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Jakarta, Pintu News – XRP Ledger’s (XRPL) new software update version 2.5.0 has been launched, bringing major improvements to the network. With advanced features on offer, XRPL now aims to compete directly with Ethereum (ETH) and Solana (SOL), marking a major step in its technological evolution.
Check out the full news below!
One of the most anticipated features in this update is batch transactions. This feature allows companies to make bulk payments and token distribution more effectively, opening up real usage opportunities for institutions.
Escrow tokens are also in the spotlight, enabling secure automated payments, perfect for vesting schedules and deposit management in decentralized applications (dApps).
The update also introduces permissioned decentralized exchange (DEX) and permission delegation, giving developers greater control and flexibility. With these features, developers can customize their operations on XRPL more efficiently, improving security and reliability in transactions.
In addition, this update also addresses a number of bugs, especially those related to NFT trustlines and RPC responses, making the network faster and more stable.
Since the launch of the update, XRPL network activity has increased significantly with daily addresses increasing 7-fold and whale wallets reaching new records. Meanwhile, Ethereum (ETH) and Solana (SOL) saw a decrease in activity and capital outflows. This increase also impacted the value of the tokens, with XRP rising almost 6% to $2.17, recovering the losses incurred on Sunday.
With this update, XRPL not only demonstrates its ability to compete with other large blockchains but also affirms its position as an innovative and adaptive platform. Going forward, with support from major entities such as CME Group, Uphold, and Ondo Finance, XRPL is expected to continue to grow and expand its influence in the blockchain industry.
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