Key Takeaways
The XRP Ledger is experiencing significant network congestion, causing a dramatic increase in transaction fees and raising questions about its scalability. While overall network payment volume has doubled, the high activity is exposing technical limits and has been worsened by costly coding errors, some linked to unverified AI-generated scripts.
- On March 26, the XRP Ledger saw activity approach its operational capacity of nearly 200 transactions per ledger, causing a significant fee spike.
- Coding errors, reportedly from AI tools, have caused some users to pay extreme fees, with one transaction costing 690 XRP.
- The congestion occurs even as network payments surged 100% in 24 hours, creating a conflict between bullish usage data and bearish performance issues.
