The XRP Ledger (XRPL) is advancing with the proposed XLS-56d amendment, designed to support batch transactions for improved efficiency and monetization. Developed by Denis Angell, this update allows up to eight unsigned transactions to be bundled into a single signed action with customizable execution logic (ALLORNOTHING, ONLYONE, UNTILFAILURE, INDEPENDENT). Key benefits include seamless NFT mints, multi-account swaps, and platform fee integration, all while ensuring atomic rollback on failure. The proposal aligns with Ripple’s broader strategy, including its recent Wormhole integration for cross-chain interoperability. Meanwhile, XRPL’s NFT activity surged in May, with mints rising 44% month-over-month, though trading volumes dipped slightly. Validator voting is now underway to bring XLS-56d to the mainnet.
about XRPL Proposes Batch Transactions with XLS-56d UpgradeXRPL
0 in Finance and 0 in Crypto last weekRipple & Wormhole Boost XRPL’s Multichain Reach
Ripple is integrating Wormhole, a leading cross-chain protocol, into the XRP Ledger (XRPL) mainnet and EVM Sidechain, enabling stablecoins and other assets to move effortlessly across 30+ blockchains. Wormhole, which has processed over $60B in cross-chain volume, will allow developers to transfer XRP, IOUs, and Multi-Purpose Tokens (MPTs) between chains and interact with smart contracts. This partnership follows a busy June for Ripple, marked by the launch of XAODAO, a permissioned DEX, and XRPL’s milestone of 295K daily users. Meanwhile, XRP trades at $2.09, with potential for a rally if it breaks key resistance levels.
about Ripple & Wormhole Boost XRPL's Multichain ReachXRPL 2.5.0 Upgrade: Key Features & Market Impact
The XRP Ledger’s 2.5.0 upgrade introduces batch transactions for improved efficiency, expanded escrow support for RLUSD and other assets, and permissioned DEX controls for regulatory compliance. The update also includes bug fixes, performance optimizations, and developer tool enhancements. Notably, XRPL adoption is surging, with daily addresses increasing sevenfold and whale wallets hitting a record high, while competitors like Solana face declining metrics. Following the upgrade, XRP’s price rose nearly 6% to $2.20, signaling positive market sentiment.
about XRPL 2.5.0 Upgrade: Key Features & Market ImpactXRPL 2.5.0 Upgrade Boosts Institutional Appeal for XRP
The XRP Ledger (XRPL) has launched version 2.5.0, featuring upgrades like batch transactions, token escrow, permissioned DEX, and permission delegation to bolster enterprise adoption and regulatory compliance. These enhancements align with Ripple’s strategy to make XRPL a viable smart contract and tokenization platform. Concurrently, institutional demand for XRP is rising, with CME Group’s XRP futures seeing $542 million in trading volume within a month, 45% of which came from non-US/Canada markets. The update and growing institutional interest signal XRP’s expanding role in global finance.
about XRPL 2.5.0 Upgrade Boosts Institutional Appeal for XRPMidnight Network’s Glacier Drop: 100% NIGHT Tokens for ADA, BTC, ETH Holders
Midnight Network, a privacy and data protection blockchain associated with Cardano, has launched its Glacier Drop airdrop, distributing 100% of its NIGHT token supply to holders of ADA, BTC, and ETH. The campaign, detailed in a 45-page whitepaper, features a phased approach to ensure fairness and resistance to exploits. Eligible users from multiple blockchains, including Solana and XRPL, can claim tokens based on snapshots taken on June 11, with ADA holders receiving 50% of the 24 billion NIGHT tokens. Tokens vest in 25% increments every 90 days, and unclaimed tokens will enter a second phase called Scavenger Mine. Midnight Network leverages zero-knowledge cryptography for selective data disclosure, with a mainnet launch planned 90 days post-Glacier Drop. Cardano founder Charles Hoskinson envisions Midnight as a potential DeFi layer for the XRP ecosystem.
about Midnight Network's Glacier Drop: 100% NIGHT Tokens for ADA, BTC, ETH HoldersRipple Co-Founder Breaks 14-Year Silence with Mysterious Post
Arthur Britto, one of the most private yet influential figures in crypto, co-founded Ripple Labs in 2012 and played a key role in designing the XRP Ledger (XRPL). After nearly 14 years of silence, he posted a single emoji on X, sending the XRP community into a frenzy. Ripple CTO David Schwartz confirmed the post was genuine, leading to speculation about a potential Ripple IPO, partnership, or innovation. Britto, a former video game programmer, has remained largely out of the public eye despite his contributions to early Bitcoin exchanges and internet service providers. His name has surfaced in legal documents, including the SEC’s case against Ripple, and he once sued Jed McCaleb over Stellar’s alleged code copying. Meanwhile, XRP’s price surged 7.63% in 24 hours, possibly due to renewed investor interest.
about Ripple Co-Founder Breaks 14-Year Silence with Mysterious PostMartini Market’s $MRT Token Presale Hits 40% Softcap in First Hour
Martini Market’s $MRT token presale is off to a roaring start, achieving 40% of its 50,000 XRP softcap within just one hour of launch. Built on the XRP Ledger (XRPL), Martini Market is pioneering decentralized prediction markets, allowing users to bet on real-world events like politics, sports, and crypto prices. The presale offers 4 million MRT tokens (40% of total supply) at a rate of 16 MRT per XRP, with a 30% higher listing price. Early adopters are drawn by the project’s first-mover advantage on XRPL, coupled with recent ecosystem growth like RLUSD and USDC integration. The presale runs for 30 days, with tokens distributed post-sale, and listings planned on Magnetic X DEX and top-tier CEXs.
about Martini Market's $MRT Token Presale Hits 40% Softcap in First HourCoinbase’s cbXRP & Flare’s FXRP Boost XRP DeFi Utility
Coinbase’s cbXRP, a 1:1 pegged representation of XRP, is now available on Moonwell within the Base blockchain ecosystem, allowing users to borrow and lend without liquidating their XRP holdings. This integration bridges XRPL assets to Ethereum Layer 2 DeFi services. Simultaneously, Flare Network has launched FXRP, a decentralized version of XRP, alongside liquid staking and interoperability with assets like cross-chain USDT. Backed by a $100M commitment from VivoPower, Flare aims to enhance XRP’s role in programmable finance. These developments signal growing institutional interest and utility for XRP in DeFi, with Flare’s TVL surging to $144.94 million in mid-June.
about Coinbase's cbXRP & Flare's FXRP Boost XRP DeFi UtilityXRP Ledger Launches XAO DAO for Decentralized Governance
The XRP Ledger is set to launch XAO DAO, its first decentralized autonomous organization, marking a shift toward community-driven governance. Unlike many DAOs, XAO will use XRP for voting instead of issuing a new token, ensuring stability and focus on utility. The DAO will fund developers, validators, startups, and creative projects while supporting regulatory outreach. This launch coincides with XRPL’s growing adoption, including fiat-backed stablecoins and an upcoming EVM-compatible sidechain. However, the network’s rapid growth has also attracted scams, underscoring the need for community oversight—a role XAO DAO may fulfill.
about XRP Ledger Launches XAO DAO for Decentralized GovernanceRipple Launches XAODAO for XRPL Governance & Innovation
Ripple has unveiled XAODAO, a decentralized autonomous organization (DAO) designed to enhance governance and innovation on the XRP Ledger (XRPL). Operating on core principles of decentralization, blockchain technology, and member participation, XAODAO shifts decision-making power from centralized authorities to the community. The initiative includes a structured voting process with phases for proposal, voting, and execution, ensuring transparency and inclusivity. XAODAO is recognized by the XRP Ledger Foundation (XRPLF) as a founding member, further solidifying its role in ecosystem development. Meanwhile, XRP’s price remains volatile, trading at $2.1 amid long-term bullish predictions of up to $100.
about Ripple Launches XAODAO for XRPL Governance & InnovationXRP Ledger Activity Surges as Whales Accumulate
The XRP Ledger (XRPL) is witnessing a significant uptick in network activity, with over 2,700 whale wallets now holding at least 1 million XRP—a record high. Daily active addresses have surged to 295,000, far exceeding the usual 35,000–40,000 range. Key developments, including Circle’s USDC stablecoin launch and Ondo Finance’s tokenized US treasury fund on XRPL, are driving adoption. Analysts like Javon Marks and Dark Defender predict XRP could rally to $4–$8, though short-term resistance at $2.25 remains a hurdle. Currently trading at $2.16, XRP faces volatility but shows long-term bullish potential.
about XRP Ledger Activity Surges as Whales AccumulateXRP Ledger Sees 7x Surge in Active Addresses, Whale Activity
The XRP Ledger (XRPL) has witnessed a dramatic spike in network activity, with daily active addresses surging from 35,000 to over 295,000 in just seven days. Whale wallets holding at least one million XRP have also reached a record high of 2,700, suggesting increased institutional and large-holder participation. Despite this growth, XRP’s price remains relatively stable, trading at $2.20 with mixed technical indicators. Trading volume has surged 157% in 24 hours, reflecting heightened market interest. Meanwhile, Ripple has launched a grant program in Japan to boost XRPL adoption, further fueling speculation about the network’s future growth.
about XRP Ledger Sees 7x Surge in Active Addresses, Whale Activity