XRP News: Ripple Votes in Favor of XRP Ledger 3.2.0 Amendment, 26% Nodes Updated

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.
Read full bio
coingape google news
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights 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.
XRP News: XRPL Lending Protocol Clears Security Audit amid v3.2.0 Amendment Voting
Sponsored This page may contain affiliate links. If you sign up through these links, we may earn a commission at no additional cost to you. This does not influence our editorial reviews or rankings.

Highlights

  • Ripple voted in support of the fixCleanup3_2_0 amendment in the XRP Ledger (XRPL) 3.2.0 upgrade.
  • 26% of validators have now updated to the latest release.
  • XRPL network activity drops by almost 50% amid multiple upgrades.

In today’s big XRP news, Ripple has voted in favor of the amendment in the XRP Ledger (XRPL) upgrade. The XRPL upgrade is also witnessing swift responses from validators to update nodes to the latest release that advances network cleanup, security, and developer experience.

XRP News: XRPL Ledger Upgrade Amendment Receives Support from Ripple

Ripple has voted in support of the fixCleanup3_2_0 amendment in the XRP Ledger (XRPL) 3.2.0 upgrade. The amendment is open for voting on the XRPL mainnet, showing 2.86% consensus from validators.

The amendment bundles bug fixes and improvements for Single Asset Vaults, the Lending Protocol, permissioned DEX, Multi-Purpose Tokens (MPTs), and permissioned domains.

It also retires numerous amendments activated over two years, streamlining the XRP Ledger for tokenization, DeFi and other use cases.

As of the latest data, 26% of nodes have updated to the latest 3.2.0 release. However, 65% remain on 3.1.3, while others still remain on previous versions. The node adoption is advancing, with several prominent ones such as Ripple having already updated with the XRP Ledger 3.2.0.

Full activation requires sustained 80% support from the default Unique Node List (dUNL) validators over two weeks. Validators and operators are required to upgrade before full activation and avoid becoming amendment-blocked.

26% XRP Ledger Nodes Updated to v3.2.0
26% XRP Ledger Nodes Updated to v3.2.0

 

 

 

 

Major Changes in XRPL 3.2.0

As CoinGape reported earlier, XRP Ledger released the v3.2.0 upgrade that introduces the new fixCleanup3_2_0 amendment. The major visible change in this release is renaming of the core server from rippled to xrpld.

XRP Ledger Operations emphasized steps for updating to v3.2.0. It asked validators to back up critical files first and remove the old rippled package to avoid data loss.

The upgrade is also set to reduce the memory footprint by up to 40% and operating costs for nodes amid the scalability boost for tokenization and payments.

Ripple CTO Emeritus David Schwartz highlighted the XRP Ledger network’s stability ahead of the key v3.2.0 upgrade. He also shared stability metrics ahead of the mainnet upgrade to boost confidence among tradFi and partners.

Meanwhile, some XRP community members expressed concerns over drop in network activity by almost 50% in the past two weeks. Analyst Ali Martinez noted that active addresses declined from 50,000 to around 25,000. However, experts claimed a drop in network activity is normal amid back-to-back XRP Ledger upgrades such as XRPL v3.1.3 upgrade weeks ago.

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.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Why Trust CoinGape

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.

Newsletter
Your crypto brief.
Delivered every day.
  • Insights that move markets
  • 100,000 active subscribers
By signing-up you agree to our Terms and Conditions and Privacy Policy.
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.