XRP Ledger Sets Record for Transactions per Block
The XRP Ledger processed a record 3,254 transactions in a single block earlier this week. According to XRPL validator Vet, the network handles load differently from Bitcoin by using a dynamic soft target that adjusts based on performance metrics like ledger close times. The system prioritizes speed and can increase throughput if it maintains fast closure speeds. Most of the record-setting transactions were simple XRP payments with minimal strain on the network compared to more complex operations such as DEX trades or NFT transfers. Vet suggested this activity might be a stress test rather than organic demand, coinciding with ongoing protocol upgrades for XRPL validators.
Tickers: $XRP
Topics: blockchain transactions transaction throughput XRP Ledger XRPL performance