The crypto world is buzzing with excitement after a recent tweet from mert | helius.dev (@0xMert_) dropped a bombshell: XRP has accounted for a higher percentage of Coinbase trading revenue than both Ethereum (ETH) and Solana (SOL). This revelation, based on Coinbase’s latest earnings report, has sparked a wave of reactions across the X platform, with users marveling at XRP’s unexpected dominance. Let’s dive into what this means and why XRP holders might just be “built different,” as mert put it.

Why Is XRP Leading the Pack?

For those new to crypto, XRP is a cryptocurrency created by Ripple Labs, designed to facilitate fast and low-cost international payments. Unlike Ethereum or Solana, which are more general-purpose blockchains supporting a wide range of decentralized apps, XRP’s focus on payment efficiency seems to be paying off in trading volume. According to dlnews.com, XRP’s value surged 458% on Coinbase over the past year, contributing 18% to the exchange’s consumer trading revenue—outpacing ETH and SOL combined.

This surge is even more impressive considering Coinbase suspended XRP trading for two years until July 2023 due to regulatory uncertainties. The fact that XRP has bounced back so strongly suggests growing confidence in its utility, especially after favorable court rulings for Ripple. If you’re wondering about its current standing, coinmarketcap.com reports XRP’s price at $3.05 USD as of late July 2025, with a robust market cap ranking it third globally.

What the X Community Is Saying

The thread following mert’s tweet is a goldmine of reactions. Users like Izzy (@tradorizzy) shared a quirky image of a hat in a box (check it out below), perhaps hinting at the unexpected nature of XRP’s rise. Meanwhile, KingCTO (@mrbullrun2324) and others pointed to niche trends like $WIF and $ACHI hats at auctions, showing how meme culture intersects with crypto hype. Comments like “XRP is the most underrated chain” from Raffael (@Raffael_AI) and “every person new to crypto over 40 buys XRP” from yuki (@Tomchaki) highlight the coin’s broad appeal.

The Bigger Picture for XRP

So, what’s driving this XRP frenzy? Beyond Coinbase’s earnings, fxleaders.com notes a 250% year-on-year increase in Ripple’s custody clients, signaling strong institutional adoption. XRP’s ledger offers unique perks like low transaction costs ($0.0002) and quick settlement (3-5 seconds), making it a favorite for payments and even emerging use cases like DeFi and NFTs. This efficiency, paired with Ripple’s push into tokenized assets, could explain why traders are flocking to XRP.

What This Means for Meme Token Enthusiasts

At Meme Insider, we’re always on the lookout for how mainstream crypto trends influence the meme token space. While XRP itself isn’t a meme coin, its success could inspire new token projects leveraging its ledger for fast, cheap transactions. Imagine a meme token with XRP’s speed—could we see the next Dogecoin or Shiba Inu rise from the XRP ecosystem? Keep an eye on this space, as the lines between utility coins and meme coins continue to blur.

Final Thoughts

XRP’s outperformance on Coinbase is a testament to its resilience and growing utility in the crypto market. Whether you’re a seasoned trader or just dipping your toes into blockchain, this development is worth watching. What do you think—will XRP keep climbing, or is this just a temporary spike? Drop your thoughts in the comments, and stay tuned to Meme Insider for more updates on the wild world of crypto and meme tokens!