XRP Ledger is growing: These memecoins are attracting attention!

XRP's blockchain, $XRP Ledger, which has signed a sensational rally, has grown with the help of ecosystem memecoins.

XRP, one of the building blocks of the crypto industry, has left USDT behind with an increase of over 30 percent in recent days. XRP, the third largest cryptocurrency by market value, has managed to attract new investors globally.

The resignation of SEC Chairman Gary Gensler and applications for spot XRP ETFs formed the basis of the price increase.

XRP has also started to reap the fruits of the XRP Ledger, which it has been working on for many years. XRP's blockchain has gained momentum with the help of memecoin creation platform First Ledger.

#XRP Ledger has gained momentum with memecoins

XRP's blockchain, XRP Ledger, recorded a transaction volume of approximately $75 million in the last 24 hours. Memecoins constituted a large part of this volume.

According to Dexscreener data, 362,907 transactions were made on the XRP Ledger in the last 24 hours. The memecoin 589, which was launched on the XRP network, became the cryptocurrency with the most transactions. The memecoin, which was inspired by the Simpsons' $ 589 prophecy, attracted great attention. Reaching a market value of $ 8.1 million in a short time, 589 recorded a transaction volume of $ 7.8 million in the last 24 hours.

The memecoin of First Ledger, which enabled the creation of memecoins on the XRP blockchain, attracted attention. The memecoin in question reached a market value of nearly $ 25 million. The memecoin called Scrap recorded a transaction volume of $ 4.4 million in the last 24 hours.

The memecoin that attracted the most attention from the XRP community was ARMY. Inspired by the cult XRP Army, the ARMY memecoin reached a market value of $ 70.5 million on the XRP Ledger. The popular memecoin recorded $13.1 million in trading volume in the last 24 hours.

The crypto community has suggested that the XRP Ledger is still in its infancy and that the blockchain will soon host more cryptocurrencies.