XRP Ledger Resilience: 600 Active Nodes Amid Governance Debate

Author : Elisabeth Louise | Published On : 31 Jan 2024

Amidst a heated governance debate, the XRP Ledger (XRPL) demonstrates its resilience with over 600 active nodes and 132 validators. Panos from Anodos Finance highlights the release of XRPL server Version 2.0.1, urging validators to upgrade for forthcoming developments, including Automated Market Makers (AMM).

Despite the dispute, the XRPL experiences remarkable growth, witnessing the creation of 2,500 new XRP accounts and handling 1.4 million transactions in two days, maintaining a robust throughput of 44 transactions per second.

An exciting milestone is the potential for smart contracts on XRPL, backed by Ripple's partnership with EasyA, offering educational resources for developers venturing into decentralized applications (dApps). This collaboration reflects XRPL's commitment to expanding its use cases.

Most validators align with XRPL's future, adopting the latest Ripple software version, emphasizing network security. As the governance dispute centers on XRPL Foundation restructuring, the network prevails, positioned as a dynamic ecosystem capable of overcoming challenges. XRPL's agility, extensive community engagement, and smart contract deployment capabilities make it a promising platform, ready to thrive amid ongoing debates and embrace innovative advancements.