XRP Ledger Reports 4.5 Million AI Transactions But Only 5,836 XRP Settled, Indicating Weak Demand
As of September 8, the XRP Ledger’s AI Hub has recorded close to 4.5 million AI-related micro-transactions. However, only 5,836 XRP tokens were ultimately settled, as the majority of the value was exchanged using Ripple’s stablecoin, RLUSD. This situation underscores a disparity between the high volume of transactions and the low demand for the XRP token itself.