gm Web3 explorers,

In the past 30 days, XRP has increased 368% in value thanks to new developments. However, XRP Ledger also offers a thriving ecosystem filled with dapps. Time to find out!

Let's go! 📡🔵

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🚀 XRP Ledger saw a 453% increase in volume

$461 million flowing into dapps in the past 30 days

The recent excitement surrounding Ripple and the XRP token, has also done well for the dapp ecosystem on XRP Ledger. Volume flowing into the ecosystem has increased 453% in the past 30 days, reaching a total of more than $461 million. Especially the past week stands out. Within this ecosystem various dapps have seen tremendous growth, and their tokens could become interesting targets.

Explore XRP

💰 First Ledger leads DeFi on XRP Ledger

Volume increased 1,000% in the past week

Trading platform First Ledger is the biggest proof of the recent success of XRP. The project tripled its number of active wallets to 32,000, and saw a tenfold increase of volume, exceeding $232 million in the past 7 days alone.

Explore First Ledger

💎 Blue-Chip NFTs Spark a Resurgence in the NFT Industry

NFT trading volume experienced a resurgence, reaching $698 million—a 22% month-over-month increase

Daily unique active wallets (dUAW) hit an all-time high of 24.6 million in November, reflecting a 9% month-over-month increase. DeFi continues to drive activity, accounting for 33.4% of overall dapp engagement—the highest share since early 2019. Both the NFT sector and the DeFi sector have seen a strong performance in November.

Read the full report

🧲 DeFi platform Magnetic doubled user base

459% increase in volume on the #2 DEX on XRP Ledger

In the past 7 days Magnetic has seen a 459% increase in volume, bringing its total for the period to $64.46 million. At the same time, the platform doubled its user base and user activity.

Explore Magnetic

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Curious about the rest of the XRP Ledger ecosystem? For example, did you know that the NFT trading volume on the chain increased 186% to $839,000 in the past 7 days. XRP Cafe is the leading marketplace. Visit the XRP Ledger chain page for more alpha.

LFG! 📡🔵

Have a great day,
DappRadar Team
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