XRP Ledger Releases New Upgrade to Boost Network Performance — Will It Move the Price? - adtechsolutions

Physical Address

304 North Cardinal St.
Dorchester Center, MA 02124

XRP Ledger Releases New Upgrade to Boost Network Performance — Will It Move the Price?



Ripplex, ripple arms, established Version 2.5.0 Books XRP In the middle of the introduction of several upgrades of protocol aimed at strengthening the functions and security of the network.

Key with you:

  • XRP Ledger V2.5.0 adds multi -purpose tokens and improved custody support.
  • New upgrades increase transaction efficiency, Dex and network security.
  • Cash whales and daily active addresses on record maximum XRP Ledger.

Ripplex Engineer Mayukha Vadari has described as “perhaps the best single amendment assembly” in one editionThe upgrade brings key changes that could have an impact on how tokens are managed and how transactions are processed throughout the network.

The most important are the XLS-85, which increases the system by adding support for tokens issued by third parties, including stablecoins.

XRP upgrade is a multi -purpose tokens

The amendment also allows multi -purpose tokens (MPT) adapted for institutional use.

XLS-56, another main change, represents packaging transactions, brings together up to eight steps into one to reduce the high level of failure in multi-stage streams.

The update also includes the XLS-81 and XLS-75, which add the functionality of the decentralized exchange (DEX) and allow delegated transaction authorization.

In addition to the features of functions, version 2.5.0 solves several fears of security. It adds inspections of the interaction of the automated market creator (AMM) and introduces protection against SPAM NFT.

A critical error that made it possible to create non -functional payment channels.

“Huge progress – Kudos you Mayukha and all Devs who contributed to this edition!” Brad Garlinghouse, CEO of Ripple, said in response to the announcement.

As mentioned, the book XRP noted an increase in the userWith the number of daily active addresses climbing from an average of 35,000 to more than 295,000.

Along with increasing use, the number of whales, which holds more than 1 million XRP, achieved a maximum of 2,700-milenian, which has not been seen in the 12-year history of the protocol.

The increase in large holders may reflect a growing institutional or highly clean value in the long term XRP.

In May, vivopower also Invested $ 121 million in XRP As a strategic reserve that makes it the first company in the world with a cash register focused on XRP.

XRP Bulls will try to recover

The XRP is traded nearly $ 2.19 at the time of writing and shows minor profits after an unstable decline.

On the 12 -hour graph, XRP remains under the upper Bollinger Band ($ 2.23), suggesting that they still face resistance to directing.

RSI is located at 62.45, just below the overflowed threshold, which suggests space for the foot, but indicates short -term exhaustion. MacD is a flattening and reflects the slowing of bull momentum.

In the 30 -minute time frame, the XRP RSI cooled at 54.79 along the top near 70 during a short intraday reflection, while MACD is starting to turn up and signals a potential recovery.

The price created a local base over $ 2.18, the Bollinger Band Middle Line, with $ 2,19 now acting as a short -term support level.

The 1 minute chart shows the improvement of microstructure, with RSI over 60 and MACD lines pass to a positive area. The volume remains relatively low, suggesting that the current movement lacks strong beliefs.

For the time being, XRP must definitely break over $ 2.23 to question other levels of resistance.

Failure to observe $ 2,18 could open a $ 2.10 repetition door. Bulls are trying to regain control, but the market remains careful about regulatory headwinds.

Contribution XRP Ledger releases a new upgrade to increase network performance – moves the price? He appeared for the first time Cryptonews.





Source link

Leave a Reply

Your email address will not be published. Required fields are marked *