Study Questions XRP Ledger Activity as 110 Bots Dominate RLUSD Payments
A Bitquery study covering September 19 to October 18 examines activity on the XRP Ledger. It finds that 110 bot wallets account for much of the RLUSD payment activity, and it separates these automated counts from billions in larger transfers, including issuer flows. For traders, the gap between bot-driven counts and large transfers may affect how much weight the network's activity boom deserves.
Why it matters
- A Bitquery study covers XRP Ledger activity from September 19 to October 18.
- 110 bot wallets dominate RLUSD payments, according to the study.
- Automated counts are separated from billions in larger transfers, including issuer flows.
What to watch next
Watch for further data that separates bot activity from larger transfers and issuer flows before judging XRP Ledger demand.
