News
Public · Published
XRP Ledger Ships xrpld 3.4.0 With New Lending Protocol Amendments
RippleX released xrpld version 3.4.0 for the XRP Ledger, including the LendingProtocolV1_1 amendment that adds closed-ended vaults and cash-basis accounting to the ledger's native lending features.
Published:
Updated:
What happened
RippleX released xrpld version 3.4.0 for the XRP Ledger, including the LendingProtocolV1_1 amendment that adds closed-ended vaults and cash-basis accounting to the ledger's native lending features.
Confirmed
Global impact / market context
The update could boost the XRP Ledger's appeal for lending, potentially leading to more users and businesses, which might increase demand for XRP and benefit investors who hold the asset.
Analyst inference
Improved functionality may strengthen confidence in XRP and encourage broader adoption, possibly affecting XRP's price. Investors might adjust positions based on the ledger's enhanced capabilities.
Analyst inference
What to watch
- The LendingProtocolV1_1 amendment includes closed-ended vaults and cash-basis accounting, which are new features for the XRP Ledger's native lending, as detailed in the article. Confirmed
- Validators will decide whether to approve the amendment, which determines if these lending features go live. Watch for voting outcomes, as they affect the ledger's future. Proposed
- Increased lending activity could boost usage of XRP, which may influence its value. Observing trading volumes and price trends can offer insights into market reactions. Analyst inference
Affected assets
- XRP — XRP