XRP Ledger surpasses 93 million ledgers in a major milestone

XRP Ledger surpasses 93 million ledgers in a major milestone
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the XRP Ledger (XRPL) It has achieved a major milestone, surpassing the successful closing of 93 million books. This achievement highlights the flexibility, efficiency and expansion of the XRP Ledger network over the years.

According to the popular XRP Ledger explorer, XRP Ledger ServicesThe number of books exceeded 93 million and reached 93,009,637.

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XRPL: Four big updates are set to transform the XRP ledger

The XRP Ledger (XRP) has been in operation for over a decade, initially launched in 2012, and offers cross-currency and cross-border payments. The core value propositions of the administration.

XRP Ledger is advancing

like XRPL It moves around 100 million records, and its community and developers are focused on improving scalability, interoperability, and other features.

In September, Ripple and the broader XRP community announced the intention to offer native smart contracts on XRPL through the upcoming XLS proposal. Although the XRPL ecosystem shares many of the same features as programmable settlement networks — such as Ethereum, Solana, and Cardano — it does not natively support smart contracts.

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XRPL: This partnership links the XRP Ledger to SWIFT, BTC, and ETH

A native lending protocol is also being developed, allowing users to lend and borrow supported assets, including XRP, wBTC, and wETH using single asset vaults.

In April, Ripple announced plans to launch a USD-pegged stablecoin on both XRPL and Ethereum, using native XRPL functionality and ERC-20 token standards, respectively. On December 17, US stablecoin Ripple (RLUSD) launched globally, marking its debut on a number of cryptocurrency platforms.

As of the end of Q3, a total of 6.7 million NFTs had been minted using the XLS-20 standard. It is worth noting that more than 3.4 million mints arrived in the fourth quarter of 2023.



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