Ripple's engineering director announced significant upgrades to the XRP Ledger set for 2027, aiming to support smart contracts, interbank lending, and commercial bank payments. The overhaul includes 24 amendments costing nearly $5.8 million, focusing on performance improvements and preparing the network for large institutional transactions. This modernization shifts focus from transaction speed to handling complex financial operations, with AI-assisted testing and code optimization ensuring scalability for future use cases like stablecoin transactions and tokenized asset trading.
While Ripple plans a major XRP Ledger upgrade by 2027 to enhance complex financial operations, XRP on Pluang trades at Rp21.004 as of Nov 08, 2026 22:02 WIB, down 0.59% in one day. Its market cap stands at Rp1.338,8 trillion, with a 24-hour volume of Rp15,61 trillion, showing strong buy interest at 72% of order activity. This contrasts with XRP's 64% circulating supply relative to its total, highlighting ongoing liquidity and investor engagement on the platform.
The XRP Ledger currently processes around 1,500 transactions per second (TPS), which is lower than Visa's average of about 8,100 to 8,500 TPS. However, experts highlight that not all transactions require immediate settlement, and solutions like payme...
Korean cryptocurrency markets exhibit significant local trading concentration, with tokens like STX and XRP showing much higher turnover shares domestically compared to global markets. STX's Korean trading share is 21.4 times its global share, while ...
Arbitrum (ARB) saw the largest 24-hour gain among major cryptocurrencies, rising 10.65% to $0.168. Most of the top 90 cryptocurrencies, excluding stablecoins, showed gains, with 67 advancing and 23 declining. Notable increases included Ether.fi (ETHF...
David Schwartz, former CTO of Ripple, downplayed his influence on XRP's price after criticism from crypto investors. Despite XRP trading around $1.16 and losing nearly 50% over the past year, Schwartz acknowledged his impact on the token's price is v...
The XRP Ledger's lending protocol is receiving an update to fix how loan repayments are rounded, ensuring the balance after each payment matches the schedule more precisely. The change, detailed in a Github pull request, adjusts calculations so that ...
