Although this level of contract activity suggests interest, the user adoption rate appears more measured.
Of the 1,211 new accounts created, over 80% were registered within the first two days of its launch, with subsequent days seeing only a handful of signups.
Meanwhile, active accounts have generally remained below 150 since launch, indicating limited day-to-day usage despite a promising developer start.
From a technical standpoint, the XRPL EVM sidechain appears to be operating smoothly. The network has already processed over 1.12 million blocks with an average block time of just 5.66 seconds.
There were no pending transactions recorded in the most recent 30-minute period, suggesting high throughput and low congestion.
On the transaction front, the network has handled over 1,644 XRP transfers. A total of 539 transactions were processed in the last 24 hours, generating a cumulative fee of just 26.1 XRP.
Meanwhile, the average transaction cost is only 0.048 XRP, reinforcing the chain’s appeal as a low-cost, developer-friendly blockchain.
