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The Ripple CTO, David Schwartz, recently expressed his admiration for the growing trend of meme coins on the XRP Ledger (XRPL).
Yesterday, the team behind the XRPL meme coin Drop (DROP) reached out to Schwartz to offer him a gift of DROP tokens as a token of appreciation for his contributions to the XRP Ledger blockchain. They requested his wallet address so they could send him the DROP tokens.
Remarkably, Ripple’s CTO obliged, sharing his wallet information and stating that he “likes this trend.” According to a screenshot shared later by the Drop team, 15 DROP tokens were sent to Schwartz. In a subsequent post, the team welcomed him to the “DROP Army.”
#XRPL #Crypto #CryptoNews” #CryptoNewssCommunity #CryptoNewss
Yesterday, the team behind the XRPL meme coin Drop (DROP) reached out to Schwartz to offer him a gift of DROP tokens as a token of appreciation for his contributions to the XRP Ledger blockchain. They requested his wallet address so they could send him the DROP tokens.
Remarkably, Ripple’s CTO obliged, sharing his wallet information and stating that he “likes this trend.” According to a screenshot shared later by the Drop team, 15 DROP tokens were sent to Schwartz. In a subsequent post, the team welcomed him to the “DROP Army.”
#XRPL #Crypto #CryptoNews” #CryptoNewssCommunity #CryptoNewss
The XRP Ledger (XRPL) community has witnessed the burn of a significant amount of DROP tokens on the network, sparking speculation.
XRPScan, an XRPL explorer, indexed the transaction yesterday, indicating that 10,000 DROP tokens were incinerated on the leading blockchain. According to the X post, the XRPL explorer urged the community to hold a “moment of silence” for the transaction.
Per the transaction details, the 10,000 DROP tokens were burned on October 18 at 06:56 UTC, incurring a fee of 0.000012 XRP. Despite the transaction occurring earlier this month, the broader XRP community knew about it recently following XRPScan’s tweet.
#XRPL #Crypto #CryptoNewsDaddy #CryptoNews🚀🔥" #CryptoNewsUSA
XRPScan, an XRPL explorer, indexed the transaction yesterday, indicating that 10,000 DROP tokens were incinerated on the leading blockchain. According to the X post, the XRPL explorer urged the community to hold a “moment of silence” for the transaction.
Per the transaction details, the 10,000 DROP tokens were burned on October 18 at 06:56 UTC, incurring a fee of 0.000012 XRP. Despite the transaction occurring earlier this month, the broader XRP community knew about it recently following XRPScan’s tweet.
#XRPL #Crypto #CryptoNewsDaddy #CryptoNews🚀🔥" #CryptoNewsUSA
"Ripple's Former CTO Revives Codius—Will the XRP Ledger Soar?"
A market commentator calls attention to the potential impact a revival of the smart contracts platform Codius could bring on the XRP Ledger (XRPL).
Read more on: https://thecryptobasic.com/2024/10/28/ex-ripple-cto-announces-revival-of-codius-pundit-identifies-potential-impact-on-xrp-ledger/
#XRPL #Crypto #CryptoNewsCommunity #CryptoNews🚀🔥V #CryptoNewsUSA
Read more on: https://thecryptobasic.com/2024/10/28/ex-ripple-cto-announces-revival-of-codius-pundit-identifies-potential-impact-on-xrp-ledger/
#XRPL #Crypto #CryptoNewsCommunity #CryptoNews🚀🔥V #CryptoNewsUSA
The XRP Ledger (XRPL) ecosystem has seen a major milestone in token issuance, driven by a new trading protocol on the network.
A New Peak in Daily XRPL Token Issuance
Notably, on Oct. 17, 2024, data from Santiment confirmed that the XRPL hit an all-time high (ATH) for the number of tokens issued in a single day, reaching a staggering 213 new tokens. This achievement is nearly three times the previous record set in October 2021. The record-breaking day follows a notable increase in token issuance over the past week, largely fueled by the recently introduced First Ledger platform. Since its launch, First Ledger has made trading and token issuance on the XRPL easier. Over just eight days, the protocol helped create a total of 1,564 new tokens, contributing to the surge in token creation. However, most of these tokens are meme coins.
For context, the previous daily high of 74 tokens, reached on Oct. 28, 2021, occurred during a peak period of interest in XRPL-based assets. Since then, daily token issuance had rarely closed in on 40, with notable spikes such as 31 tokens on July 21, 2022, and 32 tokens on Nov. 24, 2022. The surge in 2024, with 213 tokens issued in one day, dwarfs these earlier numbers.
#XRPL #Crypto #CryptoNewsDaddy #CryptoNews🚀🔥" #CryptoNewsUSA
A New Peak in Daily XRPL Token Issuance
Notably, on Oct. 17, 2024, data from Santiment confirmed that the XRPL hit an all-time high (ATH) for the number of tokens issued in a single day, reaching a staggering 213 new tokens. This achievement is nearly three times the previous record set in October 2021. The record-breaking day follows a notable increase in token issuance over the past week, largely fueled by the recently introduced First Ledger platform. Since its launch, First Ledger has made trading and token issuance on the XRPL easier. Over just eight days, the protocol helped create a total of 1,564 new tokens, contributing to the surge in token creation. However, most of these tokens are meme coins.
For context, the previous daily high of 74 tokens, reached on Oct. 28, 2021, occurred during a peak period of interest in XRPL-based assets. Since then, daily token issuance had rarely closed in on 40, with notable spikes such as 31 tokens on July 21, 2022, and 32 tokens on Nov. 24, 2022. The surge in 2024, with 213 tokens issued in one day, dwarfs these earlier numbers.
#XRPL #Crypto #CryptoNewsDaddy #CryptoNews🚀🔥" #CryptoNewsUSA
XRPLedger is now available on MetaMask with Snap
In a major development, #Metamask users can now easily access #XRPledger with a single click. In a new tweet, Peersyst, the Ripple partner developing the $XRP
Ledger #EVM sidechain, announced the launch of XRP Ledger Snap for MetaMask. MetaMask Snaps are modular extensions that allow developers to extend the functionality of the MetaMask wallet.
This extensibility means that Metamask's 30 million monthly active users are now just one click away from creating an XRP Ledger account, creating a unique opportunity to accept and manage XRP Ledger assets in the Metamask crypto wallet.
XRP Ledger Snap will allow users to interact with XRP Ledger (#XRPL ) using their MetaMask wallets. Users will be able to manage XRP and other tokens on XRPL, execute transactions, and interact with XRPL-based decentralized applications (dApps) without leaving the MetaMask interface. Snap fills the gap between MetaMask and the XRP Ledger, bringing the benefits of XRPL to the popular Ethereum wallet.
Snap also includes all the current features available in XRPL mainnet and testnet and can be used by any dApp to connect and sign transactions. Other features include a web wallet that allows users to manage their XRP Ledger accounts, tokens and trust lines, and Transak on-ramp.
XRP Ledger compatibility at work
Ripple's engineering team is working closely with Peersyst to extend XRP Ledger interoperability through the XRPL EVM Sidechain, which will open new opportunities for XRPL developers in decentralized finance (DeFi) and real-world asset (RWA) tokenization, driving innovation and expanding the utility and reach of the network.
Connecting the XRPL EVM Sidechain to the XRPL mainnet will involve the use of a bridge, with the wrapped XRP (eXRP) serving as the native asset and gas token. This bridge facilitates the transfer of assets between XRPL and EVM Sidechain EVMs, ensuring interoperability.
The XRPL EVM Sidechain will be launched with Axelar acting as the exclusive bridge to the native sidechain gas token (eXRP) from XRPL. Axelar can also be used to bridge additional interoperable tokens to and from the main XRPL network, as well as from the more than 55 blockchains in the Axelar network.
#APTSurpassesSUI
Ledger #EVM sidechain, announced the launch of XRP Ledger Snap for MetaMask. MetaMask Snaps are modular extensions that allow developers to extend the functionality of the MetaMask wallet.
This extensibility means that Metamask's 30 million monthly active users are now just one click away from creating an XRP Ledger account, creating a unique opportunity to accept and manage XRP Ledger assets in the Metamask crypto wallet.
XRP Ledger Snap will allow users to interact with XRP Ledger (#XRPL ) using their MetaMask wallets. Users will be able to manage XRP and other tokens on XRPL, execute transactions, and interact with XRPL-based decentralized applications (dApps) without leaving the MetaMask interface. Snap fills the gap between MetaMask and the XRP Ledger, bringing the benefits of XRPL to the popular Ethereum wallet.
Snap also includes all the current features available in XRPL mainnet and testnet and can be used by any dApp to connect and sign transactions. Other features include a web wallet that allows users to manage their XRP Ledger accounts, tokens and trust lines, and Transak on-ramp.
XRP Ledger compatibility at work
Ripple's engineering team is working closely with Peersyst to extend XRP Ledger interoperability through the XRPL EVM Sidechain, which will open new opportunities for XRPL developers in decentralized finance (DeFi) and real-world asset (RWA) tokenization, driving innovation and expanding the utility and reach of the network.
Connecting the XRPL EVM Sidechain to the XRPL mainnet will involve the use of a bridge, with the wrapped XRP (eXRP) serving as the native asset and gas token. This bridge facilitates the transfer of assets between XRPL and EVM Sidechain EVMs, ensuring interoperability.
The XRPL EVM Sidechain will be launched with Axelar acting as the exclusive bridge to the native sidechain gas token (eXRP) from XRPL. Axelar can also be used to bridge additional interoperable tokens to and from the main XRPL network, as well as from the more than 55 blockchains in the Axelar network.
#APTSurpassesSUI
"XRP Ledger in Crisis: On-Chain Activity Falls Dramatically While AMM Liquidity Soars!"
Wenry Seoul, a lead analyst at CryptoQuant, recently published an in-depth analysis of XRP Ledger’s on-chain activity, showing mixed metrics.
Read more on: https://thecryptobasic.com/2024/10/23/xrp-ledger-sees-mixed-on-chain-activity-but-amm-liquidity-provision-surges/
#XRPL #Crypto #CryptoNewsCommunity #CryptoNews🚀🔥V #CryptoNewsUSA
Read more on: https://thecryptobasic.com/2024/10/23/xrp-ledger-sees-mixed-on-chain-activity-but-amm-liquidity-provision-surges/
#XRPL #Crypto #CryptoNewsCommunity #CryptoNews🚀🔥V #CryptoNewsUSA
The XRP Ledger has expanded its utility, especially in the real-world asset tokenization sector, following a collaboration between Zoniqx and Aurum Equity Partners.
On October 22, Aurum announced that it has launched a tokenized equity and debt fund worth $1 billion on the XRPL blockchain. The debut, which birthed the “world’s first combined equity and debt tokenized fund,” will facilitate easy accessibility to Aurum’s tokenized assets using the XRP Ledger.
#XRPL #Crypto #CryptoNews” #CryptoNewss #CryptoNewsUSA
On October 22, Aurum announced that it has launched a tokenized equity and debt fund worth $1 billion on the XRPL blockchain. The debut, which birthed the “world’s first combined equity and debt tokenized fund,” will facilitate easy accessibility to Aurum’s tokenized assets using the XRP Ledger.
#XRPL #Crypto #CryptoNews” #CryptoNewss #CryptoNewsUSA
Blockchain firm Peersyst Technology has launched an XRP Ledger (XRPL) Snap, which will allow over 30 million Metamask users access to the blockchain.
The software firm announced on Monday that Metamask users can now access the XRPL network and harness its properties through the self-custody wallet. Peersyst noted that the latest addition offers users the same functionality available on the XRPL mainnet and testnet.
For context, a Snap application allows non-Ethereum Virtual Machines (EVMs) access to integrate with the Metamask wallet. Notably, Metamask is a cold wallet that interacts only with the Ethereum network by default. However, certain blockchains could bridge users to other chains such as Ethereum with innovations like Snap, as Peersyst’s XRPL Snap intends to achieve. This latest feature provides easy accessibility to the XRPL network, further expanding the ecosystem’s adoption.
#XRPL #Crypto #CryptoNewsDaddy #CryptoNews🚀🔥" #CryptoNewsUSA
The software firm announced on Monday that Metamask users can now access the XRPL network and harness its properties through the self-custody wallet. Peersyst noted that the latest addition offers users the same functionality available on the XRPL mainnet and testnet.
For context, a Snap application allows non-Ethereum Virtual Machines (EVMs) access to integrate with the Metamask wallet. Notably, Metamask is a cold wallet that interacts only with the Ethereum network by default. However, certain blockchains could bridge users to other chains such as Ethereum with innovations like Snap, as Peersyst’s XRPL Snap intends to achieve. This latest feature provides easy accessibility to the XRPL network, further expanding the ecosystem’s adoption.
#XRPL #Crypto #CryptoNewsDaddy #CryptoNews🚀🔥" #CryptoNewsUSA
🚨 RIPPLE CEO BRAD GARLINGHOUSE ANNOUNCEMENT:
The launch of Ripple's stablecoin 'RLUSD' on #XRPL is just weeks away!
Ripple has been prepared for weeks, and now significant upgrades to the $XRP Ledger are set to go live. These enhancements will boost liquidity and attract institutional investors, potentially drawing hundreds of millions into XRPL tokens, especially in the DeFi sector.
The launch of Ripple's stablecoin 'RLUSD' on #XRPL is just weeks away!
Ripple has been prepared for weeks, and now significant upgrades to the $XRP Ledger are set to go live. These enhancements will boost liquidity and attract institutional investors, potentially drawing hundreds of millions into XRPL tokens, especially in the DeFi sector.
The eagerly-anticipated XLS-30D amendment for the XRPL, set to introduce an Automated Market Maker (AMM), will not launch on Feb. 14, as more validators revoke their votes.
#XRPledger #XRPL #Crypto #CryptonewswithJack #CryptoNewsFlash
#XRPledger #XRPL #Crypto #CryptonewswithJack #CryptoNewsFlash
"XRPL Labs CEO Declares Xumm's Unruggable Architecture for Ultimate Security"
XRPL Labs founder Wietse Wind has debunked claims of a potential rug involving Xumm (now Xaman) in an attempt to address a user’s concerns.
Read more on: https://thecryptobasic.com/2024/01/31/xrpl-labs-founder-says-xrp-wallet-cannot-rug/
#XRPMovement #XRPL #Xumm #crypto #CryptoNews🔒📰🚫
Read more on: https://thecryptobasic.com/2024/01/31/xrpl-labs-founder-says-xrp-wallet-cannot-rug/
#XRPMovement #XRPL #Xumm #crypto #CryptoNews🔒📰🚫
🎗️Breaking news 🎗️
1. This Is How JAPAN Will Use #XRPledger To Settle Money From A To B. This Process Will Take Less Than 4 Seconds.
2. 🚨🚨 Rumours In The XRPCommunity That Judge Torres Will Accept Ripple's Offer Paying 10 Million Dollars Fine To Settle The Lawsuit.
3. $XRP Is Not Just A Crypto Currency But It's The Heart Of The New Financial System.
4. Look At The XRPL Activity, It’s At Record High! The Top Defi Token On XRPL, TokenCTF Is Pumping Like Crazy. Jumped From 0.30$ to 0.90$ In 6 Weeks. But Thats Not Even The Best Part. It Literally Only Takes 10B$ Mc For CTF Token To Jump From 0.90$ To 374.25$ Per Token!
CTF Token Has A Total Supply Of Only 120M Token.
FOLLOW FOR MORE.❤️
👍 — if you agree!
❤if you find this information helpful, consider supporting me through the Binance Tipping feature. Your generosity helps me provide quality content. thanks 🙏
$XRP God Candle Loading 💥💥🚀
#XRP #Japan #XRPL #realmabbaskhan
1. This Is How JAPAN Will Use #XRPledger To Settle Money From A To B. This Process Will Take Less Than 4 Seconds.
2. 🚨🚨 Rumours In The XRPCommunity That Judge Torres Will Accept Ripple's Offer Paying 10 Million Dollars Fine To Settle The Lawsuit.
3. $XRP Is Not Just A Crypto Currency But It's The Heart Of The New Financial System.
4. Look At The XRPL Activity, It’s At Record High! The Top Defi Token On XRPL, TokenCTF Is Pumping Like Crazy. Jumped From 0.30$ to 0.90$ In 6 Weeks. But Thats Not Even The Best Part. It Literally Only Takes 10B$ Mc For CTF Token To Jump From 0.90$ To 374.25$ Per Token!
CTF Token Has A Total Supply Of Only 120M Token.
FOLLOW FOR MORE.❤️
👍 — if you agree!
❤if you find this information helpful, consider supporting me through the Binance Tipping feature. Your generosity helps me provide quality content. thanks 🙏
$XRP God Candle Loading 💥💥🚀
#XRP #Japan #XRPL #realmabbaskhan
According to James Murphy, a highly respected lawyer specializing in #XRP , there's a strong possibility that Judge Torres will reject the SEC's proposed $2 billion fine against Ripple! This could be a major turning point in the lawsuit!
But wait, there's more exciting news! It seems like the lawsuit might be coming to an end soon, with a potential settlement and final ruling expected by May 20th! This could bring some much-needed clarity to the situation.
Now, if you're on the lookout for the ultimate #XRPL token that not only offers great potential but also provides a unique opportunity for passive income.
Follow for more.✋
👍 — if you agree!
❤if you find this information helpful, consider supporting me through the Binance Tipping feature. Your generosity helps me provide quality content. thanks 🙏
$XRP #notcoin #BBMegadrop #XRPVSSEC
But wait, there's more exciting news! It seems like the lawsuit might be coming to an end soon, with a potential settlement and final ruling expected by May 20th! This could bring some much-needed clarity to the situation.
Now, if you're on the lookout for the ultimate #XRPL token that not only offers great potential but also provides a unique opportunity for passive income.
Follow for more.✋
👍 — if you agree!
❤if you find this information helpful, consider supporting me through the Binance Tipping feature. Your generosity helps me provide quality content. thanks 🙏
$XRP #notcoin #BBMegadrop #XRPVSSEC
🚨JUST IN: SEC DROPS LAWSUIT ON ETHEREUM AND HINTS AT ENDING RIPPLE-SEC LAWSUIT FOR $XRP!
Currently priced at just $0.79, the #CTF Token is projected to surge to over $1,497, even with a market cap of just $40 billion. This is minimal given the potential transaction volume of $30-$50 trillion
The #XRP Ledger is expected to manage between $30 trillion and $50 trillion by 2025, with all transactions transitioning into the CTF Token, the premier and exclusive DeFi token on the #XRPL
Currently priced at just $0.79, the #CTF Token is projected to surge to over $1,497, even with a market cap of just $40 billion. This is minimal given the potential transaction volume of $30-$50 trillion
The #XRP Ledger is expected to manage between $30 trillion and $50 trillion by 2025, with all transactions transitioning into the CTF Token, the premier and exclusive DeFi token on the #XRPL
Ripple-Backed XRPL’s Aims To Provide Digital Payment Infrastructure For Central Banks And Financial
According to Messari, the XRP Ledger (XRPL), backed by Ripple, is aiming to provide a digital payment infrastructure not only for individuals but also for central banks and other financial institutions. This comes despite the external pressure being applied by U.S. regulatory authorities.
The XRPL uses a unique Proof-of-Association (PoA) consensus algorithm, where each node sets a list of trusted nodes to rely on for consensus. Validators participate in reaching consensus and voting on improvement proposals, while stock nodes receive, relay, and process transactions. The nodes rely on their UNL to finalize the state, with new blocks created every 3-5 seconds through consensus and validation stages that require 80% thresholds.
One of the key features of XRPL is its Issued Currencies (IOUs), which allow for functionality with multiple assets. The Authorized Trust Lines feature enables issuers to choose which wallets can interact with their tokens, and a central limit order book supports low-liquidity IOUs.
Despite the ongoing scrutiny and regulatory pressure, the XRPL’s potential to provide digital payment infrastructure for traditional financial entities remains a significant advantage. However, it remains to be seen how the regulatory landscape will develop and impact the future of the XRPL and other digital payment infrastructures.
#Ripple #XRP #XRPL #azcoinnews #azcoin
This article was republished from azcoinnews.com
The XRPL uses a unique Proof-of-Association (PoA) consensus algorithm, where each node sets a list of trusted nodes to rely on for consensus. Validators participate in reaching consensus and voting on improvement proposals, while stock nodes receive, relay, and process transactions. The nodes rely on their UNL to finalize the state, with new blocks created every 3-5 seconds through consensus and validation stages that require 80% thresholds.
One of the key features of XRPL is its Issued Currencies (IOUs), which allow for functionality with multiple assets. The Authorized Trust Lines feature enables issuers to choose which wallets can interact with their tokens, and a central limit order book supports low-liquidity IOUs.
Despite the ongoing scrutiny and regulatory pressure, the XRPL’s potential to provide digital payment infrastructure for traditional financial entities remains a significant advantage. However, it remains to be seen how the regulatory landscape will develop and impact the future of the XRPL and other digital payment infrastructures.
#Ripple #XRP #XRPL #azcoinnews #azcoin
This article was republished from azcoinnews.com
XRP: Potential Price Blastoff (Maybe)
XRP's been down lately, but a special Bollinger bands indicator is hinting at a BIG price move! Some say it could reach $270, but analysts predict more realistic gains between $9.50-$17. Bullish on #XRP ? Retweet & DYOR beforeinvesting in Crypto#XRPL #Cryptocurrency
Note: This is not financial advice, invest responsibily and beware of instability and risk involved in crypto market.
XRP's been down lately, but a special Bollinger bands indicator is hinting at a BIG price move! Some say it could reach $270, but analysts predict more realistic gains between $9.50-$17. Bullish on #XRP ? Retweet & DYOR beforeinvesting in Crypto#XRPL #Cryptocurrency
Note: This is not financial advice, invest responsibily and beware of instability and risk involved in crypto market.
