Next 24 Hours Crucial for XRP Ledger: Reason

A major reverse account is currently activated, with XRPL set to hit 100 million books in less than 24 hours.

XRP Ledger explorer xrpscan tweeted about the countdown in a recent tweet: “Less than 24 hours left for 100 million records,” he wrote.

According to xrpscanThe current count of XRP Ledger is 99,982,245, remaining about 17,755 to reach 100 million. The ticking countdown timer on the xrpscan website indicates less than 19 hours to reach the milestone of 100 million books.

XRP Ledger launched in June 2012 by the trio of David Schwartz, Jed McCaleb and Arthur Britto, who, fascinated by Bitcoin, sought to create a more sustainable system to send value.

Fast forward 13 years, and XRPL is on the brink of 100 million successful Ledgers, showing its resilience and strength.

XRP Ledger is gaining momentum

XRP Ledger continues to gain momentum as real-world assets (RWA) and stablecoin issuance hit all-time highs.

According to a recent report by Messari, XRPL closed Q3 with a RWA market capitalization of $364.2 million, which marks a quarterly increase of 215% as issuance increases for RWA such as Ondo’s OUSG tokenized treasury fund, Guggenheim’s Digital Commercial Paper and tokenized real estate issued by Ctrl Alt.

Ripple’s USD pegged stablecoin, RLUSD, has surpassed $1 billion in combined market cap on XRPL and Ethereum less than a year after its launch.

RippleX software engineer Mayukha Vadari reveals recent updates to Smart Escrow Devnet, which is now in its seventh version, which is well into the review and testing phase. Considerable progress has been made since the initial announcement of the introduction of advanced programmability, via native smart contracts in September 2024.