The big news of the day is the transaction activity on Ripple: not only did it have more transactions recorded on its chain yesterday than any other coin — to be precise, it had about 25% more transactions recorded than Ethereum, which was the runner up for the day in terms of transactions recorded — but Ripple also boasted the largest transaction on its chain across all cryptocurrencies for the previous day, with its largest transaction coming in at $126,580,436 US dollars. Ripple’s transaction fee is and has been substantially less than other coins that typically report large volume and/or transaction sizes (namely Ethereum, Bitcoin, and Bitcoin Cash) which perhaps is a contributing factor to its utility in this regard.
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