The software update version 2.5.0 of XRP Ledger expands the network's potential.
XRPL has successfully launched software update 2.5.0, a breakthrough release that brings a series of enhancements and groundbreaking new features to the network. This is one of the most impressive updates in the history of XRP Ledger, expanding numerous practical applications and synchronizing Tokens with the global cryptocurrency and blockchain community.
Transaction Aggregation – A breakthrough in batch processing
A notable highlight of this version is the batch transaction feature, which allows the aggregation of numerous operations into a single transaction. This feature is extremely useful for businesses and fintech projects that need to process large amounts of payments quickly or distribute Tokens at scale, such as payroll, airdrops, or launching dApp Tokens at low costs while minimizing on-chain transactions.
Token Escrow Wallet – Elevating DeFi Products
The update also supports Token escrow, helping to lock assets like RLUSD and other Tokens for scheduled releases. This feature is optimized for financial products such as vesting schedules, timed payments, or escrow management systems. It opens the door to developing more complex and secure DeFi tools on the XRP Ledger.
Controlled DEX – Efficiently managed trading space
Version 2.5.0 also restructures decentralized exchanges with a permissioned DEX model, allowing developers to restrict transaction access based on regulations. This approach provides a controlled trading environment, suitable for tightening capital management standards.
Ripple drives unexpected acceleration in XRP Ledger network activity.
Many performance metrics of the network have grown beyond expectations immediately after the update. In the two weeks leading up to the update, the number of active daily addresses increased more than sevenfold, indicating that interest from the developer community and users is driving the expansion of XRPL's application scope.
In the context of Solana losing appeal due to a decline in meme coin and NFT trading activity, which has retreated to competitors like BNB Chain, XRP has emerged as a superior option with large capital flowing into the network. Reports indicate that over $2.5 billion has left Solana in recent weeks. Ethereum is also under pressure from scalability issues.
The XRP ecosystem has continuously signed partnerships with major financial institutions like Uphold and Ondo Finance, expanding the capacity for trading digital assets, tokenizing real assets, and cross-border financial applications – areas that were previously often associated with Ethereum protocols.
XRP price surged by 6% after the software update.
Notably, the price of XRP surged nearly 6% just hours after the release of 2.5.0, completely reversing the strong decline of many cryptocurrencies beforehand. This is a sign that the investor community assesses this as not just a technical patch but a fundamental upgrade with highly practical features.
The ability to aggregate batch transactions and Token escrow creates practical utility, promising to attract more developers, startups, and businesses to choose to build ecosystems on the XRP Ledger.
Mayukha Vadari, a senior software engineer at RippleX, once revealed in a developer livestream that version 2.5.0 could be a major turning point. According to her, XRPL will be ready to surpass Ethereum and Solana in terms of scalability as well as acceptance within financial institutions.
Source: https://tintucbitcoin.com/xrp-ledger-2-5-0-ra-mat-nang-cap/
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