Daily News 19

Tag: XRP Ledger

  • XRP Price Prediction 2029: Where Could XRP Be in 3 Years?

    XRP Price Prediction 2029: Where Could XRP Be in 3 Years?

    XRP Price Prediction 2029: Three Scenarios Shaped by Regulation, Bitcoin Halving, and Quantum Resistance

    XRP closed September 2023 at $0.51 and trades near $1.39 today, representing a 2.7x gain over roughly three years. The prior three-year window, from September 2020 to September 2023, delivered a 2.1x return as XRP climbed from $0.24 to $0.51. Despite these successive rallies, the token has never reclaimed its all-time high of $3.84 set in January 2018. As of mid-2025, XRP approached that peak, touching $3.65 in July before closing the month at $3.02—still 64% below the record.

    With a presidential election, the CLARITY Act legislation, and the April 2028 Bitcoin halving all fixed on the calendar, the next three-year window to September 2029 is largely pre-scheduled. Analysts outline three distinct outcomes depending on which catalysts materialize.

    Historical Context: Two Rallies, No New High

    Judge Analisa Torres ruled in July 2023 that XRP sold on secondary markets is not a security. XRP closed September 2023 at $0.51, three months after that decision. The SEC lawsuit, filed in December 2020, had overhung the token for most of the earlier window. Notably, neither the 2.1x nor the 2.7x rally was driven by payment volume or on-chain utility that consumes XRP. Eight years after the 2018 peak, no significant XRP-burning use case has emerged.

    Scenario 1: XRP Stays Below $2 if CLARITY Act Fails

    The bear case assumes the CLARITY Act—which would split crypto oversight between the SEC and CFTC—fails permanently. It also requires the Federal Reserve to hold rates at 3.75% (the level since December 2025) and the 10-year Treasury yield to remain near 4.95%. At those yields, capital prefers government bonds over crypto.

    Under this regime, spot ETFs stall at roughly 2% of circulating supply. Ripple continues releasing up to one billion XRP monthly from escrow, relocking most but leaving 200–400 million tokens hitting the market each month without sufficient institutional demand to absorb them. XRP would drift between $0.80 and $2.00, roughly the range it has occupied for much of the past five years. The token already tested $1.11 on February 5, 2026, its lowest level in 15 months. A drop to $0.80 would represent a further 42% decline from current prices, leaving buyers at $1.39 with dead money rather than a loss by 2029.

    Scenario 2: XRP Reaches $4–$7 if CLARITY Passes and a Bull Cycle Arrives

    The base case requires two conditions: the CLARITY Act becomes law in 2026 or 2027, and a broad crypto bull cycle—likely triggered by the April 2028 Bitcoin halving and subsequent rate cuts—unfolds before 2029. Historical precedent shows a broad bull market has followed each of the three prior halvings within 12–18 months as capital rotates from Bitcoin into other assets.

    Additional requirements include ETF holdings doubling to 4–5% of supply and the launch of XRPL lending with enough collateral to generate fee revenue, finally giving the network utility beyond payments. With those pieces in place, XRP clears $3.84 and sets a new record between $4 and $7—a 2.9x to 5.0x move from $1.39, compared with the 2.7x achieved from 2023 to 2026.

    However, $7 implies a market capitalization near $440 billion, five times today’s $87.4 billion. Circulating supply has grown from roughly 34 billion at the 2018 peak to 62.87 billion, meaning the same price must now support nearly twice as many tokens.

    Scenario 3: XRP at $10–$20 Requires Institutional Collateral Demand

    The bull case builds on the base scenario but adds a critical new variable: banks and funds must begin using XRP as on-chain collateral at scale. That demand cannot materialize until XRPL lending goes live, creating a market for it. Ripple’s dollar-backed stablecoin, RLUSD, would also need to carry the bulk of value moving across the ledger, and Bitcoin would need a fresh cycle pushing it above $150,000.

    Standard Chartered’s published ladder places $19.60 at the top of this band for 2029, a target the bank has maintained even as XRP fell 62% from its cycle high.

    Quantum Resistance: A Decisive Differentiator

    All three forecasts assume banks still trust the XRP Ledger to settle funds in 2029. Ripple targets 2028 for an XRPL amendment implementing quantum-resistant signatures, which would prevent a sufficiently powerful quantum computer from forging transactions. The urgency increased in September 2026 when the estimated cost to crack Bitcoin’s encryption halved, pulling the quantum threat forward for every chain, including XRP.

    If Ethereum or Bitcoin deploys quantum resistance on mainnet first, XRP’s pitch as the settlement layer for regulated finance weakens. If Ripple delivers first, every scenario above strengthens.

    $3.84 Is the Pivot Level Separating the Outcomes

    The $4–$7 base case is the most actionable framework. It requires the CLARITY Act enacted, one bull cycle within the window, and XRP reclaiming $3.84 before any upside counts. A floor vote on the CLARITY Act provides the fastest signal on the bill’s viability. Passage in 2027 opens the ladder above $3.84; stagnation likely condemns XRP to another three years in the $0.80–$2.00 range, pushing a $4 target to 2032 or beyond.

  • Ripple Stablecoin Executive Identifies $13 Trillion Corporate Treasury Opportunity for RLUSD

    Ripple Stablecoin Executive Identifies $13 Trillion Corporate Treasury Opportunity for RLUSD

    Ripple’s RLUSD stablecoin, launched nearly two years ago, still trails industry leaders Tether’s USDT and Circle’s USDC, yet its growth trajectory is accelerating. According to Token Terminal data, RLUSD’s circulating supply has reached $2.4 billion, marking an increase of more than 50% over the past month. Of that total, approximately $1 billion resides on the XRP Ledger, while $1.4 billion sits on Ethereum.

    Utility and Daily Activity Trump Market Cap

    Ripple emphasizes real-world usage over headline market capitalization. “What’s more exciting to us is the utility and the daily activity,” McDonald said. He noted that RLUSD’s daily activity has more than tripled since the beginning of the year, climbing to roughly $750 million a day last month from about $200 million.

    Payments and Capital Markets Drive Adoption

    Two primary verticals are fueling RLUSD adoption: payments and capital markets.

    • Payments: Ripple has made RLUSD the primary stablecoin in its payments business.
    • Capital markets: The token serves as the cash leg for transactions, settlement, and collateral.

    Ripple has partnered with firms including Franklin Templeton and DBS around tokenized money-market funds and lending. Additionally, RLUSD can be posted as collateral through Ripple Prime, the institutional brokerage business formed from the Hidden Road acquisition.

    Integrated Strategy: Stablecoins Meet Custody, Trading, and Prime Brokerage

    This approach reflects Ripple’s broader push to combine stablecoins with custody, trading, payments, and prime brokerage rather than operate RLUSD as a standalone product.

  • XRP Leads All Blockchains in 2026 RWA Inflows with $3.6B

    XRP Leads All Blockchains in 2026 RWA Inflows with $3.6B

    XRP Ledger Dominates 2026 Real-World Asset Inflows with $3.6 Billion

    The XRP Ledger (XRPL) has recorded the largest real-world asset (RWA) inflow of any blockchain network in 2026, according to data from RWA.xyz, a leading provider of tokenized RWA analytics. The network has attracted $3.6 billion in RWA inflows since the beginning of the year, placing it at the top of the global rankings for 2026.

    XRP Leads Global RWA Rankings Despite Price Weakness

    This milestone comes even as XRP’s price has fallen 27.19% year-to-date, despite an August rebound, while the broader cryptocurrency market remains in a bear phase. The divergence highlights a notable trend: capital continues to flow into the XRPL’s RWA ecosystem even as the native token’s market performance struggles.

    For context, the $3.6 billion inflow puts XRPL approximately $1 billion ahead of BNB Chain, which ranks second with $2.6 billion. Stellar follows in third with $2.5 billion, while Solana takes fourth with $2.2 billion. Ethereum ranks fifth with $1.2 billion, giving XRPL a $2.4 billion lead over the largest smart-contract platform in 2026 RWA inflows.

    2026 Growth Surges 16x Over 2025 Levels

    The network has already surpassed its full-year 2025 RWA inflow record by more than 16 times, with three months remaining in 2026. At the start of 2025, the XRP ecosystem’s RWA market stood at just $5 million, growing to $226.8 million by year-end — an increase of $221 million. By comparison, the $3.6 billion added in 2026 represents a 16.2x multiple of the previous year’s total growth.

    Importantly, the $3.6 billion figure excludes stablecoins. The XRPL’s stablecoin market has grown by more than $1 billion this year, driven largely by RLUSD. When stablecoins are included, the network’s total tokenized-asset growth is even more substantial.

    JMWH and CRX Digital Assets Drive 89% of Non-Stablecoin Growth

    Excluding stablecoins, commodities and asset-backed credit account for the vast majority of XRPL’s RWA expansion. Two key issuers dominate:

    • Justoken’s JMWH has contributed $2.229 billion in tokenized commodities.
    • CRX Digital Assets has added approximately $1 billion in asset-backed credit.

    Together, these two asset classes represent $3.229 billion — or 89% of the total $3.6 billion in non-stablecoin RWA inflows. This diversification beyond stablecoins gives the XRPL a broader base of institutional and real-world asset activity.

    Total Flows Reach $4.4 Billion With Stablecoins; Ranking Shifts

    When stablecoins are factored in, total year-to-date flows on the XRPL rise to $4.4 billion, reflecting nearly $1 billion in stablecoin growth led by RLUSD. However, including stablecoins changes the competitive landscape: at $4.4 billion, XRPL ranks third globally in total 2026 flows.

    TRON leads with $11.9 billion, followed by HyperEVM at $6 billion. The shift underscores the outsized role stablecoins play in aggregate flow metrics, while XRPL’s lead in non-stablecoin RWAs remains unchallenged.

  • When Will XRP Hit $100? Data Shows Not Yet — Here’s Why

    When Will XRP Hit $100? Data Shows Not Yet — Here’s Why

    XRP Price Potential Tied to Tokenized Asset Growth on XRP Ledger, Analysts Say

    Crypto analysts tracking XRP’s institutional infrastructure argue the token’s path to triple-digit prices depends on a single metric that remains far from target levels: the total value of tokenized assets actually deployed on the XRP Ledger.

    Current Ledger Metrics Show Concentrated Activity, Rising Volume

    Recent data indicates the XRP Ledger recorded fewer active accounts in the second quarter, yet trading volume per account roughly tripled. Tokenized assets on the ledger reached $3.72 billion, representing a 30x increase year-over-year. The takeaway is that XRP trading activity is concentrating into fewer accounts, while the value moving through those accounts has grown dramatically.

    Despite this growth, the ledger’s $4.26 billion in tokenized value remains far short of the scale commentators believe is required to justify $100 or $1,000 XRP price targets.

    Analyst: Institutional Groundwork Determines Timeline

    Addressing community frustration, analyst Zach Rector framed XRP’s current price as a function of where the institutional adoption timeline actually stands, not where the market wishes it stood. He argued that Ripple and its partners are deliberately not rushing the rollout of institutional infrastructure.

    “That right there is why we’re not at a $100 XRP or $1,000 XRP,”

    Rector said, pointing to a path that would need to climb from billions into the tens and eventually hundreds of billions, and ultimately trillions, before those price levels become realistic.

    The message is that reaching $100 or $1,000 XRP isn’t off the table long-term, but it isn’t happening in the near term simply because the underlying institutional groundwork hasn’t reached that scale yet.

    New Partnership Expands Institutional Infrastructure

    Adding to that groundwork, Settlement CEO Adam Popat discussed a newly announced partnership with Ripple, describing it as the culmination of roughly a decade of working relationships. The deal fully integrates Ripple’s custody platform with Settlement’s digital asset lifecycle management system, giving large institutions a single interface to issue, manage, and custody assets on the XRP Ledger without switching between separate systems.

    Popat called it the first offering of its kind in the market, designed specifically to simplify institutional entry into XRP Ledger tokenization in a compliant, regulated way.

    Scaling Trajectory Underway But Early

    The case for eventual triple-digit XRP prices rests on tokenized asset value continuing to scale from its current $4.26 billion toward the tens or hundreds of billions, and eventually trillions—a trajectory commentators say is underway but still early. Until that scaling happens, expectations for $100 or $1,000 XRP in the near term remain, by their own admission, ahead of where the actual institutional timeline currently sits.

  • 105% Imbalance: Rising XRP Prices Drive AI Wallets Deeper Into RLUSD

    105% Imbalance: Rising XRP Prices Drive AI Wallets Deeper Into RLUSD

    The economic gap between the native $XRP token and Ripple USD ($RLUSD) in artificial intelligence wallets continues to widen, reaching 105% at the time of writing.

    Recent data indicates that autonomous algorithms are increasingly favoring fiat-denominated settlements. Bots have continued to increase their transaction turnover in $RLUSD while largely avoiding $XRP amid the token’s current price range.

    According to the XRPL AI Hub dashboard, AI scripts spent just 209 $XRP while processing 554,007 transactions over the past seven days. During the same period, transaction volume in the dollar-pegged stablecoin reached 602.27 $RLUSD.

    With $XRP trading at $1.4027, the difference becomes more pronounced in fiat terms: the bots spent approximately $293.16 in $XRP compared with $602.27 in $RLUSD. This places the stablecoin’s spending volume 105% above that of the native token.

    AI agent settlement metrics on the $XRP Ledger show a seven-day volume shift between $XRP and $RLUSD. Source: XRPL AI Hub

    Why AI agents are avoiding expensive $XRP

    The sustained shift toward $RLUSD is linked to $XRP’s price behavior. After rallying above $1.70 in the second half of August, $XRP became range-bound between $1.38 and $1.50.

    That price level can create challenges for autonomous software processing millions of micropayments. The average transaction size for APIs and server capacity is $0.0035, making dollar-denominated program limits vulnerable to rapid depletion at the current exchange rate.

    To protect operating budgets from market fluctuations, automated systems continue to route their transaction flows through $RLUSD. The dollar-pegged stablecoin provides more predictable settlement costs than a volatile native token.

    The number of machine-generated transactions on the XRPL has already exceeded 2.3 million this week. Although total turnover remains in the hundreds of dollars, the persistent imbalance highlights a broader trend: AI agents appear increasingly resistant to volatility.

    The $XRP Ledger is developing into a settlement hub where the native token gives way to a predictable digital dollar when market volatility rises.

  • Why Is Ripple Hiring a London Metal Exchange Treasury Executive Now?

    Why Is Ripple Hiring a London Metal Exchange Treasury Executive Now?

    Ripple has hired a senior London Metal Exchange (LME) treasury executive as the company expands its focus on institutional trading, tokenization and corporate finance.

    Joseph Thompson, senior vice president and head of treasury at the LME, is leaving the exchange on Aug. 31 to join Ripple’s Trading and Markets team. According to the original hire report, his responsibilities are expected to include work related to tokenized real-world assets.

    The appointment adds experience from one of the world’s largest commodities exchanges to a company increasingly focused on liquidity, collateral and blockchain-based capital markets.

    Ripple Expands Institutional Finance Strategy

    Thompson’s appointment follows Ripple’s broader push into corporate treasury services and institutional financial infrastructure.

    Ripple acquired GTreasury for $1 billion in 2025, adding an established treasury management platform to its business. The platform has since been integrated into Ripple Treasury, which combines traditional cash management with digital-asset capabilities.

    Ripple has also launched native digital-asset functionality across its Treasury platform. Coinpaper’s coverage of Ripple’s SWIFT tools showed how the company is increasingly positioning its products alongside existing financial infrastructure rather than targeting only crypto-native users.

    Tokenization Becomes a Larger Focus

    Ripple has also increased its exposure to tokenized assets. Recent investments in ZILO and Licuido were aimed at strengthening issuance, transfer agency and collateral infrastructure for institutional markets.

    The $XRP Ledger is gaining more tokenized products as well. Aviva Investors recently launched a tokenized liquidity fund on XRPL, expanding the network’s real-world asset footprint.

    Ripple and Boston Consulting Group have estimated that tokenized assets could approach $19 trillion by 2033, although adoption will depend heavily on regulation and institutional demand.

    Thompson’s appointment does not mean that the LME itself is adopting Ripple technology. Instead, it highlights Ripple’s effort to recruit expertise from traditional market infrastructure as the company seeks to expand beyond payments and further into institutional finance.

    For background on the relationship between Ripple, $XRP and the $XRP Ledger, Coinpaper’s evergreen $XRP guide provides a concise overview.

  • Evernorth XRP Treasury Deal Advances as SEC Filing Takes Effect

    Evernorth XRP Treasury Deal Advances as SEC Filing Takes Effect

    Evernorth Holdings Inc. has moved closer to a planned Nasdaq listing after the U.S. Securities and Exchange Commission (SEC) declared its Form S-4 registration statement effective, the company and Armada Acquisition Corp. II (Nasdaq: XRPN) announced Aug. 27.

    The action clears the way for an Armada II shareholder vote scheduled for Sept. 30. Shareholders of record as of Aug. 20 will be eligible to participate.

    Armada II is a Nasdaq-listed special purpose acquisition company (SPAC) seeking to merge with Evernorth and take the $XRP treasury company public. Evernorth filed a final amendment to its registration statement on Aug. 26.

    “Today marks an important milestone toward completing our proposed business combination,” said Evernorth founder and CEO Asheesh Birla. He added:

    “We set out to build an actively managed $XRP treasury with the transparency and governance public markets demand. With the registration statement now effective, we are one step closer to delivering on our vision.”

    The SEC’s declaration allows the companies to proceed with the shareholder vote, but it does not represent approval of the merger’s merits or fairness. Shareholder authorization and other customary closing conditions remain outstanding. The transaction is expected to close in late third quarter or early fourth quarter.

    Active $XRP strategy remains central to the merger

    The Nasdaq market page currently lists Armada II’s Class A shares under the ticker XRPN. If the merger closes and the combined company meets Nasdaq’s listing requirements, Evernorth expects to retain XRPN as its trading symbol.

    Evernorth plans to operate differently from digital asset treasury companies that primarily buy and hold tokens. The original registration statement described an $XRP-focused public company backed by institutional investors including Ripple, Arrington Capital, SBI Group, Pantera Capital, Kraken and GSR.

    The company intends to deploy capital through $XRP lending, liquidity provision, decentralized finance and broader participation in the $XRP ecosystem. Evernorth is also working with t54, a financial technology company that provides verification, risk and compliance tools for AI-powered transactions. The technology could help Evernorth monitor and manage automated treasury activity on the $XRP Ledger.

    Revised financing terms announced in August also changed how $XRP’s market value will determine the number of shares issued in the private placement at closing. The new formula replaces the original $2.36 $XRP benchmark with a volume-weighted average price at closing. This could reduce the number of shares issued and increase each Armada II share’s proportional interest in the treasury.

    Evernorth targets growth across the $XRP economy

    Evernorth plans to deploy part of its capital on the $XRP Ledger, the blockchain that uses $XRP as its native asset. The network supports asset issuance, decentralized trading, escrow and tokenization, giving the company multiple ways to use its $XRP holdings if the Nasdaq listing is completed.

    The strategy also focuses on infrastructure for regulated financial activity rather than on $XRP exposure alone. Evernorth has highlighted compliance controls, restricted environments, settlement tools, lending and privacy features that could support institutional participation in tokenized assets and on-chain credit markets.

    Company executives have also distinguished $XRP from Ripple’s $RLUSD stablecoin when describing the treasury strategy. They characterize $XRP as an asset for routing, liquidity, collateral and settlement, while $RLUSD is intended for dollar-denominated transactions that require price stability.

    Birla continued:

    “What excites me most is the opportunity in front of us. We plan to enter public markets as blockchain utility continues to grow, and we believe institutional finance will increasingly be built on-chain. Evernorth is designed to accelerate $XRP’s role in that work.”

    The Sept. 30 shareholder vote is the next decisive step in the transaction. If Armada II shareholders approve the business combination, the parties will still need to satisfy the remaining closing conditions and Nasdaq listing requirements before Evernorth can begin trading under the XRPN ticker.

  • Ripple Prepares XRP Ledger for Quantum Computing Before ‘Q-Day’ Arrives

    Ripple Prepares XRP Ledger for Quantum Computing Before ‘Q-Day’ Arrives

    Quantum computing could force financial institutions to overhaul how they protect transactions, identities, assets and sensitive information, Ripple executive Akinyele said.

    “The financial system was not built with quantum computing in mind,” Akinyele said. “As quantum capabilities advance, institutions will need to rethink how they secure transactions, identities, assets and sensitive data.”

    Ripple’s four-stage quantum-resistance plan

    Ripple has outlined a four-stage plan for the $XRP Ledger that covers the period before and after a serious quantum-computing threat emerges. The first steps involve identifying which parts of the network could be vulnerable and testing alternative cryptographic methods against the blockchain’s current workload.

    Later stages would operate existing security systems alongside quantum-resistant alternatives before transitioning the wider network to the new technology.

    The plan also includes an emergency response if quantum computing develops faster than expected. Ripple says the network would need a mechanism to act before attackers could exploit older cryptographic protections.

    The $XRP Ledger already enables users to replace the keys that control an account without changing the account itself. Ripple says this feature could simplify a future migration, although the network’s independent validators would still need to coordinate any broader changes to transaction rules.

    “That upgrade will go well beyond swapping out one cryptographic algorithm for another,” Akinyele said. “It will require more agile infrastructure, stronger key management, clearer upgrade paths and systems that can evolve without disrupting the financial activity they support.”

    Source: cryptonews.net

  • XRP Set for 187% Boost as Ledger Signals Bullish Market

    XRP Set for 187% Boost as Ledger Signals Bullish Market

    Transactions processed per ledger on the XRP Ledger (XRPL) have surged 187.9%, marking another notable shift in network activity. Combined with XRP’s recent price breakout, the increase suggests that the network is handling substantially more activity at each ledger close, even as several key metrics have declined.

    XRP Ledger transaction activity rises

    The latest data shows that transactions per ledger reached 189.29, making it the network-activity metric with the strongest positive change. Payment activity also points to continued transactional demand, with payments increasing 19.3% to approximately 568,100.

    However, the broader picture is mixed. Successful transactions fell 16.3% to 914,100, while total transactions declined 26.4% to 994,000. Closed ledgers dropped 74.4% to approximately 5,300.

    The sharp decline in ledger closes helps explain the 187.9% increase in transactions per ledger. When fewer ledgers are recorded but transaction activity remains substantial, the average number of transactions included in each ledger rises mechanically.

    Active XRP Ledger accounts show mixed results

    Account data is similarly uneven. Active accounts decreased 64.5% to 4,800, while newly created accounts fell 77.7% to just 463. At the same time, active users remained high at approximately 478,300, representing a 157% increase.

    The value transferred through payments also declined sharply. Although the number of payments increased, payment volume fell 82.2% to approximately 70.8 million XRP. This suggests that the network is processing more individual payments at a significantly lower average value.

    Transaction fees declined 67.5% to 92.2 XRP, reducing the amount of XRP burned through fees.

    XRP price holds above key technical level

    XRP’s price performance remains considerably stronger than it was earlier in August. After breaking out from roughly $1.00, XRP is currently trading at $1.41.

    Despite retracing from its recent spike to $1.70, the asset remains above its long-term moving average near $1.35. The Relative Strength Index (RSI) has also cooled to approximately 68 after briefly entering extremely overbought territory, easing some of the immediate overheating concerns.

    Overall, not every aspect of XRPL activity is expanding despite the 187.9% increase in transactions per ledger. The network is showing weaker account creation and payment value, alongside higher transaction density and stronger payment counts.

    For XRP, holding the $1.35–$1.40 region is now important. Maintaining that range would preserve the structural breakout and leave open the possibility of another move toward $1.50–$1.70.

    Source: cryptonews.net

  • XRPL Native Bridge Faces Shutdown as Ripple Targets 10,000+ Lines of Dead Code

    XRPL Native Bridge Faces Shutdown as Ripple Targets 10,000+ Lines of Dead Code

    Ripple Recommends Retiring XLS-38 Cross-Chain Bridge Amendment on XRP Ledger

    Ripple has formally requested that the XRP Ledger community retire XLS-38, the long-pending native cross-chain bridge amendment. The recommendation was published on August 27, 2026, by RippleX engineer David Fuelling, signaling a strategic shift in the blockchain’s interoperability roadmap.

    Low Developer Demand Cited as Primary Reason

    According to the formal recommendation, the decision stems from insufficient developer demand for the native bridge functionality. Fuelling noted that the ecosystem has increasingly gravitated toward alternative interoperability solutions, reducing the necessity for a built-in cross-chain bridge at the protocol layer.

    Axelar Integration Reduces Need for Native Bridge

    The recommendation highlights that Axelar, a decentralized cross-chain communication network, has established a strong presence on the XRP Ledger. This external integration provides robust bridging capabilities, making the native XLS-38 amendment largely redundant for current developer needs.

    Community Governance Process Next Steps

    As with all protocol amendments on the XRP Ledger, the retirement of XLS-38 will follow the network’s established governance process. Validators and community members will review the recommendation before any formal action is taken. The proposal does not affect existing XRP Ledger functionality or other pending amendments.

    Strategic Focus Shifts to Core Ledger Enhancements

    By retiring XLS-38, RippleX aims to concentrate development resources on core ledger improvements, including transaction throughput, security enhancements, and support for emerging tokenization use cases. This aligns with the broader strategy of maintaining a lean, high-performance base layer while leveraging specialized third-party protocols for cross-chain functionality.