- Keller stated that XRPL has grown thanks to NFTs, AMMs, RLUSD, and more involved builders.
- He says XRPL now supports layered products that hold up under actual use.
- Earlier this month, the XRP Ledger hit a record of over $3.5 billion in tokenized RWAs.
Daniel Keller, an XRP Ledger builder and long‑time contributor, has opened up the debate over where the XRP Ledger is headed, especially as developers focus more on building infrastructure than chasing short‑term price moves.
In a post on X, Keller said his bullish take on XRPL isn’t about hype or price swings, but about years of “operational pain, product iteration, ecosystem evolution, and public scrutiny.” He stated that XRPL has grown thanks to NFTs, AMMs, the RLUSD stablecoin, and more builders getting involved, all while keeping its core rails solid.
Keller mentioned he was bullish in the early years, then bearish, and now again bullish. He attributed his bullish sentiment again to real merit, as the ledger now supports layered products that hold up under actual use and provide real leverage.
The long-time contributor said that he is now much more interested in collaborations and creator economics, stating that XRPL is great for moving value quickly and transparently, and that products like this can turn that into repeat usage from real people.
XRPL’s Growth
Keller’s comments arrive as XRPL goes through one of its biggest growth phases since it first launched. Over the last year, developers have poured energy into DeFi, tokenization, smart contracts, privacy tools, cross‑chain connections, and systems for institutional payments.
At the beginning of this year, RippleX’s engineering leaders had already called 2026 a turning point for the network, with notable upgrades in programmability and zero‑knowledge cross‑chain technology.
A big part of why devs are tuning into XRPL is the ecosystem of builders that’s growing around it. In fact, XRPL’s community has grown from being mostly Ripple‑driven to a wider mix of independent devs, accelerators, regional groups, and VC‑backed startups.
This development is particularly notable because one of the long-standing criticisms of XRPL has been its perceived reliance on Ripple Labs.
Another major reason for the fresh optimism is XRPL’s growing role in tokenizing assets and serving institutional finance. For instance, earlier this month, the XRP Ledger hit a record of over $3.5 billion in tokenized RWAs.
Related: XRP Ledger Upgrade Deadline Nears With 40% Network Updated
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