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XRP Ledger Metrics Do Not Establish How Many People Returned

Active-account totals count unique senders, while another measure includes source, destination and destination-tag activity.

Mentioned assets
Blank tags mark separate payments gathered at one shared mailbox / TokenPost.ai
Blank tags mark separate payments gathered at one shared mailbox / TokenPost.ai

XRP Ledger activity measures track ledger activity, but they do not establish how many individual people were active or whether they returned after a period of inactivity.

The active-account measure counts unique senders. Funded addresses map to ledger accounts; unfunded ones are not accounts, and account records do not verify anyone’s identity. The total therefore describes ledger activity, not a verified count of people.

A separate active-users measure includes source and destination activity, along with destination-tag activity. The measures cover different kinds of ledger activity, and neither shows when an address last transacted.

Destination tags help distinguish payments for different users routed through a multipurpose address. They do not, by themselves, identify who controls an address.

An earlier XRP Ledger account-growth story about newly activated accounts illustrates the same distinction: an account count does not establish how many people joined or returned.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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