XRP Poised To Dominate New DeFi Cycle, XRPL Validator Says
XRP’s decentralized finance ecosystem is growing fast. Its FXRP supply is closing in on 160 million tokens, a milestone that signals rising adoption just months after launch — and the numbers are fueling a broader argument about where XRP stands in the future of decentralized finance. Related Reading: $1.4 Billion Pours Into Crypto — What’s Driving The Surge? XRPL Validator Makes The Case For Stability A validator on the XRP Ledger known as Vet made waves on X this week, arguing that XRP is built to drive the next phase of DeFi in a way that other protocols are not. His argument....
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The firm emphasized that its rather large XRP ownership is decreasing and that it only “operates 4 out of 130+ validator nodes on the XRPL.” Ripple Lab’s XRP token holdings have dropped below 50% of the total circulating supply for the first time in the company’s history. Ripple has faced criticism in the past by some that have raised questions over the firm’s significantly large ownership of XRP tokens, arguing that it gives the company centralized control over its XRP Ledger (XRPL). In a Q3 report published on Oct. 27, Ripple once again refuted that criticism, while also pointing out....
An XRP Ledger (XRPL) validator has warned projects and developers that the network is compromised. He revealed some critical issues on the network, which put users and their funds at risk of an exploit. Validator Warns That XRP Ledger is Compromised In an X post, XRP Ledger validator Vet told the network’s developers and projects […]
The XRP Ledger’s smart contract functionality is now available for developers to test on AlphaNet, opening the door for the first wave of experimentation on how programmability will operate on the Ledger. As developers begin to explore this new phase, an XRPL validator known as Vet on X has clarified a major misunderstanding about what […]
The Securities and Exchange Commission said on April 13 that certain crypto user interfaces tied to XRP other digital assets can avoid broker-dealer registration when they stay out of custody, order routing, and trade execution. Related Reading: Dollar’s Shrinking Value Adds Fuel To XRP Bull Case: Finance Expert The staff statement is temporary and will be withdrawn in five years unless the Commission acts first, but it gives developers a clearer lane for now. XRPL Gets A Lift From The New Guidance That shift matters for the XRP Ledger because the network already includes a built-in....
Crypto pundit Bird has explained why an XRP price target of $100 is not “insane” when one understands what the XRP Ledger (XRPL) can do. He highlighted how the network could dominate tokenization and on-chain settlement, causing trillions of dollars to flow through the XRPL. Why An XRP Price Target Of $100 Is Not “Insane” In an X post, Bird indicated that an XRP price rally to $100 could happen due to the XRP Ledger’s capabilities and the network’s potential to dominate several crypto sectors. He noted that the XRPL can tokenize real-world assets, including asset classes worth....