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Network activity on the XRP Ledger experienced a severe contraction on Thursday, June 26, plunging to its lowest level since June 8.  According to data reviewed by Finbold on XRPScan , the total daily payment transactions between accounts dropped sharply from around 1.4 million on Wednesday to just 590,072 as of publication, representing a dramatic pullback in transactional activity. XRP network activity payments. Source: XRPScan This drop-off in network usage is not an isolated metric. XRP also saw the lowest number of new accounts activated since October 26, 2024, falling to just 1,474 activations, a significant milestone, given that daily activations hadn’t dipped below 2,000 since November of the prior year. XRP payment activity Of particular concern to analysts is the stark decline in XRP payment activity, arguably the strongest indicator of genuine user engagement and utility on the network.  Just days ago, daily payments on the XRP Ledger hovered...

The entire cryptocurrency market was painted red. Most assets witnessed a major downfall over the weekend. Amidst this, Tron’s native cryptocurrency, TRX, was one asset that witnessed a slight recovery. The asset reached a new peak earlier this month, restoring hope back into the community. The community is waiting for the altcoin to reach a new high and hit the coveted 50-cent mark. Can the asset surge to this peak by the end of the month? Also Read: Dogecoin: New Price Forecast Predicts DOGE To Hit $0.73 Tron’s Road To Recovery Until 2025 Source: Shutterstock After recording a drop to $0.2417, Tron’s TRX was back on top. Justin Sun’s asset was trading at $0.2495 after surging by 0.72% over the past 24 hours at the time of writing. The altcoin rose to an all-time high of $0.4407 about 20 days ago before dropping by 43% since this peak. Source: CoinMarketCap The number of transactions carried out on Tron’s network has lately surpassed previous milestones. T...