The XRP Ledger (XRPL) has implemented a significant upgrade with the rollout of version 2.5.0, introducing enterprise-oriented features while XRP faced market turbulence. The update activates two pivotal amendments: XLS-85 enables multi-purpose token functionality, enhancing escrow capabilities to manage third-party assets like stablecoins, while XLS-56 introduces bundled transactions to reduce failure rates during network congestion.
XRP’s price simultaneously experienced a 9.5% decline over the past week, attributed to macroeconomic pressures. Market uncertainty intensified following weak U.S. employment data showing only 73,000 new jobs created last month and unverified rumors of a potential cryptocurrency ban in China.
Cryptocurrency analyst Ali Martinez identified $2.40 as a critical support threshold for XRP to withstand ongoing volatility. Meanwhile, RippleX confirmed that user assets remained entirely secure throughout the ledger update process, with no impact on holdings despite significant underlying protocol changes.
The XLS-85 amendment specifically broadens XRPL’s flexibility by allowing complex management of non-native assets, positioning the blockchain for expanded institutional utility in financial applications. Combined with enhanced transaction reliability through bundled processing, the upgrades aim to strengthen XRP Ledger’s infrastructure foundations despite current market headwinds.