Ripple Execs Celebrate XRPL 14th Anniversary, Credit XRP Holders for Network’s Success


Ripple executives took to X to celebrate the XRP Ledger’s (XRPL) 14th anniversary, reflecting on the network’s success over the years.

Yesterday, the XRP Ledger community marked 14 years since the network’s early foundations were established. To commemorate the milestone, Ripple CTO Emeritus David Schwartz shared a reflective message highlighting the collaborative journey behind the XRP ecosystem’s growth.

Meanwhile, Ripple CEO Brad Garlinghouse also joined the celebration, emphasizing the enduring strength of the XRP community. 

Key Points

  • The XRP Ledger community recently celebrated the network’s 14th anniversary.
  • Ripple CTO Emeritus emphasized that XRPL’s success was driven by its community members and developers. 
  • Ripple CEO Brad Garlinghouse also joined the anniversary, describing his support for XRP as an honor of a lifetime. 
  • Since launch, XRPL has processed over 4.41 billion transactions, including roughly 1.92 million transactions in a single recent day. 

Ripple CTO Emeritus Celebrates XRPL’s 14-Year Anniversary 

In his statement on X, Schwartz revisited the original vision behind the XRP Ledger. According to him, the project began with a simple goal, which revolved around building a better system for moving value globally.

However, he stressed that the project expanded beyond the contributions of its founders. In his view, XRP and the XRP Ledger did not succeed solely because of the three XRPL founders—Arthur Britto, Jed McCaleb, and Schwartz himself. Instead, he credited the broader ecosystem that formed around the network over the years, including developers, validators, businesses, and community members.

Schwartz praised the community for “helping to shape XRP into what it is today.” Notably, his comments resonated across the XRP ecosystem, with many supporters reflecting on XRPL’s resilience and longevity within the rapidly evolving crypto industry.

Ripple CEO Joins Celebration

Reacting to the post, Ripple CEO Brad Garlinghouse also commemorated the milestone, describing his longstanding support for XRP as “the honor of a lifetime.”

His remarks further reinforced his deep connection to the XRP ecosystem, which he has consistently highlighted over the years. Beyond making bullish remarks about XRP, Garlinghouse also famously has the XRP logo tattooed on his right upper arm.

Additionally, he continues to reassure the community that Ripple’s initiatives aim to strengthen XRP’s long-term growth. These efforts include strategic partnerships, acquisitions, and new product launches designed to expand the ecosystem.

Anniversary Revives XRPL’s Early History

The anniversary also reignited discussions surrounding the XRP Ledger’s earliest development history. Popular XRPL dUNL validator Vet highlighted one of the first known code contributions made by Jed McCaleb on October 14, 2011, with the network eventually launching in June 2012.

According to Vet, McCaleb used a variable called “Faith” alongside a comment that stated: “You have to accept the First Ledger (Genesis) on Faith.”

He described the moment as symbolic of the belief required during XRPL’s earliest stages. Referencing the comment, Vet emphasized that the project simply required “a leap of faith.” 

Jed McCaleb’s first XRPL code

XRPL Continues to Expand After 14 Years

Fourteen years after its creation, the XRP Ledger remains one of the crypto industry’s longest-running blockchain networks.

Over time, the network has expanded far beyond its original payment-focused vision. Today, the network supports cross-border payment infrastructure, institutional blockchain applications, and even tokenization. 

As a result, the network has attracted major institutions that continue to leverage its technology. One notable example is Japan’s financial giant SBI, which launched a fully regulated token issuance platform on the XRP Ledger.

XRPL Transaction Volume Surpasses 4.4B 

Meanwhile, XRPL’s network activity continues to demonstrate significant adoption. According to Dune Analytics, XRPL has processed more than 4.41 billion transactions since inception, with 1.92 million transactions processed yesterday alone. 

XRPL Transaction Metric
XRPL Transaction Metrics

At the same time, XRP remains one of the world’s largest cryptocurrencies by market capitalization. The asset currently ranks fifth globally, with a market valuation of approximately $76.02 billion and a unit price of $1.22.

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.





Source link

spot_imgspot_imgspot_img

Latest articles

Related articles

Leave a reply

Please enter your comment!
Please enter your name here

spot_imgspot_img