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XRP jumps 17% as Ripple backs key XRP Ledger upgrade moving closer to validator approval.

Protocol Fundamentals
21 Aug 2026
Crypto news
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Bullish
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XRP surged 17% to $1.43 following Ripple's support for the PermissionDelegationV1_1 amendment, a key part of the XRP Ledger's version 3.3.0 upgrade. This amendment would allow limited account authority, enabling regulated institutions to delegate transaction permissions without full control. The proposal now requires over 80% validator approval for two weeks to activate, with current support from 7 of 35 validators. Meanwhile, XRP ETFs in the U.S. saw $13.24 million in net inflows, and futures open interest rose, reflecting growing market interest amid a broader crypto rebound.

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