Santiment, a crypto analytics platform, has recently expanded its research offerings to include a myriad of new metrics related to Ripple’s XRP Ledger (XRPL). This move positions Santiment as one of the most comprehensive data sources for the XRP blockchain. The platform now offers crucial on-chain, social, and development-related metrics that are central to understanding the blockchain’s ecosystem and its asset, XRP.
📢 New and free #XRPL metrics are now available from @santimentfeed!
— Santiment (@santimentfeed) September 5, 2023
We are proud to be one of the most comprehensive data sources in the world for $XRP and #XRPL, including several key on-chain, social, and development-related metrics that are used by @Ripple.
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Among the newly offered metrics are key on-chain indicators and development insights. These provide a clearer understanding of how XRP assets are being issued and how the overall supply is distributed. According to Santiment, for investors and researchers alike, this data could provide valuable insights into the health and momentum of the XRPL network.
In addition to on-chain metrics, Santiment has added social metrics to its portfolio, offering a pulse on the community’s sentiment toward XRPL. This data amalgamates public opinion from multiple sources, making it a rich resource for gauging market sentiment and predicting future trends.
As the blockchain world keenly awaits the launch of XLS-30, an anticipated automated market maker (AMM) for XRPL, Santiment promises to keep its users ahead of the curve. Upon the AMM’s release, the platform would immediately offer AMM-related metrics. These tools are intended to provide full transparency and cutting-edge research possibilities, available free of charge.
For those interested in diving deeper, Santiment is offering a free week of Sanbase PRO, granting full real-time access to an array of research tools that go beyond the newly introduced XRPL metrics. Although the XRPL dashboard is currently only available on desktop, it serves as a centralized hub for all the new free metrics.
Santiment not only offers a wide range of data analytics but also encourages community engagement for feedback and queries. For those interested in understanding their new offerings on Ripple’s XRP Ledger or suggesting future updates, the platform is allegedly open to communication via its social channels.
