Key facts
- The XRP Ledger Foundation is pushing for the finalization of votes for the 3.3.0 upgrade.
- Over 60% of network nodes are running the latest v3.3.0 release.
- 68.5% of validators have updated to the latest release.
- The XRP Ledger 3.3.0 upgrade includes performance improvements and reduced memory usage.
- XRP price has rallied over 2% today and 50% in the past week.
- Spot XRP ETFs saw $39.78 million in institutional inflows last week.
The XRP Ledger Foundation is actively encouraging validators to complete their voting process to finalize the XRP Ledger 3.3.0 upgrade. As of the latest updates, a significant portion of the network's nodes and validators have already adopted the new release. The foundation has urged all node operators and validators to update to the latest version to avoid being blocked from amendments. The XRP Ledger 3.3.0 upgrade is designed to enhance performance, including reduced memory usage and improved node synchronization following the previous 3.2.0 upgrade. The foundation also highlighted six specific amendments requiring validator votes: Confidential Transfer, BatchV1_1, DynamicMPT, PermissionDelegationV1_1, Sponsor, and fixCleanup3_3_0. Ripple has reportedly supported the fixCleanup and Permission Delegation amendments. This news coincides with a notable rally in XRP's price, which has seen a more than 2% increase today and a 50% surge over the past week. Institutional interest remains strong, evidenced by substantial inflows into XRP ETFs and Goldman Sachs' re-entry as a top holder. XRP futures open interest has also seen a significant climb, indicating growing speculative activity.