The XRP Ledger's native lending system proposal has reached 60% validator approval, with 21 out of 35 validators supporting it. This upgrade, known as XLS-66, would enable fixed-term loans on-chain using pooled digital assets, expanding XRPL's use beyond payments. However, it requires 29 validator votes and continuous approval for two weeks to activate, and currently remains 8 votes short. The system supports uncollateralized loans with off-chain risk management, aiming to attract institutional credit markets, but activation timing remains uncertain due to fluctuating validator support.
The XRP Ledger's lending proposal gaining 60% validator support highlights ongoing developments in the XRP ecosystem. On Pluang, XRP trades at Rp21.435 with a 1-day change of -4.94% as of Nov 06, 2026 23:02 WIB. The market cap stands at Rp1.357,54 trillion, while trading volume reached Rp61,09 trillion, showing active market participation despite the price dip.
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