#XRP Ledger Surpasses 1.5 Million Accounts, An Important Milestone for #Ripple Community
Last year, a lot of people had doubts about the future of Ripple’s XRP. The company had seen some tough times as it had to face lawsuits and some people from the crypto community were sure that its tokens would be deemed as securities, which would have been a heavy blow.
However, now the second largest crypto network in the world by market cap has reached a very important milestone: XRP Ledger has more than 1.5 million users now, as shown by XRP Stats. This is a very significant measure that made the day of the XRP community.
About Ripple's (XRP): Built for enterprise use, XRP offers banks and payment providers a reliable, on-demand option to source liquidity for cross-border payments. Using XRP, banks can source liquidity on demand in real time without having to pre-fund nostro accounts. Payment Providers use XRP to expand reach into new markets, lower foreign exchange costs and provide faster payment settlement. XRP consistently handles 1,500 transactions per second, 24x7, and can scale to handle the same throughput as Visa. XRP's five-year track record of stable technology and governance makes it ready for institutional and enterprise use.
XRP is the 2nd largest cryptocurrency by market cap size. Its market cap is currently $12,545,011,202 and it has a circulating supply of 40,205,513,967 XRP. It's down 2.19% over the past 24 hours and is currently trading at $0.304718.