According to a tweet from the official X account of XRPScan, XRPL is expanding at a nearly irregular rate, and its most recent milestone has been announced. As previously mentioned, XRPL has now finished its 83 millionth ledger, signalling an extremely rapid era of protocol expansion that is historic.
https://x.com/xrpscan/status/1709824307797393747?s=20
The Ripple and larger XRP ecosystem’s centre for smart contracts is the XRPL. Since it has long been in an evolutionary trend, the XRPL has been setting new standards for acceptance, improvements, and possible applications that might be added to the ledger.
The XRPL has developed into a significant platform for XRP holders to demonstrate their commitment by using the currency. In an effort to provide value to its community, XRPL has been launching specialised non-fungible token (NFT) features and decentralised finance (DeFi) services at the right times.
Although there are a good number of products available to XRP holders on the XRPL, there has been a clear focus on improving practically every part of the protocol. Notably, the XRPL attempts to service token issuers who are known to have extremely broad legal constraints with regard to their involvement in the ecosystem, and a key Clawback feature is presently up for voting.
Benefit from massive promotion
Like Elon Musk, who is well-known for being the largest supporter of Dogecoin (DOGE) and other meme currencies with Shiba Inu themes, Ripple CTO David Schwartz is well-known for being the biggest supporter of the XRPL and everything it has to offer.
Ripple Labs is steadily emphasising how the XRP Ledger can support a new age of improved decentralised operations spanning several industries as it shifts its attention towards a balanced ecosystem.
The 83 millionth ledger has officially been closed, bringing us closer to the next significant milestone of 85 million. Overall, because of its increasing utility and associated demand over time, XRP’s growth may be boosted.
