XRP Ledger has recently found itself at the center of two separate discussions: on one hand, there are doubts about its low level of activity on the blockchain, and on the other hand, the technical director of the foundation discussed the envisioned integration of X Money with XRP. With these two issues coming together, the practical use cases for this public chain have once again become a focal point.

Concentration of on-chain transactions raises doubts

Research from Bitquery shows that in August, only 793 accounts handled 93.2% of the XRP Ledger transactions. Of these, 767 were classified as bot accounts, including those involved in automated trading and spam transactions.

This result has prompted the outside world to re-discuss whether there is a "ghost chain" phenomenon with XRP Ledger. The core of the controversy does not lie in the monthly data itself, but rather in whether network transactions are primarily driven by real users.

CTO talks about X Money and XRP

CTO also proposes an idea: in the future, users might be able to transfer funds directly from their X Money account to their XRP account, and then use the ledger primitives to generate earnings.

He stated that if this structure is truly feasible, he sees no problem with it. This statement is more of a description of a potential product path and does not yet imply that the relevant features have been implemented.

Ecological focus shifts to practical applications

This discussion brought the focus back to the two issues of XRP Ledger: first, whether on-chain transactions are sufficiently real, and second, whether they can accommodate more direct payment and fund management scenarios.

For the XRP ecosystem, what the outside world will continue to observe next is the transaction structure, account activity, and whether the ideas related to X Money will move onto a more concrete product level.