Messari released the XRP Ledger 2023 Q2 report, in which the market value of XRP in the second quarter dropped to US$24.8 billion, a decrease of 10.7% from the previous quarter; the average daily NFT transaction volume increased by 12.7% from the previous quarter, from 13,800 to 15,500. The average daily transaction volume and the average daily active address volume decreased by 11.9% and 17.6% respectively from the previous quarter.