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XRP Ledger proposes SponsoredAccountCreate to open wallets without holding XRP.

28 Oct 2026, 16:14 WIB
Blockonomi
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Bullish
XRP Ledger proposes SponsoredAccountCreate to open wallets without holding XRP.

Developers on the XRP Ledger have proposed SponsoredAccountCreate, allowing new wallets to be opened without requiring each to hold XRP. Instead, a sponsoring account would cover the network's reserve requirements, enabling businesses to create many wallets without locking up XRP in each. This change could boost payment app flexibility and reduce capital tied up in reserves. The proposal still needs more validator votes for activation and is under review for technical issues.

XRP is trading at Rp23.919 on Pluang with a modest 1-day gain of 0.82%, showing steady interest despite the ongoing proposal for deposit-free wallets. Market activity leans more toward selling, with 65% of orders as of Oct 28, 2026 20:22 WIB, while typical holders keep XRP for about 72 days.

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