Ledger

XRP transactions overall climbed by 108% in the first quarter of 2024. The $2 billion penalty that the SEC has suggested for XRP sales is something Ripple objects to. With updates on their ongoing SEC complaint and a summary of noteworthy on-chain activity, Ripple Labs Inc. just published its first quarter ecosystem performance report. According to the research, there was a startling 108% rise in total transactions on the XRP Ledger protocol from the 121,031,713 transactions reported in Q4 2023…

Anodos Finance has now been added as a Unique Node List operator on XRP Ledger. XRP Price did not shift significantly despite the news. On Tuesday, the XRP Ledger (XRPL) Foundation announced the inclusion of Anodos Finance to its Unique Node List (UNL). As a result, Anodos Finance is now one of XRPL’s 35 trusted validators to ensure stability and integrity on the network. Relevance of the XRP Ledger Unique Node List Typically, the UNL refers to a specific set…

Ripple’s XRP Ledger is gearing up for major upgrades including DeFi solutions and dynamic NFTs. These enhancements aim to make the ledger more user-friendly and versatile, supporting a variety of use cases. Exciting developments are in store for the XRP Ledger with proposed upgrades set to revolutionize its functionality. These enhancements include advanced DeFi solutions and the integration of digital identity, marking a significant evolution in blockchain technology. Dynamic NFTs and options trading are also on the agenda, signaling a…

XRP has failed to record a daily close above the $0.53 resistance for five days, with the SEC’s filing against Ripple’s expert witness motion failing to influence the market. XRPL developers have proposed a direct lending mechanism that doesn’t rely on smart contracts; the loans would have a fixed term and accrue interest but wouldn’t need on-chain collateral. DeFi has become a cornerstone of the crypto community, and while Ethereum remains the sector overlord, the XRP Ledger (XRPL)’s DeFi ecosystem…

Ripple has partnered with HashKey DX and SBI Group, to bring XRPL-powered innovative solutions to the Japanese market.  Ripple’s collaboration underscores its proactive approach to diversifying its product offerings and expanding its market reach. Ripple, a prominent enterprise blockchain solutions provider, has unveiled a new partnership with Tokyo-based HashKey DX and SBI Group to introduce innovative solutions powered by the XRP Ledger (XRPL) in Japan. The collaboration aims to tap into the burgeoning blockchain adoption trend, starting with the supply…

The XRP Ledger (XRPL) has recently implemented the ‘fixAMMOverflowOffer’ amendment, a crucial update aimed at rectifying issues associated with large synthetic AMM offers. The latest ‘fixAMMOverflowOffer’ update aims to streamline operations and boost efficiency on DEXes. In a significant development, the XRP Ledger (XRPL) has implemented a pivotal Automated Market Maker (AMM) amendment, aimed at enhancing functionality and rectifying critical issues. Named ‘fixAMMOverflowOffer,’ this update specifically targets challenges associated with large synthetic AMM offers, thereby streamlining operations on decentralized exchanges…

Ripple CTO David Schwartz defends XRP Ledger’s blockchain status, citing its adherence to key criteria. Critics question XRP Ledger’s classification due to its unique consensus mechanism, but Schwartz remains firm. Ripple’s Chief Technology Officer (CTO), David Schwartz, recently stepped forward to address the ongoing debate surrounding the classification of XRP Ledger as a true blockchain. Amidst contentious discourse, Schwartz firmly asserts that XRP Ledger meets and exceeds the foundational criteria of blockchain technology. I think XRPL meets the definition of…

The post XRP Ledger Flashes Big News: Is It A Trigger For XRP Price’s Bull Run? appeared first on Coinpedia Fintech News The decentralized finance (DeFi) landscape within XRP has seen advancement through the integration of automated market maker (AMM) features, overseen by its decentralized network, the XRP Ledger (XRPL). Achieving a new milestone, the XRPL has successfully completed transactions across 87 million ledgers, potentially setting a bullish sentiment for a significant price recovery of XRP in the coming hours.…

XRP Healthcare has partnered with Isansys to boost health services delivery in Uganda. XRP Healthcare is plotting a proactive approach to achieve its goals through strategic collaborations. XRP Healthcare, a blockchain-based healthcare platform, announced a collaboration with Isansys Lifecare, a digital healthcare technology innovator, to improve healthcare infrastructure and services in Uganda. This collaboration intends to redefine healthcare on the XRP Ledger, beginning a path to improve patient care and operational efficiency across the country. Promise XRP Healthcare and Isansys…