On-Chain Metrics
XRP on-chain: The cost basis distribution of the coins spent each day, drawn as 19 quantile bands. Where the cost-basis rainbow shows what the whole supply paid, this shows what the day's sellers paid, so you can see whether cheap long-held coins or recently-bought coins are the ones changing hands.
Check the selected asset, units, and cohort before comparing readings. Compare the metric over consistent dates and use related measures to understand what contributes to a change.
Addresses and on-chain cohorts do not identify individual people. Network designs and available histories differ, so a threshold observed on one asset may not transfer to another.
XRP on-chain: The cost basis distribution of the coins spent each day, drawn as 19 quantile bands. Where the cost-basis rainbow shows what the whole supply paid, this shows what the day's sellers paid, so you can see whether cheap long-held coins or recently-bought coins are the ones changing hands.
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