@unknowDLT It was created to commemorate XRPL hitting 100 TPS. When we commissioned it, $XRP was around 30 cents. By the time we got it, $XRP was $1. So everyone thought that's what $XRP at 100 meant and we just went with it.
— David 'JoelKatz' Schwartz (@JoelKatz) October 30, 2026
Schwartz responded that the T-shirt was created to commemorate XRPL hitting 100 TPS. "When the T-shirt was commissioned, $XRP was around 30 cents. By the time we got it, $XRP was $1," Schwartz further explained.
The timing caused some members of the $XRP community to assume the "100" on the shirt referred to $XRP reaching a price of $1 rather than the network's transaction speed.
"So everyone thought that's what $XRP at 100 meant and we just went with it," Schwartz added.
$XRP Ledger throughput boost
In the X discussion, the Ripple CTO Emeritus did not share exact details on the time when the T-shirt was commissioned.
$XRP also traded around 30 cents ($0.30) at several points in its price history, so it may be hard to know exactly when, in the context of the Ripple CTO Emeritus's post. A walk-through of the $XRP Ledger throughput chronology may provide a hint.
When performance testing began in February 2015, the $XRP Ledger sustained 80 transactions per second. Incremental improvements were made over time as opportunities were uncovered.
Between March and June 2015, the $XRP Ledger sustained between 120 and 490 transactions per second. In October 2015, XRPL saw a major throughput boost to 525 transactions per second, and in the following year, this nearly doubled to 1,100 transactions per second.
In July 2017, $XRP was demonstrated to sustain a throughput of 1,500 transactions per second, which remains so to this day.