Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
Home»ALTCOIN NEWS»XRP Bulls Rally As XRPL Upgrades to 2.1.0
ALTCOIN NEWS

XRP Bulls Rally As XRPL Upgrades to 2.1.0

By Crypto FlexsMarch 3, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
XRP Bulls Rally As XRPL Upgrades to 2.1.0
Share
Facebook Twitter LinkedIn Pinterest Email

  • At press time, more than half of the validators have upgraded to version 2.1.0.
  • XRP rose 8.51% after the launch announcement.

David Schwartz, Chief Technology Officer of Ripple (XRP), has asked validators and node operators on the

What does 2.1.0 bring?

The new release includes bug fixes, performance improvements, and two new fixes. Two new amendments are open for a vote.

Modifications are new features or changes to transaction processing.

As per XRP Ledger’s fix process, a fix must maintain two weeks of support from at least 80% of trusted validators for it to become active.

If the approval rating falls below 80%, the amendment is temporarily rejected and the two-week period starts again.

According to AMBCrypto’s survey of XRPSCAN data, as of this writing, more than 50% of validators have upgraded their servers to version 2.1.0.

XRP Ledger Validator

Source: XRPScan

XRPL sees decline in daily transactions.

Launched in 2012, XRPL is a decentralized open source chain that supports cross-border payments, smart contracts, and digital currencies.

Like other blockchains, decentralization is achieved through a system of nodes and operators.

AMBCrypto found that transactions facilitated on the ledger surged in the final weeks of 2023, peaking at 6.9 million on New Year’s Eve.

However, the number of daily views gradually decreased after that, reaching only 7.89 million on March 2.

XRPL tradingXRPL trading

Source: XRPScan

XRP has finally gained strength.

At the center of XRPL was XRP, valued at $35 billion and valued as the sixth-largest cryptocurrency at the time of this writing, according to CoinMarketCap.

The announcement of the latest release appears to have had a positive impact on XRP as it recorded an impressive 8.51% gain in the last 24 hours. The coin’s weekly chart was equally impressive, showing a return of 17%.


Is your portfolio green? Check out our XRP Profit Calculator


The recent rally was driven by concerns about its poor performance compared to other major coins in the market. The decline in network activity may have contributed to downward pressure.

The price surge has led to increased speculative interest in the coin. Open interest (OI) in XRP futures jumped to a six-month high of $839 million at press time, according to AMBCrypto’s analysis of Coinglass data.

XRP Futures Open Interest SpikeXRP Futures Open Interest Spike

Source: Coinglass

Previous: Bitcoin: How did this group help BTC stay above $60,000?

Next: Double Your Portfolio Value with Spot Trading on 3 Major Altcoins!

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

SEI tokens have soared more than 100% in June -the highest catalyst explained.

June 26, 2025

$ 438m XRP Transfer Sparks Panic- Ripple?

June 19, 2025

Solana Price Eyes 103% Rally $ 300: Here is the reason.

June 12, 2025
Add A Comment

Comments are closed.

Recent Posts

Checkpoint #4: Berlinterop | Ether Leeum Foundation Blog

June 28, 2025

TRON Price Propects USDT supply exceeded $ 80 billion

June 28, 2025

Stablecoin startups surpass 2021 venture capital peaks as institutional money spills.

June 28, 2025

No Altcoin Season 2025 ? Why Bitcoin Dominance Is Holding Strong In The Crypto Market

June 28, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Safe smart account audit summary

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

Bybit Expands Global Reach With Credit Card Crypto Purchases In 25+ Currencies And Cashback Rewards

June 27, 2025

BYDFi Joins Seoul Meta Week 2025, Advancing Web3 Vision And South Korea Strategy

June 27, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Checkpoint #4: Berlinterop | Ether Leeum Foundation Blog

June 28, 2025

TRON Price Propects USDT supply exceeded $ 80 billion

June 28, 2025

Stablecoin startups surpass 2021 venture capital peaks as institutional money spills.

June 28, 2025
Most Popular

Find out how hedge funds used spot Bitcoin ETFs in Q2

August 16, 2024

The FDUSD stablecoin trading pair recorded its highest share of Binance spot trading volume ever.

February 15, 2024

How Does Market Depth Impact Crypto Prices and Trading Strategies?

June 11, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.