XRP’s Massive Rise Spurs Meme Coin Frenzy on XRPL

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The recent explosive rally of XRP has done more than just solidify its status as one of the top cryptocurrencies by market capitalization—it has ignited a vibrant new wave of activity across the XRP Ledger (XRPL). As retail investors and crypto enthusiasts ride the momentum, a surprising trend is emerging: the rapid rise of meme coins built on XRPL.

What was once a niche ecosystem focused primarily on fast, low-cost transactions is now becoming a breeding ground for speculative digital assets. Inspired by community-driven movements and social media virality, meme coins like ARMY, BEAR, and MAG are surging in value, drawing attention from traders and skeptics alike.


The Meme Coin Explosion on XRPL

XRP’s staggering 400% increase over the past month has created a ripple effect throughout its native blockchain. While XRP itself now ranks among the top three cryptocurrencies by market cap—briefly surpassing $150 billion—its success has catalyzed a parallel surge in decentralized applications and tokens on the XRP Ledger.

At the forefront of this trend is ARMY, a token launched in 2023 as a tribute to the passionate community behind XRP, affectionately known as the XRP Army. In just one week, ARMY’s market cap skyrocketed from under $1 million to an astonishing $90 million. Although it later corrected to around $47 million, early adopters reaped massive rewards.

According to data from DEX Screener, one trader turned a modest $478 investment into over $100,000 in realized profit—with an additional $400,000 still unrealized. Such returns exemplify the high-risk, high-reward nature of meme coin speculation.

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In a recent post on X (formerly Twitter), the ARMY team described the pullback as “healthy,” acknowledging volatility while reaffirming confidence in their long-term vision. They’ve outlined an ambitious roadmap targeting a $589 million market cap next—representing a 2,000% growth—and ultimately aiming for $1.178 billion. If achieved, this would make ARMY the first billion-dollar meme coin on XRPL.

Other notable performers include BEAR and MAG, both of which have entered the top 10 meme coins on XRPL by market cap, each hovering near $30 million. These gains reflect growing interest in leveraging XRPL’s low transaction fees and fast settlement times for decentralized trading and token launches.


How XRPL Compares to Other Meme Coin Hubs

Despite the excitement, XRPL still lags behind more established ecosystems like Solana when it comes to meme coin trading volume and developer activity. Solana has become synonymous with meme coin mania, hosting high-profile tokens like BONK, WIF, and POPCAT, with daily trading volumes often exceeding hundreds of millions of dollars.

By comparison, XRPL’s meme coin market remains relatively nascent. This gap raises questions about sustainability and infrastructure readiness. Critics point to limited decentralized exchange (DEX) options, fewer liquidity pools, and less sophisticated tooling compared to Solana or Ethereum.

Pseudonymous crypto commentator Noodles captured the sentiment on X, calling XRPL meme coin trading “too much even for a degen” like themselves—a nod to the extreme risk involved even by speculative standards.

Still, proponents argue that XRPL’s efficiency and scalability offer untapped potential. With average transaction costs below $0.01 and settlement times under four seconds, the ledger is technically well-suited for microtransactions and high-frequency trading—key components of active meme coin markets.


Institutional Momentum Behind XRP

While retail investors fuel the meme coin frenzy, institutional interest in XRP is also growing. The token is currently trading at $2.63, up 13% in the last 24 hours, though still 31% below its all-time high of $3.84 reached in 2018.

Several macro factors are contributing to renewed confidence:

These developments have helped stabilize XRP’s fundamentals, making it more attractive not only to long-term holders but also to developers building on XRPL.


Frequently Asked Questions (FAQ)

Q: What is driving the surge in XRPL meme coins?
A: The surge is largely driven by XRP’s recent price rally and increased attention on its underlying blockchain. As retail traders seek quick gains, they’re turning to low-cap, community-driven tokens like ARMY and BEAR.

Q: Is ARMY an official Ripple or XRP project?
A: No, ARMY is not affiliated with Ripple or the official XRP project. It is a community-created meme coin inspired by the XRP Army—the passionate supporter base of XRP.

Q: How safe are meme coins on XRPL?
A: Like all meme coins, those on XRPL carry high risk due to volatility, lack of utility, and potential for rug pulls. Always conduct thorough research before investing.

Q: Can XRPL compete with Solana in meme coin trading?
A: Not yet—but it has strong technical advantages. Wider adoption will depend on improving developer tools, liquidity incentives, and DEX innovation.

Q: Are there any decentralized exchanges for trading XRPL meme coins?
A: Yes, platforms like Sologenic and Xumm DEX Aggregator support trading of XRPL-based tokens, though the ecosystem is still evolving.

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Looking Ahead: Potential vs. Hype

The meme coin boom on XRPL highlights both opportunity and caution. On one hand, it demonstrates organic growth within the ecosystem—a sign of increasing engagement beyond institutional use cases. On the other hand, the lack of robust infrastructure and regulatory ambiguity pose real challenges.

For now, much of the momentum is fueled by sentiment rather than utility. Most XRPL meme coins lack clear use cases or long-term development plans beyond community hype. Yet, if projects like ARMY deliver on their roadmap promises—such as launching NFTs, staking mechanisms, or governance models—they could evolve into sustainable ecosystems.

Moreover, Ripple’s continued expansion into cross-border payments and central bank digital currency (CBDC) projects may indirectly benefit XRPL by increasing network usage and credibility.


Final Thoughts

XRP’s meteoric rise has opened the door to a new chapter for its blockchain: one defined not just by efficiency and enterprise adoption, but also by community-driven innovation and speculative energy.

While meme coins remain highly volatile and risky, their emergence signals growing vibrancy within XRPL. Whether this trend leads to lasting development or fades as a short-lived bubble will depend on how quickly builders can turn hype into substance.

As always in crypto, timing, research, and risk management are critical.

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