Daily News 19

Tag: XRP Ledger

  • Ripple Moves to Scrap Key XRPL Amendment

    Ripple Moves to Scrap Key XRPL Amendment

    Ripple has recommended that the XRP Ledger community withdraw the long-running XChainBridge amendment, known as XLS-38, which was designed to bring native cross-chain bridging capabilities to the network. According to the company, the technology is no longer required for its primary intended use case and has failed to attract sufficient developer demand.

    Ripple Cannot Unilaterally Remove the Amendment

    Because Ripple controls only a single validator vote on the XRP Ledger, the company cannot remove the feature on its own. The withdrawal must proceed through the network’s standard amendment process, requiring broader validator consensus.

    Original Purpose of XLS-38

    XLS-38 was created to provide a native bridging framework for the XRP Ledger. The proposal would have allowed assets to move between the XRPL mainnet and connected sidechains with the assistance of “witness servers.” The system was designed to support custom sidechains, including private and permissioned networks as well as experimental chains. It was also originally intended to serve as the bridge connecting the XRP Ledger to the XRPL EVM Sidechain.

    Axelar Selected as the Alternative

    Ripple has instead selected the Axelar network to power the XRPL EVM Sidechain. Axelar’s network currently operates with more than 75 validators and supports broad interoperability with over 50 blockchain networks.

    Ripple initially decided to use Axelar for the XRPL EVM Sidechain in June 2024. At the time, the company stated it would continue leaving XLS-38 available for a community vote. However, Ripple now says there is little evidence that such demand exists.

    “The primary use case that motivated XLS-38’s development is fully addressed, and we believe better addressed, by the Axelar integration,” RippleX said.

    Code Maintenance Cited as Liability

    The company also argued that maintaining the dormant implementation has become a liability. Removing XChainBridge would allow developers to eliminate more than 10,000 lines of code from the codebase.

    Decision Remains Reversible

    Ripple indicated that its decision could be reversed. Developers who are actively building around XLS-38 have been asked to present compelling use cases that could convince the company to change its position.

  • 21Shares Reveals Crucial XRP Data: “It Outperformed Its Competitors!”

    21Shares Reveals Crucial XRP Data: “It Outperformed Its Competitors!”

    As XRP experiences a significant resurgence, reclaiming the $1.4 price threshold alongside a broader cryptocurrency market recovery led by Bitcoin, crypto asset management firm 21Shares has published a detailed analysis examining the token’s supply dynamics.

    The report reveals that XRP has achieved a notable milestone, recording the lowest annual supply dilution rate among major payment-focused digital assets compared in the study.

    Understanding XRP’s Supply Dilution and Escrow Releases

    According to the 21Shares analysis, the circulating supply of XRP expanded by 5.5% year-on-year during the first half of 2026. This increase in circulating supply is primarily driven by the programmatic release and subsequent lock-up of tokens from escrow accounts. Based on the firm’s calculations, approximately 272 million XRP are added to the active market on average each month.

    For investors, this 5.5% supply expansion translates to an equivalent annual dilution of their holdings under current transaction fee structures. Analysts at 21Shares point out that, all other factors remaining equal, the market price of XRP needs to appreciate by at least 5.5% annually for holders to maintain their purchasing power and achieve a break-even state.

    The Gap Between XRPL Fees and Token Inflation

    The analysis emphasizes that transaction fees generated by the network are currently insufficient to neutralize this supply expansion. To completely offset the impact of the newly released supply over the next year at current valuation levels, the fee revenue generated by the XRP Ledger (XRPL) would need to increase by 12,700 times.

    This revenue gap is further highlighted by a downward trend in network activity fees. The 21Shares data indicates that XRPL revenues during the first half of 2026 experienced an 81.6% year-on-year decline, falling from $6.43 million to $1.18 million.

    How XRP Compares to Stellar and TON

    Despite the dilution challenges, XRP compares favorably against other prominent cryptocurrencies positioned as utility and payment networks. 21Shares compared XRP’s supply metrics against similar assets, revealing the following annual supply dilution rates:

    • XRP: 5.5%
    • Stellar (XLM): 8.8%
    • Toncoin (TON): 9.6%

    With a 5.5% rate, XRP maintains the lowest annual supply dilution among the payment-centric cryptocurrencies evaluated in the 21Shares study.

    Disclaimer: This article is for informational purposes only and does not constitute investment advice.

  • Ripple introduces Deep Freeze for XRPL-TOKEN-more security and compliance

    Ripple introduces Deep Freeze for XRPL-TOKEN-more security and compliance



    • The now possible complete freezing of asset accounts ensures better institutional compliance.
    • Deep Freeze from XRPL in particular increases security and control in RWA tokenization.

    With the increasing acceptance of blockchain in institutional finance, the need for safe, compliant and controlled asset management has increased. To achieve them, the XRP Ledger (XRPL) Community proposed the Deep Freeze change (XLS-77D). This update is intended to provide token emitters to greater instruments in order to restrict the movement of assets to the account level and at the same time to maintain decentralization and transparency. To the extent that institutions turn to XRPL to issue tokenized RWA (real-world assets), Deep Freeze could become a key function that supports regulatory and security requirements.

    The asset freeze functions on XRPL

    As CNF reported, Deep Freeze extends the existing function for freezing the XRPL Trustlines by enables issuers to block all outgoing transactions from a certain account. While the current system only restricts new transactions per asset, it does not prevent customers from transferring existing credit. This restriction leads to problems with enforcement, especially in scenarios with high risk and on a large scale.

    According to the proposal, Deep Freeze works at the protocol level and in urgent cases offers issuers better control over compliance with the regulations. It limits all options for the transfer of assets and not just new activities, which makes it suitable for applications that are suitable for sanctioned facilities, the legal enforcement or the control of fraud.

    Stable coin emitters, for example, must be able to stop both transmission and reception functions if they are confronted with an official order. XRPL already houses several stable coins, including RLUSD from Ripple, EURCV from Societe Generals Forge and BBRL from Braza Bank – and the existence of deep freeze could help to attract other regulated issuers such as circle. The change enables issuers to meet global compliance standards and at the same time ensure traceability on the chain.

    Institutional demand for Blockchain-Tools mit Compliance control

    Institutions that develop tokenized products require tools that reflect traditional compliance controls. Deep Freeze adds an additional control level for central banks, asset managers and payment providers on the chain. The restriction of assets to compromised or on the black list is the key to fighting fraud and compliance with legal regulations.

    Since the regulations change in different countries, financial institutions require on-Ledger tools to support the transparency of the enforcement. By freezing assets on XRPL, issuers can react to regulatory measures without endangering the decentralization of the network. With Deep Freeze, XRPL adapts to the modern institutional financial system, in which the control of assets is not optional but necessary.

    In order to coordinate the change, XRPL validists can take part in the network’s voting process. The official guide to the changes describes the steps for coordination and understanding the governance framework.

    While the tokenization absorbs speed, Deep Freeze represents the XRP Ledger as a blockchain that was developed with a view to institutional controls. It is a step towards a bridge between the traditional finance and the decentralized world, which offers safe and transparent tools for the management of digital assets on a large scale.