David Schwartz, Ripple's CTO emeritus, criticized the use of fee revenue as a performance metric for blockchains, arguing it overlooks the cost burden on users who pay transaction fees. This came in response to a suggestion on social media to increase XRP Ledger transaction fees by 10 to 100 times to burn more XRP tokens. Schwartz emphasized that higher fees represent friction the blockchain fails to remove and questioned whose interests such fee increases serve, highlighting the difference between income for fee collectors and expenses for users. The proposal to raise fees is subject to consensus among XRP Ledger validators and aims to increase token burns rather than generate income for validators, balancing the trade-off between higher burns and maintaining low transaction costs to support adoption.
XRP is trading at Rp26,966 on Pluang, down 0.74% over the past day as of Oct 06, 2026 07:02 WIB. The token's market cap stands at Rp1.707,3 trillion with a 24-hour trading volume of Rp41,07 trillion, while typical holders keep their XRP for about 71 days. The current market activity shows a slight buying interest with 54% of orders as buys.
The XRP Ledger has progressed toward launching its Smart Escrow feature by releasing the ninth Devnet update. This update includes a major backend shift from C++ to Rust for the WebAssembly virtual machine, boosting performance by 30-50%. Smart Escro...
Documents from financial institutions show XRP and Stellar Lumens (XLM) are categorized as specialized blockchain protocols designed for banks and institutional finance, unlike Bitcoin and Ethereum which serve broader public networks. These protocols...
The SEC and CFTC have jointly classified Bitcoin, Ether, Solana, Stellar, Tezos, and XRP as digital commodities, placing them under the Commodity Futures Trading Commission's regulatory oversight rather than the SEC's. This classification stems from ...
Ripple announced plans to move its customer payment volume onto the XRP Ledger (XRPL) by 2027 and to expand a pilot program using the ledger's decentralized exchange. At XRP Seoul 2026, Ripple's President Monica Long revealed a proposal to connect Ri...
Ripple announced plans to move customer payment volume onto the XRP Ledger (XRPL) in 2027, aiming to expand payment pilots and integrate lending pools funded by XRP. This would make XRP a source of income for businesses, beyond just transferring mone...
