XRP Ledger sets record of transactions in a single block; Here’s what it means
The XRP Ledger (XRPL) has processed a record 3,254 transactions in a single block, setting a new record as XRP price climbed almost 4% amid developments surrounding the network. Most transactions consisted of tiny XRP payments, which do not constitute a heavy load on the network, according to a report posted on X by XRPL validator Vet on September 14. Although the sender’s identity and purpose remain unconfirmed, Vet suggested that the activity may have served as a throughput test. “3254 transactions in a single block a few hours ago on the XRP Ledger. New record. Good opportunity to review an interesting characteristic of the XRP Ledger vs Bitcoin… I don’t know why this person is doing these transactions but looks like throughput testing probably,” Vet wrote. 3254 transactions in a single block a few hours ago on the XRP Ledger. New record. Good opportunity to review an interesting characteristic of the XRP Ledger vs Bitcoin. Our blocks are dynamic in siz...