XRP Ledger Breaks Records Despite Price Decline

XRP Ledger has reported significant growth in February, with multiple breakthrough metrics recorded on its underlying blockchain.

The number of successful payments on XRP Ledger increased from 1 million at the end of December to over 2.7 million in February, marking the highest level in 12 months.

Additionally, the Automated Market Maker (AMM) on the XRPL DEX showed signs of a breakout, with more than 14,000 deposits.

Despite these positive signs, XRP's price continued into its fifth consecutive month of decline, and the final week of February closed in the red. At the time of writing, XRP is trading at $1.33, down 45% from its early-year high.