XRP holdings across all accounts are approximately 57.7 billion XRP. It is important to note that only 1,035 accounts have a balance of zero XRP. Silkjaer explains that while the ledger indicates 4.7 million accounts, the true number of activated accounts on the XRP Ledger is five million.
The XRP Ledger has reached another significant milestone by closing 80 million ledgers over a period exceeding 10 years. Currently, the ledger count is at 80,037,448.
The XRP Ledger just closed 80 million ledgers (in about 10.5 years). Thank you to all network participants for your contributions. pic.twitter.com/bFgiaTHIXg
— XRPScan (@xrpscan) May 24, 2023
This achievement has fostered a sense of optimism within the XRP community. Ripple CEO Brad Garlinghouse has expressed a confident outlook regarding the resolution of the ongoing lawsuit, suggesting that it may conclude in “weeks” instead of “months.”
