The XRP Ledger has officially launched software update 2.5.0, aimed at expanding its functionality for institutional and enterprise applications. The update brings a wide range of performance enhancements and new capabilities.
New Token Escrow Functionality
One of the most significant additions in this version is the inclusion of token escrow functionality. This feature allows the locking and timed release of tokens such as RLUSD and other XRPL-based assets. This supports use cases including vesting schedules and structured payouts, helping decentralized applications manage user deposits more effectively.
Permissioned DEX and Delegated Authority Support
The update also introduces permissioned decentralized exchange (DEX) support and permission delegation capabilities. These additions aim to increase network control options for regulated use cases, offering developers tools to manage access and execution authority more precisely.
Increasing XRP Activity Ahead of Update
Prior to the release, the XRP Ledger recorded a notable uptick in network activity. Daily address creation surged by nearly seven times, while whale wallet activity reached new highs. These metrics reflect rising interest in the network’s capabilities, particularly as other blockchains face slowdowns.
With the launch of update 2.5.0, the XRP Ledger strengthens its market position and expands its functionality for institutional users, offering new asset management opportunities and enhancing platform efficiency.
