XRP News: XRP Ledger Foundation Pushes Validators to Finalize Votes, 60% Nodes Ready
Highlights
- XRP Ledger Foundation reveals over 60% of network nodes are now running the latest v3.3.0.
- The foundation urges remaining node operators to upgrade and validators to finish voting on amendments.
- XRP price on a massive rally amid broader bullish momentum.
In major XRP news today, XRP Ledger Foundation revealed that nodes are quickly updating to the latest release and are almost ready for the XRP Ledger 3.3.0 upgrade. The foundation also urges validators to finish voting on amendments to proceed with mainnet activation.
XRP Ledger 3.3.0 Upgrade Secures Major Node Adoption
XRP Ledger Operations revealed in an X post said over 60% of network nodes are now running the latest v3.3.0, advancing toward broader adoption. Validators and node operators are urgently asked to update to the latest release before mainnet activation.
Upgrade status data confirmed that 62.5% of nodes have updated and are ready for the major XRP Ledger 3.3.0 upgrade. Also, 68.5% of validators have updated to the latest release.
Validators and node operators are urgently asked to update to the latest release before mainnet activation. Nodes running older versions risk becoming amendment-blocked. It will require at least 80% validator support for readiness to activate the XRPL mainnet to the latest v3.3.0 release.
The XRP Ledger 3.3.0 Upgrade includes performance improvements such as reduced memory usage and better node synchronization after XRPL upgrade 3.2.0.
In addition, XRP Ledger Foundation urged validators to finalize voting on six amendments. These are Confidential Transfer, BatchV1_1, DynamicMPT, PermissionDelegationV1_1, Sponsor, and fixCleanup3_3_0.
Notably, Ripple voted in favor of the fixCleanup amendment that consists of bundled fixes and the Permission Delegation amendment that introduces an authorization delegation mechanism.
XRP Price Rally amid Bullish News
XRP price is trading at 1.46, up more than 2% today and 50% in a week. The 24-hour low and high were $1.45 and $1.54, respectively. Furthermore, trading volume has decreased by 20% over the last 24 hours, signaling a recent fall in market activity ahead of potential US economic sanctions against Iran today.
Meanwhile, spot XRP ETFs are witnessing strong inflows from institutions, with $39.78 million last week. Also, Goldman Sachs re-entered XRP ETFs, becoming the top holder again.
Meanwhile, XRP futures open interest has climbed further by almost 2% to $3.72 billion in the past 24 hours. The 4-hour XRP futures OI also jumped 2.44% amid growing XRP Ledger adoptions.
The futures OI in the last hour surged 0.22%, with a 0.80% rise on CME and 0.03% on Binance. Hyperliquid, OKX, Bybit, and others also saw a jump in XRP futures open interest.
Much of this speculative momentum is driven by market participants utilizing the best crypto leverage trading platforms to amplify their positions during high-volatility events.
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