The XRP Ledger (XRPL) is on the verge of reaching its 100 millionth ledger, currently standing at 99,825,596. The network, which processes 17.1 transactions per second, has burned over 14.2 million XRP in transaction fees. Analysts suggest that the price of XRP could climb to $3.15, driven by increasing institutional adoption.
Ripple has recently expanded its capabilities by acquiring Hidden Road and launching Ripple Prime, marking it as the first crypto firm to offer a global, multi-asset prime brokerage. Additionally, XRPL's protocol-level automated market makers (AMMs) are noted for providing faster and more secure transactions compared to Ethereum's smart contract-based approach.
XRPL Approaches 100 Million Ledgers as XRP Targets $3.15
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