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Altcoins & DeFi

XRP network activity falls far behind Solana, says Mason Versluis

Image: CoinTurk News

Mason Versluis, a prominent crypto content creator and market commentator, has raised concerns over the current level of activity on the XRP Ledger compared to Solana . In his latest comparison, Versluis highlighted several key network metrics—including daily transaction fees, decentralized application revenue, active addresses, and decentralized exchange volume—where XRP trails Solana by a considerable margin. Versluis presented figures showing the XRP Ledger’s daily chain fees at approximately $1,300 and application revenue of around $2,000. The network reported fewer than 60,000 active addresses and about $6 million in decentralized exchange volume over the same period. In contrast, he cited significantly higher numbers for Solana. The Solana network reportedly captured around $584,000 in chain revenue and $500,000 in chain fees.

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