In 2023, developers forked the XRP Ledger to create Xahau, adding Hooks, a lightweight smart contract system the original validators rejected. Now, the XRP Ledger is launching its own programmability layer with WebAssembly-based Smart Escrows and a drafted general smart contract specification influenced by both Hooks and Ethereum's EVM. This creates three competing smart contract architectures within the XRP ecosystem: Xahau's Hooks, the XRPL EVM sidechain's Solidity, and native WebAssembly on the main ledger. The key question is how Xahau's token (XAH) will fare once the parent chain activates these capabilities, as governance models and ecosystem liquidity will influence developer and investor choices.
Lawyer Bill Morgan criticized Ripple's XRP escrow practice, arguing that instead of returning unused monthly token releases to escrow, Ripple could have distributed them. Ripple set up 55 billion XRP in 55 contracts in December 2017, each holding 1 b...
Crypto commentator Zach Rector suggests that current complaints about XRP's price could be a contrarian indicator, meaning frustration might precede a price increase. XRP was noted at $1.25 as of Nov. 2 in a daily price table, but this is not a trade...
In the past 24 hours, Bitcoin (BTC) and Solana (SOL) experienced net inflows of $52.31 million and $34.23 million respectively, indicating increased investor interest. Meanwhile, Ethereum (ETH) saw the largest net outflow of $39.61 million, suggestin...
Dogecoin (DOGE) saw the largest 24-hour increase in futures open interest, rising 2.43% to $197.2 million, with a high funding rate of 0.0100% per eight hours, indicating strong long position dominance at 71.6%. In contrast, Bitcoin and Ether experie...
In October, the RLUSD stablecoin supply on the XRP Ledger sharply declined by $284 million, dropping about 28.7% to 707 million tokens. This reduction was due to large transactions returning RLUSD to its issuer, though the exact reasons remain unclea...
