XRPL Proposes Batch Transactions with XLS-56d Upgrade

XRPL Proposes Batch Transactions with XLS-56d Upgrade
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The XRP Ledger (XRPL) has introduced XLS-56d, a proposal enabling developers to batch up to eight actions into a single atomic transaction. This upgrade aims to streamline monetization and enhance efficiency for decentralized applications. The proposal is now open for validator voting, signaling a step toward broader institutional adoption.

  • XLS-56d enables atomic batch transactions (up to 8 actions) with a single fee and signature, improving efficiency for DeFi and NFT applications.
  • The proposal introduces four execution modes (ALLORNOTHING, ONLYONE, UNTILFAILURE, INDEPENDENT) for flexible transaction workflows.
  • XRPL's NFT activity saw a 44% monthly increase in mints (2.56M in May), though trading volumes declined by 8.4%.
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