Through the use of blockchain and modern APIs, Ripple enables financial institutions who are part of the network, RippleNet, to send money globally, instantly, reliably and for fractions of a penny. RippleNet is built on top of Ripple’s consensus ledger, XRP Ledger (XRPL).

Ripple is the leading provider of crypto-enabled solutions for businesses. Ripple was founded by Chris Larsen and Jed McCaleb and launched in 2012 (previously OpenCoin).

XRP tokenholders own and govern Ripple's consensus ledger 'XRP Ledger' (XRPL). Ripple's investors include a16z, Pantera Capital, Route 66 Ventures, etc.

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Blockchains (L1)

XRP Ledger

# XRP Ledger Transactions per second Methodology

## 1. Overview

Transactions per second measures the average number of confirmed transactions processed by the XRP Ledger each second. This metric reflects both the network's throughput capacity and real-time usage levels. The calculation divides the daily transaction count by the number of seconds in a day (86,400) to produce a daily average throughput rate.

## 2. Data sources

- **Blockchain data**: Transaction records from the XRP Ledger, capturing all confirmed transactions with their timestamps and transaction hashes

## 3. Step-by-step calculation

### Component A: Transaction counting

- **Purpose**: Count unique confirmed transactions per day
- **Logic**: All transactions are identified by their unique transaction hash and grouped by calendar day using UTC day boundaries. Each unique transaction hash is counted once per day to determine the daily transaction count.
- **Key fields**: `transaction_hash` (unique transaction identifier), `block_timestamp` (transaction confirmation time)

### Component B: Throughput calculation

- **Purpose**: Convert daily transaction counts to per-second averages
- **Logic**: The daily transaction count is divided by 86,400 (the number of seconds in a day) to calculate the average transactions per second for that day. This produces a throughput metric that reflects the network's average processing rate over the 24-hour period.

*This methodology was automatically generated by Token Terminal's methodology analyzer.*

Average confirmed user transactions added per second.

XRP LedgerXRP

Transactions per second

Transactions per second

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