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XRP in August 2024: monthly report

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

XRP closed August 2024 at US$ 0.5663, −9.1 % over the month. The XRP Ledger processed 43.9 M transactions (−37.4 % vs the previous month) and 38,097 new accounts were opened. Ripple locked 500 M XRP in new escrows.

Month closeUS$ 0.5663
Change in the month−9.1 %
Closing rangeUS$ 0.4887 – US$ 0.617
Transactions43.9 M
New accounts38,097
Active accounts per day9,556
XRP burned in fees120,265 XRP
US$ 0.617US$ 0.4887
Daily closing price

Compared with other months

MetricThis monthPrevious monthA year ago
Month closeUS$ 0.5663US$ 0.6229US$ 0.5106
Change in the month−9.1 %+31 %−26.7 %
Transactions43.9 M70.2 M34 M
Payments19.2 M44.8 M9.1 M
New accounts38,09734,63354,721
Active accounts per day9,5569,11010,455
XRP burned in fees120,265 XRP89,116 XRP86,387 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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