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 Escrow allows programmable conditions on fund releases, enabling complex use cases like compliance checks and real estate deals. Developers continue testing before the official launch, signaling growing programmability on the XRP Ledger.
XRP trades at Rp26.921 on Pluang as of Oct 06, 2026 03:44 WIB, showing a modest 0.16% gain in the last day. The market cap stands at Rp1.694,45 trillion with a 24-hour trading volume of Rp44,64 trillion. The recent update on the XRP Ledger's Smart Escrow feature coincides with a balanced Pluang order activity of 46% Sell and 54% Buy, reflecting steady investor interest.
Veteran trader Peter Brandt highlighted a possible bullish cup-and-handle pattern forming on XRP's daily chart, suggesting a potential breakout above the $1.6572 resistance level. Currently trading around $1.5230, XRP would need to rise about 8.8% to...
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 increas...
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...
