BANANA
$BANANA is a meme token on the XRP Ledger, launched on December 18, 2024, with a 6.94 trillion supply. Rooted in XRPL’s lore, it features The Banana Collective, a premium 1/1 NFT collection, with proceeds split to fund AMM liquidity.
Socials
Links
Chains
XRPL
Categories
Meme
Token
About BANANA
$BANANA is a meme token on the XRP Ledger, launched on December 18, 2024, with a 6.94 trillion supply. Rooted in XRPL’s lore, it features The Banana Collective, a premium 1/1 NFT collection, with proceeds split to fund AMM liquidity. The Peel Engineer tool allows community-driven pixel art creation. With no dev allocation, $BANANA emphasizes community trading and engagement, leveraging XRPL’s fast, low-cost transactions for a vibrant, speculative ecosystem.
About the XRP Ledger
The XRP Ledger (XRPL) is a decentralized, open-source blockchain launched in 2012, designed for fast, low-cost, and scalable transactions, primarily for payments and tokenization. It processes over 3.3 billion transactions with a 3-5 second settlement time and supports up to 1,500 transactions per second (TPS) at minimal fees. XRPL uses a Proof of Association (PoA) consensus mechanism, relying on a network of trusted validators. XRP, the native token, facilitates transactions and liquidity across the ecosystem.
About the XRPL EVM Sidechain
The XRPL EVM Sidechain, launched on mainnet June 30, 2025, introduces Ethereum-compatible smart contracts to the XRPL ecosystem, enhancing its capabilities without altering the mainnet’s efficiency. Developed by Ripple and Peersyst Technology, it uses XRP as the native gas token, supports 1,000 TPS with 3.4-second block times, and connects to over 80 blockchains via the Axelar bridge, with Wormhole integration planned. It enables developers to deploy Ethereum-based decentralized applications (dApps) using tools like Solidity, MetaMask, and Hardhat, targeting DeFi, lending, tokenization, and payments.