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Justin Bons claims the XRP Ledger is centralized due to its validator structure. David Schwartz emphasizes that XRP Ledger purposefully avoids central control by Ripple. Continue Reading: Ripple Defends XRP Ledger’s Decentralization as Centralization Claims Spark Heated Debate The post Ripple Defends XRP Ledger’s Decentralization as Centralization Claims Spark Heated Debate appeared first on COINTURK NEWS .

Ripple CTO David Schwartz has dismissed claims of XRP Ledger centralization as "objectively nonsensical.".

A crypto analyst and XRP enthusiast known as BarriC recently noted that XRP could experience two very different types of rallies: a retail-driven run or a utility-driven run. The price outcomes under each scenario would not only differ in magnitude but also in structure and sustainability. A retail surge could push the token into the $5 to $10 range. However, a broader utility run tied to global adoption could, in his view, send prices far beyond the double-digit price range. What To Expect With A Retail Run For XRP A retail run refers to a rally that’s based on inflows from individual investors. This type of move is usually due to hype, social media momentum, fear of missing out, and capital rotating into large-cap altcoins from individual retail and whale investors. Related Reading: A $117 Million XRP Deal Just Happened, And No One Knows Who Did It This is a scenario XRP’s price action has been subjected to multiple times. where demand spikes quickly, trading volume surges, and breakout levels are chased. Gains can materialize within weeks and months, especially if the broader crypto market enters a bullish phase. According to BarriC, the next retail-driven cycle could push the price to a price target between $5 and $10. That projection is on what retail enthusiasm alone can achieve. However, retail rallies tend to be volatile and can retrace once sentiment cools, and capital rotates away from the crypto industry. What A Utility Run Looks Like For The Altcoin A utility run is fundamentally different from a retail-based run. A utility run would be driven by sustained real-world usage of the XRP Ledger and integration of Ripple’s payment infrastructure into global finance. Related Reading: Analyst Predicts XRP Price Will Reach $13 In 3 Months As Accumulation Ends According to BarriC, with a utility run, we could see prices for XRP starting at a minimum of $100 and then moving rapidly to $1,000. Then we could see the altcoin skyrocketing from there into the $10,000 to $50,000 price range. XRP was designed to facilitate cross-border settlements, liquidity provisioning, and fast value transfer. The outlook is that demand would come from usage once banks, payment providers, and financial institutions start to adopt XRP and the XRP Ledger at scale for on-demand liquidity and tokenization of real-world assets. Speaking of XRP utility, XRP’s utility is a symbiotic relationship with the XRP Ledger. According to XRPL validator Vet, you cannot do anything on XRPL without XRP. “XRP is in the middle of everything,” he said. These comments were made in a recent YouTube podcast where Vet explained that the Ledger was never built as a single-asset chain like Bitcoin. From launch, the XRP Ledger included a native decentralized exchange, tokenization through issued assets, and features of a multi-asset ledger. Users can create stablecoins, tokenize assets, and trade directly on-chain without relying on external smart contracts. XRP is at the middle of all these functionalities, and therefore, a utility price run is based on infrastructural adoption of the XRP Ledger. Featured image from Getty Images, chart from Tradingview.com

Hashgraph Group unveiled TrackTrace to simplify compliance with new EU supply chain standards. The platform uses distributed ledger and AI to automate reporting and verify supply chain data. Continue Reading: Hashgraph Group Launches TrackTrace to Help Companies Meet EU’s Product Traceability Standards The post Hashgraph Group Launches TrackTrace to Help Companies Meet EU’s Product Traceability Standards appeared first on COINTURK NEWS .

XRP developers have proposed a new amendment that would introduce Batch Transactions on the XRP Ledger (XRPL). Vet, an XRPL dUNL validator, has revealed that the amendment was still under voting by validators. He also shared key insights into the proposed amendment, highlighting the main benefits it would bring to the ecosystem and some recent challenges it has faced. About The New XRP Ledger Amendment The new amendment, XLS-56d: Batch Transactions, was created by Denis Angell, a software engineer at XRPL Labs. According to reports, the amendment will make it even easier for developers to build applications that can generate revenue directly on-chain. It will also simplify the process of offering paid features and help automate transaction flows. Related Reading: A Major XRP Ledger Win That Most Investors Might Have Missed Notably, Vet stated that the highly anticipated amendment would enable developers to execute multiple transactions atomically. He explained that this capability would support project monetization, trustless swaps, and enable businesses to issue service charges more sustainably. Additionally, it would help settle multiple accounts and assets atomically. To provide further context on the new amendment, Vet referenced a publication by Shawn Xie, a developer at RippleX. In the article, Xie explained the concept of atomic execution and outlined how the new batch amendment would enhance the XRPL ecosystem. He explained that Batch Transactions allow developers to bundle up to eight transactions into a single atomic package, ensuring that all transfers are executed according to the set rules. This approach delivers more predictable, reliable outcomes, representing a significant advancement in programmability without relying on smart contracts. For the XRP Ledger, Xie has stated that the amendment would create opportunities for cleaner code and safer applications. He emphasized that it would improve user experience by eliminating issues such as partial mints, broken offers, or failed transfers. Additionally, it will allow transactions to be grouped logically and signed together. Other benefits of the proposed amendment include introducing new monetization paths and design patterns. Xie also noted that Batch Transactions would enable immediate utility across many real-world sectors, including platform fees, DEX swaps, trustless multi-account swaps, fallback withdrawals, and NFT minting/offerings. Batch Amendment Runs Into Bug Issues While still under validator voting, the XRP Ledger Foundation reported that the Batch amendment had run into a bug, discovered through the platform’s Bug Bounty program, before activation. The foundation has revealed that the issue has been resolved and the XRPL network remains unaffected and fully secure. Related Reading: What Happens Now That The XRP Price Has Revisited The October 10 Lows? The foundation has advised XRPL validators to veto the Batch amendment while the team reviews the community-submitted bug report. They said the community’s collaboration was instrumental in catching the issue early and preventing potential disruptions. Following this, Vet has shared an update, announcing that a new XRP software update will arrive next week, deprecating the current Batch amendment. He said follow-ups will likely include a detailed bug report and another software release introducing a fixed version of the amendment. Featured image from Free3D, chart from Tradingview.com

XRP is currently trading without a clear bullish sentiment, but a few analysts are of the notion that the token is on the verge of something bigger than a standard bull cycle. A recent post on X by crypto commentator 24HRSCRYPTO predicts that what lies ahead for XRP may not resemble the typical 6-12 month surge seen in previous cycles. Instead, he believes a multi-year expansion phase could be unfolding, one based on liquidity and real-world utility. XRP Is About To Change Forever At the time of writing, XRP is now stuck trading within a consolidation structure between $1.30 and $1.50. However, this hasn’t stopped bullish proponents from projecting bullish price targets for XRP all over social media. This is mostly due to ongoing developments across the XRP Ledger ecosystem and Ripple’s expanding institutional footprint, which are all giving long-term holders reasons to hold on to their bullish predictions. Related Reading: AI Explains What’s Driving The Ethereum Price Volatility, Can It Rise Above $3,000 Again? According to 24HRSCRYPTO, prior XRP bull runs were pushed on by narrative momentum. This is actually visible in the 2017 and 2021 rallies, coinciding with speculative enthusiasm across the crypto sector, sending XRP to highs in a short period of time. Those moves were rapid, emotional, and heavily sentiment-driven by inflows from retail investors and individual whale investors. The XRP ecosystem’s dynamics have changed since then, and according to 24HRSCRYPTO, the next XRP price cycle will be driven by structural integration. Instead of hype cycles, the focus is on XRP’s core design as a bridge asset for cross-border settlement. The expectation is that liquidity will start to flow across institutions that use XRP, and therefore, its price behavior will transition from volatile behavior to valuation tied more directly to usage. As networks scale, liquidity deepens, and real value moves on-chain, assets that fuel the system won’t behave like casino chips anymore. Ledger Developments And Institutional Positioning Recent upgrades and ecosystem milestones also support the infrastructure narrative. Developers and validators of the XRP Ledger are introducing features to improve institutional accessibility of XRP. The most recent feature is the launch of permissioned decentralized exchange functionality, which is designed to make on-chain activity more attractive to regulated banks and financial institutions. Related Reading: Can Litecoin Price Bounce To $285? This Trend Maps Out 5 Major Levels Ripple, the company closely associated with XRP’s enterprise adoption strategy, has continued to position itself within the global payments and tokenization landscape. The company has expanded partnerships across financial institutions and has emphasized the tokenization of real-world assets as a key growth avenue. Some of these partnerships include a recent strategic partnership with a UAE-based digital bank as part of its effort to break into financial institutions in the Middle East. There are other instances of this, ranging from partnerships to develop tokenized versions of traditional funds on the XRP Ledger to acquisitions of financial companies, all of which are part of Ripple’s plans to expand its global footprint. These are all moves that support an infrastructure-driven outlook for XRP’s future price action. Featured image created with Dall.E, chart from Tradingview.com

XRP Ledger activity hit record highs in February, despite weak price performance. AMM interest and new tools signal growing DeFi use and institutional engagement. Continue Reading: XRP Ledger Sees Record Transactions While XRP Price Slips for Fifth Straight Month The post XRP Ledger Sees Record Transactions While XRP Price Slips for Fifth Straight Month appeared first on COINTURK NEWS .

SBI Ripple Asia enters a major collaboration with a South Korean blockchain firm to explore the use cases of the XRP Ledger while deploying it for payment services in Japan and South Korea.

XRP Ledger sees some serious price growth, but at the same time, the asset's market performance is not even remotely positive.