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XRP Community Splits Over Plan To Store Files Onchain $XRP Ledger developers are debating a proposal to expand transaction Memo capacity from 1 KB to about 1.3 MB. The change could let users store images, PDFs, music, videos and software directly onchain. Supporters argue

Developers of the XRP Ledger are debating a proposal to increase the transaction Memo size from 1 KB to roughly 1.3 MB, which would allow users to store images, PDFs, music, videos and software directly on the blockchain.

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What happened

Developers of the XRP Ledger are debating a proposal to increase the transaction Memo size from 1 KB to roughly 1.3 MB, which would allow users to store images, PDFs, music, videos and software directly on the blockchain.

Confirmed

Global impact / market context

If approved, the larger Memo could turn the XRP Ledger into a low‑cost data‑storage layer, attracting new use cases and developers, but it also raises concerns about network load and storage costs for validators.

Analyst inference

The debate comes as other blockchains explore on‑chain storage solutions, and investors watch XRP’s utility beyond payments; any change could influence the token’s demand and perception of its technical versatility.

Analyst inference

What to watch

  1. The outcome of the XRP Ledger governance vote on the Memo size increase, which will determine whether the proposal moves forward. Proposed
  2. Feedback from validator operators about the impact of larger Memos on node storage and bandwidth requirements. Proposed
  3. Early adoption by developers or projects that begin storing files on‑chain, signaling market interest and potential revenue streams for the ecosystem. Analyst inference

Affected assets

  • XRP — XRP

Evidence