The XRP Ledger has rolled out an upgrade to version 2.5.0, featuring numerous functionalities aimed at optimizing transactions and improving asset control.
Key Enhancements in v2.5.0
The upgrade includes new functionalities such as transaction batching for operational efficiency, token escrow enhancements for better asset control, and support for permissioned DEXs. These updates could significantly expand XRP's utility for both institutions and developers.
Active Addresses Remain Steady
Despite a sharp 46.26% drop in 24-hour trading volume to $2.76 billion, the number of active addresses on the XRP Ledger has remained stable. This indicates continued usage of the network even amid short-term market fatigue. Such resilience may suggest that the upgrade is already subtly influencing transaction behavior.
XRP Price Analysis
Currently, XRP is trading at $2.18, down a modest 0.08% over the past 24 hours. The price briefly tested resistance at $2.22 but failed to maintain momentum as volume declined. Technical analysis shows XRP remains above its short-term support at $2.17, with a clear target zone in the $2.40–$2.45 range.
The upgrade to XRP Ledger v2.5.0 marks a significant step in the evolution of XRP's infrastructure, potentially contributing to its utility and the increase in address activity in the future.
