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Analysis of Last 5,000 XRP Blocks Shows Payments Account for 53% of 1M+ Transactions

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Analysis of Last 5,000 XRP Blocks Shows Payments Account for 53% of 1M+ Transactions

Data covering the last 5,000 XRP Ledger blocks shows that the network processed over 1 million transactions, with payments largely driving the activity. Specifically, payment transactions alone accounted for 53.2% of the total, confirming that value transfer remains the primary use case on the XRPL.

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