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XRP in August 2023: monthly report

What the month's data says, without opinions or forecasts.

XRP closed August 2023 at US$ 0.5106, −26.7 % over the month. The XRP Ledger processed 34 M transactions (+10.1 % vs the previous month) and 54,721 new accounts were opened. Ripple locked 500 M XRP in new escrows.

Month closeUS$ 0.5106
Change in the month−26.7 %
Closing rangeUS$ 0.5059 – US$ 0.7067
Transactions34 M
New accounts54,721
Active accounts per day10,455
XRP burned in fees86,387 XRP
US$ 0.7067US$ 0.5059
Daily closing price

Compared with other months

MetricThis monthPrevious monthA year ago
Month closeUS$ 0.5106US$ 0.697US$ 0.3277
Change in the month−26.7 %+47.3 %−13.6 %
Transactions34 M30.9 M32.8 M
Payments9.1 M5.8 M5.6 M
New accounts54,72163,34833,894
Active accounts per day10,45512,94220,909
XRP burned in fees86,387 XRP94,273 XRP65,489 XRP

Ripple escrow

Ripple locked 500 M XRP in new escrows. How much was released that month is not in our records. How it works, in the escrow guide.

Daily closing prices from CoinGecko, XRP Ledger activity from XRPScan, escrow read from the ledger and ETFs from SoSoValue. Not investment advice.

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