The XRP Ledger halted for 64 minutes due to a validation publication issue. This incident raised discussions about the network's centralization.
What Happened to the XRP Ledger?
On February 4, 2025, the XRP Ledger ceased operation at block height 93927174. The issue prevented the publication of validations, causing a 64-minute stoppage.
Response and Actions Taken
Validators had to manually take control and choose a 'rational starting point' to restore network operations. RippleX ensured that customer funds were not compromised.
Implications for Ripple and the Market
The incident sparked discussions about the centralization of the XRP Ledger, since only a few validators can make network changes. Post-restoration, the XRP price rose by 3.2%, aligning with its overall performance growth since Donald Trump's victory in the US elections.
The recent XRP Ledger halt underscores the need for dialogue on centralization and Ripple's next steps to strengthen trust in the crypto industry.
