Breaking: XRP Ledger (XRPL) 3.2.0 Upgrade for Core Server Overhaul Set for June 15

Varinder Singh
Varinder Singh

Varinder Singh

Independent Sr. Journalist
Expertise : Bitcoin, Crypto, Global Macro, DeFi, Blockchain, Web3, US Stocks, AI, Regulations and Lawsuits, & More
Varinder is a seasoned leader in the fintech and crypto media with over 12 years of experience, including over 6 years dedicated to blockchain, crypto, and Web3 developments. He is known for covering high-impact and quality news stories for publishers such as CoinGape, The Coin Republic, and The Crypto Times, while perfecting and training multiple journalists during his tenure. Being a Master of Technology degree holder, analytics thinker, and tech enthusiast, he has shared his knowledge of disruptive technologies in over 6000 news articles and papers.
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XRP Ledger (XRPL) 3.2.0 Upgrade for Core Server Overhaul Set for June 15

Highlights

  • XRP Ledger Upgrade 3.2.0 Implementation Planned on June 15, as per XRPL validator Vet.
  • Renaming the core server software from rippled to xrpld is the visible change.
  • The upgrade will improve network performance and reduce memory usage by up to 40%.
  • XRP price jumps amid community speculation over an recovery amid the upgrade.

The XRP Ledger (XRPL) upgrade to overhaul core server infrastructure approaches mainnet implementation next week, an XRPL Foundation contributor confirmed on Monday. The new upgrade rollout follows the recent activation of version 3.1.3.

XRP Ledger (XRPL) Upgrade 3.2.0 Planned to Go Live Next Week

XRP community members recently inquired about the status of 3.2.0 implementation, dUNL validator Vet responded that the XRP Ledger Foundation plans June 15 as the target date. This comes shortly after the XRPL Operations team unveiled the XRP Ledger 3.2.0 upgrade last week.

The update builds on the successful XRPL mainnet activation of 3.1.3 in late May, which introduced fixes for NFTs, Permissioned Domains, Vaults, the Lending Protocol, and Multi-Purpose Tokens (MPTs).

One of the most notable changes in version 3.2.0 is the renaming of the XRPL’s core server software from rippled to xrpld. This reflects the growing ecosystem and aims to provide clearer branding for the open-source ledger.

Vet and Ripple developers urged validators and node operators that they are required to update to the latest version for continued network participation. Notably, the command-line interface now shows xrpld version 3.2.0 during checks, as CoinGape reported earlier.

The upgrade will introduce substantial performance improvements, with up to 40% memory usage reductions. It will support the network’s growth in transaction volume, tokenization, and DeFi activities.

These changes will also support long-term stability and scalability without introducing new user-facing features. The team will focus instead on strengthening the XRP Ledger through security enhancements, including AI-powered testing and bug bounties.

This upgrade underscores the XRPL’s commitment to reliability as it expands into real-world asset tokenization and stablecoin use cases. Recently, Ripple expanded RLUSD stablecoin’s support on over 40 networks through its partnership with the cross-chain interoperability protocol Wormhole.

Will XRP Price Recover amid the Major Update?

The developers are yet to release the full notes on the upgrade release. The network state data currently shows 84% on nodes are updated to XRP Ledger 3.1.3.

XRP Ledger Network State
XRP Ledger Network State

XRP price jumped more than 7% to hit a 24-hour high of $1.17. However, Israel’s strikes on Iran caused XRP to fall back to $1.13. Notably, the price needs to rebound to $1.27 for a recovery.

The world’s highest IQ record holder YoungHoon Kim claimed XRP has entered the next bull market phase. This has sparked speculation within the community for a potential rebound to $1.20.

However, analyst Ali Martinez shared a monthly chart to show the year-long support trendline. He pointed out that $0.90 is the price to closely watch for making maximum returns.

Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
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CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

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About Author
About Author
Varinder is a seasoned leader in the fintech and crypto media with over 12 years of experience, including over 6 years dedicated to blockchain, crypto, and Web3 developments. He is known for covering high-impact and quality news stories for publishers such as CoinGape, The Coin Republic, and The Crypto Times, while perfecting and training multiple journalists during his tenure. Being a Master of Technology degree holder, analytics thinker, and tech enthusiast, he has shared his knowledge of disruptive technologies in over 6000 news articles and papers.