XRP News: XRP Ledger (XRPL) Secures Major Milestone Ahead of May 27 Mainnet Upgrade
Highlights
- XRP Ledger v3.1.3 upgrade see increasing adoption by network nodes.
- Ripple and validators push for mainnet upgrade on May 27.
- Whale accumulation rises ahead of upgrade.
The XRP Ledger (XRPL) is to undergo a major upgrade next week to introduce key fixes and boost network security. In the latest XRP news, the network has achieved a significant milestone ahead of the March 27 mainnet activation.
XRP price continues to hold near $1.37 ahead of today’s US initial jobless claims and flash PMI data. Whale accumulation and XRP ETF institutional inflows continue, but at a slower pace.
XRP Ledger Upgrade Enters Final Phase amid Mixed XRP News
Ripple developers pushed the XRP Ledger v3.1.3 upgrade, introducing the fixCleanup3_1_3 amendment that contains fixes for NFTs, Permissioned Domains, Vaults, and the Lending Protocol.
Validators and node operators are urgently asked to update to the latest release before mainnet activation. Notably, the mainnet upgrade is scheduled to go live at 03:49:21 AM UTC on May 27, 2026.
In major XRP news today, 50% nodes have now updated to the latest release amid readiness for the mainnet upgrade. This marks a major adoption, with others also in progress to update to the latest version.
Nodes running older versions risk becoming “amendment-blocked,” preventing them from participating in consensus, processing transactions, or communicating effectively with the network.
As CoinGape earlier reported, Ripple CTO Emeitus David Schwartz cleared the community’s concerns about the XRP Ledger upgrade. The amendment has also secured 100% consensus from Ripple and validators.
Whale Accumulation Ahead of Upgrade
This upgrade fits into XRP Ledger’s (XRPL) roadmap as the network continues to advance in areas such as tokenized real-world assets (RWAs), permissioned DEX features, and post-quantum security preparations.
Previous XRPL network releases such as v3.0.0 and v3.1.0 introduced amendments for accounting accuracy, Single Asset Vaults, and Lending Protocol foundations. Meanwhile, XRPL Foundation (XRPLF) contributor and dUNL validator Vet revealed that yield and lending projects are expressing interest in becoming an XRPLF UNL validator.
Whales have accumulated more than 71 million XRP over the past week, according to Santiment data. While on-chain data revealed whale activity slowed as compared to earlier, options traders remain bullish on XRP price recovery towards $1.40 by the month-end.
XRP price is currently trading at $1.37, with a 24-hour low and high of $1.36 and $1.38, respectively. Lower trading volume raises caution, but futures open interests are rising over the past few days ahead of major news of XRP Ledger upgrade.
CME Group’s XRP futures suite hits $62.87 billion in notional volume in its first year, with average daily volume of $238 million.
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