XRP Ledger (XRPL) Upgrade 3.2.0 Scheduled for June 15 Implementation
- The XRPL upgrade to version 3.2.0 is set to go live on June 15, following the activation of version 3.1.3.
- The core server software will be renamed from rippled to xrpld, enhancing brand clarity.
- Performance improvements include up to a 40% reduction in memory usage, aiding scalability and transaction volume growth.
- Security enhancements will feature AI-powered testing and bug bounties, focusing on long-term stability without new user-facing features.
- Currently, 84% of nodes have updated to XRP Ledger version 3.1.3.
- XRP price reached a high of $1.17, but fell back to $1.13; analysts are monitoring support at $0.90.
The upcoming upgrade emphasizes the XRPL’s commitment to enhancing performance and security as it expands into real-world asset tokenization and stablecoin applications, particularly with Ripple’s recent RLUSD stablecoin support across over 40 networks.
As the XRP community anticipates the June update, the price fluctuations indicate ongoing market interest, especially with analysts noting critical support levels around $0.90 for potential long-term opportunities.
