XRPL Achieves Milestone with Over 63 Million Continuous Ledgers
David Schwartz, Ripple’s Chief Technology Officer, recently confirmed that the XRP Ledger has maintained continuous operation for over 10 years, processing more than 63 million ledgers without interruption. This longevity demonstrates the network’s reliability, which Schwartz emphasized is crucial for financial institutions considering blockchain adoption.
He pointed out that XRP’s transaction costs remain exceptionally low—just fractions of a penny per transaction—making it practical for banks and payment providers. RippleNet data shows over 100 financial institutions currently using XRP solutions for cross-border settlements, including major players like Santander and Bank of America. Schwartz hinted that at least one bank is preparing to operate entirely on XRPL, signaling growing institutional confidence in the technology.
Regulatory Clarity Drives Institutional Inflows
The regulatory landscape has shifted significantly since Ripple’s settlement with the SEC in March 2025. This clarity appears to be attracting fresh institutional investment into XRP. Current market data places XRP at position 90 by market capitalization, with network activity showing consistent growth in both wallet creation and transaction volume.
Schwartz highlighted Ripple USD, a USD-pegged stablecoin, as a key component for liquidity management. This stablecoin allows seamless transitions between yield-generating assets and stable value storage. Meanwhile, the Hooks Amendment introduces smart contract-like functionality through lightweight WebAssembly modules, currently available on community testnets.
XBONK Partnerships Expand XRPL’s Retail Reach
The XRPL-based memecoin XBONK has formalized partnerships with several major exchanges including FirstLedger, Bitrue, MEXC, and Gate.io. These integrations significantly improve accessibility for retail users and enhance liquidity across centralized trading platforms. Additional collaborations with Walmart and Binance aim to position XBONK as a utility-focused memecoin within the broader XRPL economy.
What’s interesting here is how XBONK leverages XRPL’s low-cost infrastructure while circulating 77 trillion tokens. This combination of massive token supply and minimal transaction fees creates unique conditions for memecoin culture to flourish without the gas fee barriers common on other networks.
Institutional Adoption Accelerates with Franklin Templeton Move
Franklin Templeton’s decision to use XRPL for securities tokenization represents another significant institutional endorsement. The asset management giant cited XRPL’s scalability and cost-effectiveness as key factors in their choice. This development complements RippleNet’s existing banking partnerships while aligning with retail-driven assets like XBONK.
Perhaps what’s most notable is the dual momentum building around XRPL. On one side, you have traditional finance adopting XRP for payment settlements. On the other, memecoin culture is driving retail engagement and liquidity. This combination suggests XRPL is finding utility across both institutional and consumer markets simultaneously.
The integration of ISO 20022 messaging standards further positions XRPL as compatible with international banking requirements, potentially easing adoption by financial institutions that must comply with existing regulatory frameworks. As these developments continue, XRPL appears to be carving out a unique position bridging traditional finance and emerging digital asset ecosystems.
