• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

David Schwartz Launches New Infrastructure for XRP Ledger

user avatar

by Giorgi Kostiuk

8 hours ago


David Schwartz, Ripple's Chief Technology Officer, is once again returning to the infrastructure of XRP Ledger, now on his own terms. He has announced the deployment of a new data center in New York City.

Technical Features of the New Hub

Schwartz reported that the new server will be equipped with an AMD 9950X CPU, 256GB RAM, and high-speed NVMe storage. The operating system will be Ubuntu LTE, and the connection will be unmetered with 10GB. The hub aims to create a reliable public infrastructure with reserved slots for key validators and XRPL applications.

Transaction and Account Growth in XRPL

Over the past month, XRPL recorded more than 70 million new transactions, totaling 3.83 billion. Just last month, there were 13.5 million transactions, averaging 1.8 million per day. The number of accounts on XRPL has now exceeded 7 million, with over 1 million new users registered in 2025.

Legal and Financial Aspects of Ripple

Earlier, Schwartz expressed concerns about stagnation in XRPL usage despite Ripple's collaboration with over 300 banks. He identified regulatory uncertainty as the primary issue, leading to off-chain institutional activity. Ripple CEO Brad Garlinghouse noted that the company has applied for a national bank charter in the U.S., allowing it to bypass traditional banks.

David Schwartz's return to XRPL infrastructure highlights the importance of quality managed solutions to boost activity in the ecosystem, particularly in light of the growing challenges and opportunities in this field.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Bitcoin Mining Difficulty Peaks to Records — Expected Drop in August

chest

Bitcoin mining difficulty has hit all-time highs and is projected to decrease in August, impacting the cryptocurrency market.

user avatarGiorgi Kostiuk

ARK Invest Strengthens Positions in Coinbase and BitMine Amid Market Decline

chest

ARK Invest purchased 94,678 shares of Coinbase despite a sharp price drop. The firm also increased its stake in BitMine Immersion Technologies.

user avatarGiorgi Kostiuk

Bitcoin Price Analysis: August 2025 on the brink of potential changes

chest

Exploring whether Bitcoin will repeat the success of past years in August 2025. An analysis of current data and expert opinions.

user avatarGiorgi Kostiuk

Record Inflows into Crypto ETFs of $12.8 Billion in July 2025

chest

Crypto ETFs attracted $12.8 billion in July 2025, primarily driven by investments in Ethereum ETFs.

user avatarGiorgi Kostiuk

How to Prepare a Successful Token Sale and Avoid Common Pitfalls

chest

Discover key aspects to conducting a successful token sale, from timing to building trust with investors.

user avatarGiorgi Kostiuk

Economic Growth in the U.S.: Trump's Forecast

chest

President Trump anticipates an economic upswing in the U.S. within six months amidst mixed economic data.

user avatarGiorgi Kostiuk

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.