XRPL x402 Payments: Daily Volume Figures Disagree
CoinGape and Coin Edition both report XRPL crossed 10 million x402 payments, but give different figures for how many payments settle daily.
CoinGape and Coin Edition both report XRPL crossed 10 million x402 payments, but give different figures for how many payments settle daily.
What all sources agree on
- XRP Ledger has processed over 10 million payments through the x402 protocol.
- The milestone came less than three months after XRPL first hit 1 million x402 payments.
- Payments on XRPL can be settled in XRP or RLUSD.
- XRP price was trading around the $1.50 mark.
Where the reports disagree
1Daily x402 payment volume on XRPL
Notably, more than 600,000 x402 payments are settled on the XRP Ledger daily.
XRPL now handles over 500,000 daily x402 payments on a seven-day average.
What would settle it: On-chain XRPL transaction data filtered for x402 payment activity, or the t54 Labs / XRPL AI Hub dashboard figures as of the reporting date.
What to make of it
Treat the 10-million milestone and the sub-three-month timeframe as established since both outlets agree; the exact daily payment rate (500,000 vs. 600,000) is unresolved and should not be cited as a precise figure until a primary on-chain source is checked.
Treat the 10-million milestone and the sub-three-month timeframe as established since both outlets agree; the exact daily payment rate (500,000 vs. 600,000) is unresolved and should not be cited as a precise figure until a primary on-chain source is checked.
Original source: AltcoinGordon
Syndicated coverage. Originally reported by altcoingordon.com.
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