XRPL grows in Q2 despite SEC lawsuit concerns: Report By Cointelegraph

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Despite lingering concerns over the vs. SEC lawsuit, The XRP Ledger (XRPL) has demonstrated significant growth in multiple areas of its protocol during the second quarter of 2023, according to a recent report from crypto analytics platform Messari.

The report shows that the circulating market cap of XRP (XRP) has increased by 42.5% year-to-date. The growth was driven by the asset’s price surge in the first quarter; however, in Q2, the market cap declined by 10.7%, from $27.8 billion to $24.8 billion.

Screenshot of graphic representation of XRP Ledger key metrics overview. Source: Messari