XRP Ledger has fewer users but bigger, higher-value trades

Fewer people are actively using the XRP Ledger (the network behind XRP) compared to a year ago, but the trades happening on it are larger in size and total value. So it's quieter in terms of headcount, but the money moving through it is more concentrated.

This pattern often shows up when a network shifts from lots of small retail activity toward fewer, bigger players like institutions or large traders using it for larger transfers.

Nothing to act on here, this is just a usage pattern shift, not a security issue or red flag.