Despite recent claims from Litecoin proponents that the XRPL barely sees any significant XRP transactions, data shows massive daily volume. XRP has always been at the center of criticism from various corners of the crypto community. The earliest pushback came from the Bitcoin camp, while more recent attacks have emerged from Chainlink advocates, who claim their project enjoys stronger real-world adoption and could eventually surpass XRP in market rankings. Interestingly, the Litecoin community appears to have also taken a recent interest in this trend. Specifically, the official Litecoin X account, managed by an intern, recently took a straightforward jab at XRP. Notably, it claimed that the hype surrounding XRP is "cosmic delusion," and referred to Ripple CEO as "Brad Garlicmouse." Expectedly, the XRP Army responded to the criticism, leading to a broader clash between both communities. Meanwhile, in what appears to have been a miscalculated attack, one Litecoin proponent suggested that while Litecoin boasts real-world utility, he has never seen a real-life transaction on the XRP Ledger. This claim received massive pushback from the XRP camp, who highlighted on-chain analytics to debunk it. In response, the Litecoin advocate argued that while the XRP might be seeing multiple daily transactions, most of them are worth fractions of a penny. XRPL Seeing Multiple Large-Value Transactions However, XRPScan, an XRPL explorer, replied to this with data indicating that the network saw up to 3,356 transactions worth at least $28,000 on Sept. 1 alone, with some transactions worth over $560,000. This translates to at least $94 million from these transactions alone. https://twitter.com/xrpscan/status/1962930790427463799 Meanwhile, an independent analysis carried out by The Crypto Basic through XRPScan's Console resource shows even more impressive metrics. Specifically, on-chain data shows that the XRPL saw 4,723 transactions worth at least 5,000 XRP ($14,000) yesterday, Sept. 2, alone.  XRPL Transactions Worth At Least 5000 XRPXRPL Transactions Worth At Least 5000 XRP | XRPScan Console Moreover, there were 2,145 transactions worth 20,000 XRP ($56,000) and above on the same day. These transactions alone accounted for at least $120 million worth of value moved on the XRPL yesterday.  However, a more interesting feat involved 819 transactions worth 100,000 XRP ($280,000) on the same day. For context, the cumulative worth of these transactions was at least $229.3 million. Notably, this was not a one-off milestone, as similar transactions worth $280,000 and above hit 734 on Sept. 1 and 832 on Aug. 27, a week ago. XRPL Transactions Worth At Least 100000 XRPXRPL Transactions Worth At Least 100000 XRP | XRPScan Console XRP Also Beats Litecoin in Transaction and Trade Volumes These metrics confirm that the XRP Ledger boasts multiple large-value transactions, as opposed to recent claims. Further data from XRPScan also reveals that payment transactions on the XRPL range from 700,000 to 1.1 million each day, with values ranging from $300 million to over $1 billion. XRPL Transaction VolumeXRPL Transaction Volume | XRPScan In contrast, the Litecoin network typically sees between 175,000 and 200,000 transactions each day, much lower than what the XRPL records within the same timeframe.  Litecoin Transaction VolumeLitecoin Transaction Volume However, it is important to note that these metrics refer to on-chain payment transactions carried out on the networks themselves, and not trading activity on centralized and decentralized exchanges. When it comes to trading volume, there is a much larger gap. Specifically, XRP currently boasts a 24-hour volume of $6.8 billion, according to CoinMarketCap, the seventh-largest in the market. Meanwhile, Litecoin only has a volume of $568.8 million, ranking 31st.Despite recent claims from Litecoin proponents that the XRPL barely sees any significant XRP transactions, data shows massive daily volume. XRP has always been at the center of criticism from various corners of the crypto community. The earliest pushback came from the Bitcoin camp, while more recent attacks have emerged from Chainlink advocates, who claim their project enjoys stronger real-world adoption and could eventually surpass XRP in market rankings. Interestingly, the Litecoin community appears to have also taken a recent interest in this trend. Specifically, the official Litecoin X account, managed by an intern, recently took a straightforward jab at XRP. Notably, it claimed that the hype surrounding XRP is "cosmic delusion," and referred to Ripple CEO as "Brad Garlicmouse." Expectedly, the XRP Army responded to the criticism, leading to a broader clash between both communities. Meanwhile, in what appears to have been a miscalculated attack, one Litecoin proponent suggested that while Litecoin boasts real-world utility, he has never seen a real-life transaction on the XRP Ledger. This claim received massive pushback from the XRP camp, who highlighted on-chain analytics to debunk it. In response, the Litecoin advocate argued that while the XRP might be seeing multiple daily transactions, most of them are worth fractions of a penny. XRPL Seeing Multiple Large-Value Transactions However, XRPScan, an XRPL explorer, replied to this with data indicating that the network saw up to 3,356 transactions worth at least $28,000 on Sept. 1 alone, with some transactions worth over $560,000. This translates to at least $94 million from these transactions alone. https://twitter.com/xrpscan/status/1962930790427463799 Meanwhile, an independent analysis carried out by The Crypto Basic through XRPScan's Console resource shows even more impressive metrics. Specifically, on-chain data shows that the XRPL saw 4,723 transactions worth at least 5,000 XRP ($14,000) yesterday, Sept. 2, alone.  XRPL Transactions Worth At Least 5000 XRPXRPL Transactions Worth At Least 5000 XRP | XRPScan Console Moreover, there were 2,145 transactions worth 20,000 XRP ($56,000) and above on the same day. These transactions alone accounted for at least $120 million worth of value moved on the XRPL yesterday.  However, a more interesting feat involved 819 transactions worth 100,000 XRP ($280,000) on the same day. For context, the cumulative worth of these transactions was at least $229.3 million. Notably, this was not a one-off milestone, as similar transactions worth $280,000 and above hit 734 on Sept. 1 and 832 on Aug. 27, a week ago. XRPL Transactions Worth At Least 100000 XRPXRPL Transactions Worth At Least 100000 XRP | XRPScan Console XRP Also Beats Litecoin in Transaction and Trade Volumes These metrics confirm that the XRP Ledger boasts multiple large-value transactions, as opposed to recent claims. Further data from XRPScan also reveals that payment transactions on the XRPL range from 700,000 to 1.1 million each day, with values ranging from $300 million to over $1 billion. XRPL Transaction VolumeXRPL Transaction Volume | XRPScan In contrast, the Litecoin network typically sees between 175,000 and 200,000 transactions each day, much lower than what the XRPL records within the same timeframe.  Litecoin Transaction VolumeLitecoin Transaction Volume However, it is important to note that these metrics refer to on-chain payment transactions carried out on the networks themselves, and not trading activity on centralized and decentralized exchanges. When it comes to trading volume, there is a much larger gap. Specifically, XRP currently boasts a 24-hour volume of $6.8 billion, according to CoinMarketCap, the seventh-largest in the market. Meanwhile, Litecoin only has a volume of $568.8 million, ranking 31st.

XRP Saw 819 Transactions Worth At Least $280,000 a Day Despite Recent Ghost Chain Claims

Despite recent claims from Litecoin proponents that the XRPL barely sees any significant XRP transactions, data shows massive daily volume. XRP has always been at the center of criticism from various corners of the crypto community. The earliest pushback came from the Bitcoin camp, while more recent attacks have emerged from Chainlink advocates, who claim their project enjoys stronger real-world adoption and could eventually surpass XRP in market rankings. Interestingly, the Litecoin community appears to have also taken a recent interest in this trend. Specifically, the official Litecoin X account, managed by an intern, recently took a straightforward jab at XRP. Notably, it claimed that the hype surrounding XRP is "cosmic delusion," and referred to Ripple CEO as "Brad Garlicmouse." Expectedly, the XRP Army responded to the criticism, leading to a broader clash between both communities. Meanwhile, in what appears to have been a miscalculated attack, one Litecoin proponent suggested that while Litecoin boasts real-world utility, he has never seen a real-life transaction on the XRP Ledger. This claim received massive pushback from the XRP camp, who highlighted on-chain analytics to debunk it. In response, the Litecoin advocate argued that while the XRP might be seeing multiple daily transactions, most of them are worth fractions of a penny. XRPL Seeing Multiple Large-Value Transactions However, XRPScan, an XRPL explorer, replied to this with data indicating that the network saw up to 3,356 transactions worth at least $28,000 on Sept. 1 alone, with some transactions worth over $560,000. This translates to at least $94 million from these transactions alone. https://twitter.com/xrpscan/status/1962930790427463799 Meanwhile, an independent analysis carried out by The Crypto Basic through XRPScan's Console resource shows even more impressive metrics. Specifically, on-chain data shows that the XRPL saw 4,723 transactions worth at least 5,000 XRP ($14,000) yesterday, Sept. 2, alone.  XRPL Transactions Worth At Least 5000 XRPXRPL Transactions Worth At Least 5000 XRPXRPL Transactions Worth At Least 5000 XRP | XRPScan Console Moreover, there were 2,145 transactions worth 20,000 XRP ($56,000) and above on the same day. These transactions alone accounted for at least $120 million worth of value moved on the XRPL yesterday.  However, a more interesting feat involved 819 transactions worth 100,000 XRP ($280,000) on the same day. For context, the cumulative worth of these transactions was at least $229.3 million. Notably, this was not a one-off milestone, as similar transactions worth $280,000 and above hit 734 on Sept. 1 and 832 on Aug. 27, a week ago. XRPL Transactions Worth At Least 100000 XRPXRPL Transactions Worth At Least 100000 XRPXRPL Transactions Worth At Least 100000 XRP | XRPScan Console XRP Also Beats Litecoin in Transaction and Trade Volumes These metrics confirm that the XRP Ledger boasts multiple large-value transactions, as opposed to recent claims. Further data from XRPScan also reveals that payment transactions on the XRPL range from 700,000 to 1.1 million each day, with values ranging from $300 million to over $1 billion. XRPL Transaction VolumeXRPL Transaction VolumeXRPL Transaction Volume | XRPScan In contrast, the Litecoin network typically sees between 175,000 and 200,000 transactions each day, much lower than what the XRPL records within the same timeframe.  Litecoin Transaction VolumeLitecoin Transaction VolumeLitecoin Transaction Volume However, it is important to note that these metrics refer to on-chain payment transactions carried out on the networks themselves, and not trading activity on centralized and decentralized exchanges. When it comes to trading volume, there is a much larger gap. Specifically, XRP currently boasts a 24-hour volume of $6.8 billion, according to CoinMarketCap, the seventh-largest in the market. Meanwhile, Litecoin only has a volume of $568.8 million, ranking 31st.

Market Opportunity
RealLink Logo
RealLink Price(REAL)
$0.07884
$0.07884$0.07884
-0.47%
USD
RealLink (REAL) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Mitosis Price Flashes a Massive Breakout Hope; Cup-And-Handle Pattern Signals MITO Targeting 50% Rally To $0.115305 Level

Mitosis Price Flashes a Massive Breakout Hope; Cup-And-Handle Pattern Signals MITO Targeting 50% Rally To $0.115305 Level

The analyst identified a formation of a cup-and-handle pattern on Mitosis’s chart, suggesting that MITO is preparing to see a looming price explosion.
Share
Blockchainreporter2026/01/18 09:00
Spot ETH ETFs Surge: Remarkable $48M Inflow Streak Continues

Spot ETH ETFs Surge: Remarkable $48M Inflow Streak Continues

BitcoinWorld Spot ETH ETFs Surge: Remarkable $48M Inflow Streak Continues The cryptocurrency world is buzzing with exciting news as Spot ETH ETFs continue to capture significant investor attention. For the second consecutive day, these innovative investment vehicles have seen substantial positive flows, reinforcing confidence in the Ethereum ecosystem. This consistent performance signals a growing appetite for regulated crypto exposure among traditional investors. What’s Fueling the Latest Spot ETH ETF Inflows? On September 19, U.S. Spot ETH ETFs collectively recorded a net inflow of an impressive $48 million. This marked another day of positive momentum, building on previous gains. Such figures are not just numbers; they represent tangible capital moving into the Ethereum market through accessible investment products. BlackRock’s ETHA Leads the Charge: A standout performer was BlackRock’s ETHA, which alone attracted a staggering $140 million in inflows. This substantial figure highlights the significant influence of major financial institutions in driving the adoption of crypto-backed ETFs. Institutional Confidence: The consistent inflows, particularly from prominent asset managers like BlackRock, suggest increasing institutional comfort and conviction in Ethereum’s long-term potential. Why Are Consecutive Spot ETH ETF Inflows So Significant? Two consecutive days of net inflows into Spot ETH ETFs are more than just a fleeting trend; they indicate a strengthening pattern of investor interest. This sustained positive movement suggests that initial hesitancy might be giving way to broader acceptance and strategic positioning within the digital asset space. Understanding the implications of these inflows is crucial: Market Validation: Continuous inflows serve as a strong validation for Ethereum as a legitimate and valuable asset class within traditional finance. Liquidity and Stability: Increased capital flowing into these ETFs can contribute to greater market liquidity and potentially enhance price stability for Ethereum itself, reducing volatility over time. Paving the Way: The success of Spot ETH ETFs could also pave the way for other cryptocurrency-based investment products, further integrating digital assets into mainstream financial portfolios. Are All Spot ETH ETFs Experiencing the Same Momentum? While the overall picture for Spot ETH ETFs is overwhelmingly positive, it’s important to note that individual fund performances can vary. The market is dynamic, and different funds may experience unique flow patterns based on investor preferences, fund structure, and underlying strategies. Mixed Performance: On the same day, Fidelity’s FETH saw net outflows of $53.4 million, and Grayscale’s Mini ETH recorded outflows of $11.3 million. Normal Market Fluctuations: These outflows, while notable, are a normal part of market dynamics. Investors might be rebalancing portfolios, taking profits, or shifting capital between different investment vehicles. The net positive inflow across the entire sector indicates that new money is still entering faster than it is leaving. This nuanced view helps us appreciate the complex interplay of forces shaping the market for Spot ETH ETFs. What’s Next for Spot ETH ETFs and the Ethereum Market? The sustained interest in Spot ETH ETFs suggests a potentially bright future for Ethereum’s integration into traditional financial markets. As more investors gain access to ETH through regulated products, the demand for the underlying asset could increase, influencing its price and overall market capitalization. For investors looking to navigate this evolving landscape, here are some actionable insights: Stay Informed: Keep an eye on daily inflow and outflow data, as these can provide early indicators of market sentiment. Understand Diversification: While Spot ETH ETFs offer exposure, remember the importance of a diversified investment portfolio. Monitor Regulatory Developments: The regulatory environment for cryptocurrencies is constantly evolving, which can impact the performance and availability of these investment products. Conclusion: A Promising Horizon for Ethereum The consistent positive net inflows into Spot ETH ETFs for a second straight day underscore a significant shift in how institutional and retail investors view Ethereum. This growing confidence, spearheaded by major players like BlackRock, signals a maturing market where digital assets are increasingly seen as viable components of a modern investment strategy. As the ecosystem continues to develop, these ETFs will likely play a crucial role in shaping Ethereum’s future trajectory and its broader acceptance in global finance. It’s an exciting time to watch the evolution of these groundbreaking financial instruments. Frequently Asked Questions (FAQs) Q1: What is a Spot ETH ETF? A Spot ETH ETF (Exchange-Traded Fund) is an investment product that directly holds Ethereum. It allows investors to gain exposure to Ethereum’s price movements without needing to buy, store, or manage the actual cryptocurrency themselves. Q2: Why are these recent inflows into Spot ETH ETFs important? The recent inflows signify growing institutional and retail investor confidence in Ethereum as an asset. Consistent positive flows can lead to increased market liquidity, potential price stability, and broader acceptance of cryptocurrencies in traditional financial portfolios. Q3: Which funds are leading the inflows for Spot ETH ETFs? On September 19, BlackRock’s ETHA led the group with a substantial $140 million in inflows, demonstrating strong interest from a major financial institution. Q4: Do all Spot ETH ETFs experience inflows simultaneously? No, not all Spot ETH ETFs experience inflows at the same time. While the overall sector may see net positive flows, individual funds like Fidelity’s FETH and Grayscale’s Mini ETH can experience outflows due to various factors such as rebalancing or profit-taking by investors. Q5: What does the success of Spot ETH ETFs mean for Ethereum’s price? Increased demand through Spot ETH ETFs can potentially drive up the price of Ethereum by increasing buying pressure on the underlying asset. However, numerous factors influence crypto prices, so it’s not a guaranteed outcome. If you found this article insightful, consider sharing it with your network! Your support helps us continue to provide valuable insights into the dynamic world of cryptocurrency. Spread the word and help others understand the exciting developments in Spot ETH ETFs! To learn more about the latest crypto market trends, explore our article on key developments shaping Ethereum institutional adoption. This post Spot ETH ETFs Surge: Remarkable $48M Inflow Streak Continues first appeared on BitcoinWorld.
Share
Coinstats2025/09/20 11:10
Trump imposes 10% tariffs on eight European countries over Greenland.

Trump imposes 10% tariffs on eight European countries over Greenland.

PANews reported on January 18th that, according to Jinshi News, on January 17th local time, US President Trump announced via social media that, due to the Greenland
Share
PANews2026/01/18 08:46