Research Shows XRP Ledger's Carbon Footprint Matches That of a Single Transatlantic Flight
XRP Ledger's Environmental Impact: The XRP Ledger has a minimal carbon footprint, equivalent to that of a single Boeing 747 transatlantic flight, with each transaction producing only 8.1 mgCO₂e and consuming just 0.020 Wh of electricity.
Network Growth and Activity: Despite a decline in active user engagement and daily transactions, the XRP Ledger's total addresses grew by 4% quarter-on-quarter, and the market cap for real-world assets reached $131.6 million, driven by new token launches.
Stablecoins and NFTs Performance: Ripple's RLUSD stablecoin saw a 49% increase in market cap, while the NFT sector experienced a significant resurgence, with daily transactions rising nearly 227% due to increased minting activity.
Carbon Neutrality and Consensus Mechanism: The XRP Ledger is recognized as the world's first major carbon-neutral public blockchain, utilizing a consensus mechanism that avoids energy-intensive mining and offsets its energy consumption through carbon credits.
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