Ripple issues USD-backed stablecoin to bring more liquidity to the XRP Ledger Ripple price is in a downward trend this week, hitting monthly lows at $0.5623 on Thursday, amid a broader correction in major cryptocurrency assets and as the legal battle between Ripple and the US Securities and Exchange Commission keeps both sides confronted about what should be the status of crypto assets in financial markets.
While failed transactions are mostly bots, it shows the rise in “spam” on the Solana blockchain, alongside increase in usage. Solana price climbed slightly on Thursday, up 1% to $187.63. Data from Dune Analytics shows that failed transactions on Solana are close to three-quarters of all transactions. The average is close to 75%, on April 4, the number is 73.2%, as seen in the chart below.
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