XRP Ledger (XRPL) to Boost On-Chain Lending With This New Amendment - U.Today

UToday
XRP-3,73%
MPT-11,71%

XRP Ledger (XRPL) has once again released a new amendment to the blockchain network. The upgrade will boost on-chain lending, alongside other updates.

What changes with new XRPL amendment

Crypto market expert Krippenreiter brought the latest amendment update for XRPL to the community’s attention

Krippenreiter announced the release of v3.1.0 of RippleD, the reference server implementation of XRPL. This release includes critical fixes, amendments, improvements and enables follow-up functionality after v3.0.0.

The analyst flagged “fixBatchInnerSigs” introduced into v3.1.0 as one amendment everyone needs to watch.

Once the amendment goes live on XRP Ledger, it will improve existing features. It specifically addresses a signature validation issue discovered in the Batch transaction feature.

This is especially powerful for lending protocols, where a single atomic operation might need to check collateral, transfer funds and update balances.

Without a reliable Batch, lending flows risk partial execution, and institutions hesitate due to security or reliability concerns.

However, fixBatchInnerSigs patches the signature bug, making Batch safe and trustworthy, and directly enabling robust, scalable on-chain lending.

All XRP Node operators on older versions below 3.0 are urged to upgrade to version 3.1.0. Failure to do so means they will be unable to communicate with the network.

XRPL on improvement journey

The new XRPL amendment comes on the heels of several others as the network aims for network improvement.

In December, the XRPL protocol announced five new amendments. They are “fixPriceOracleOrder,” “fixTokenEscrowV1,” “fixAMMClawbackRounding,” “fixIncludeKeyletFields” and “fixMPTDeliveredAmount.”

“fixPriceOracleOrder” ensures asset pairs follow a canonical order at all times, so investors can predictably look up asset prices.

“fixTokenEscrowV1” fixes an accounting error in MPT escrows, while the “fixAMMClawbackRounding” amendment fixes accounting errors.

Finally, “fixIncludeKeyletFields” adds fields to ledger entries, and “fixMPTDeliveredAmount” adds missing “DeliveredAmount” and “delivered_amount” metadata fields from direct MPT Payment transactions.

Earlier this month, XRP Ledger dUNL validator Vet revealed that a big chunk of these amendments are getting closer to the activation timer. Vet noted that XRP Ledger developers are working hard to keep all features at their best.

For now, the XRP price has showed momentum, alongside the amendment’s announcement. In the past 24 hours, XRP increased slightly by 1.4% to $1.9, with a market cap of $116.6 billion.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Ripple Head Engineer Alerts Node Operators on Important XRP Update - U.Today

RippleX's J. Ayo Akinyele announced an important update (version 3.1.2) for XRP Ledger, addressing potential node outages. Validators must upgrade promptly to avoid being amendment blocked and are advised to trust a new GPG signing key. Ripple is enhancing amendment security by expanding its bug bounty program and improving validator coordination.

UToday2h ago

XRP Holds Near $1.38 as Ripple Moves to Secure Australia License

Key Insights Ripple plans to acquire BC Payments Australia to obtain an AFSL license, strengthening its regulatory presence and payments infrastructure XRP trades near $1.38 while facing resistance at $1.40 as traders assess macro risk and monitor momentum indicators for direction. XRP d

CryptoFrontNews3h ago

Analyst Says XRP Is ‘Criminally Undervalued’ as RSI Drops

Analyst says XRP RSI reached oversold levels last seen during the 2022 bear market bottom. XRP trades near $1.39 with key support at $1.30–$1.35 and resistance between $1.45 and $1.70. Price has declined from about $3.10 since Sept 2025, forming a prolonged downward trend. XRP trades near

CryptoFrontNews3h ago

Japan XRP Payment Rumors Ignite Massive Market Speculation

Japan's crypto landscape is buzzing with potential XRP adoption for payments, fueled by partnerships and regulatory developments, though no official mandate is in place yet. Speculative claims highlight a promising future for XRP amid ongoing fintech experiments.

Coinfomania6h ago

XRP Network is On Fire: Why Daily Transactions Just Tripled to a Massive 3 Million

If you’ve been waiting for "utility" to finally show up in the crypto charts, March 2026 just delivered. The XRP Ledger (XRPL) has officially hit a massive milestone, with daily transactions tripling to reach 3 million. This isn't just a small bump; it’s a full-blown explosion in network usage.

Cryptoknowmics6h ago
Comment
0/400
No comments