Get ready, because the XRP Ledger is on the cusp of a monumental achievement! In less than a day, this innovative blockchain is projected to hit a staggering 100 million ledgers – a testament to its enduring strength and growing influence.
As highlighted by the XRP Ledger explorer, xrpscan, the countdown is ticking! With the current ledger count at 99,982,245, the final push to reach the 100 million milestone is imminent. The xrpscan website's countdown timer suggests the event will happen in less than 19 hours.
Launched in June 2012 by David Schwartz, Jed McCaleb, and Arthur Britto, the XRP Ledger emerged from a vision to create a more sustainable system for transferring value. Inspired by Bitcoin, they aimed for something better. Now, after 13 years, the XRP Ledger is about to celebrate this incredible milestone. This achievement demonstrates the resilience and robustness of the XRP Ledger.
But that's not all! The XRP Ledger is experiencing a surge in momentum, particularly in the realm of real-world assets (RWA) and stablecoin issuance. Recent data indicates an impressive rise in these areas.
According to a recent Messari report, the XRPL concluded Q3 with an all-time high RWA market cap of $364.2 million. This represents a remarkable 215% quarterly increase, fueled by the growth of RWAs like Ondo’s OUSG tokenized treasury fund, Guggenheim’s Digital Commercial Paper, and tokenized real estate issued by Ctrl Alt.
Furthermore, Ripple’s USD-pegged stablecoin, RLUSD, has exceeded $1 billion in combined market cap on both the XRPL and Ethereum, just a year after its launch. This rapid growth shows the increasing adoption and confidence in the XRP Ledger ecosystem.
And this is the part most people miss... RippleX software engineer Mayukha Vadari has revealed recent updates to the Smart Escrow Devnet. Now in its seventh release, it is well into the review and testing phase. Significant progress has been made since the initial announcement in September 2024, which introduced advanced programmability through native smart contracts.
So, what do you think? Are you impressed by the XRP Ledger's progress? Do you believe this milestone is a sign of even greater things to come? Share your thoughts in the comments below!
