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While these milestones showed advances on XRP Ledger, there were other major trends that show the ledger was not completely perfect. For instance, the number of new wallets on the protocol dropped by 11% to 185,809 as against the 208,522 recorded in Q4 last year. Besides this, the average cost per transaction in USD dropped by 45% to 0.000856. It is worth noting that this indicates the cost of running transactions on XRP Ledger is lower overall.The blockchain payments firm also shared insights into the lawsuit it is currently battling with the United States Securities and Exchange Commission .
The next step is to wait for the final verdict on remedies by the judge, a process that may take several months.Godfrey Benjamin is an experienced crypto journalist whose main goal is to educate everyone around him about the prospects of Web 3.0. His love for crypto was birthed when, as a former banker, he discovered the obvious advantages of decentralized money over traditional payments.
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