The XRP Ledger has just received a fresh update.

crypthub

about 18 hours ago

XRPL Update Overview

The XRP Ledger was upgraded on May 27 with amendment fixCleanup3_1_3. It patches NFT offers, vault mechanics, permissioned domains, and lending limits. Expired NFTokenOffer entries were cleared, improving query performance. New security rules tighten permissioned domains and enhance vault withdrawals. The changes also resolve trust‑line caps in the lending protocol.

Validator Impact and Governance

Validators running rippled 3.1.3 automatically voted “yes” because the amendment defaults to approval. Nodes that missed the upgrade can no longer join consensus or process transactions. The amendment required 80 % validator support to activate, ensuring network stability. Successful adoption signals confidence in XRPL’s governance model. Developers are monitoring participation as the network expands.

Market Reaction

Despite the technical upgrade, XRP’s price stayed flat, down 0.8 % at $1.33. Trading volume jumped nearly 50 % in the day. XRP trades within a $1.30‑$1.36 range, with a 7‑day RSI near 30, hinting at oversold conditions. A break below $1.30 could push the next support level to $1.25. Overall movement appears driven by broader crypto sentiment, not the XRPL patch.

Outlook

Future price direction hinges on Bitcoin holding above $75,000 and upcoming U.S. PCE inflation data. Those factors will shape Fed policy expectations and risk appetite. Continued validator compliance will further bolster network stability. Investors watch both macro cues and XRPL’s roadmap for cues.