Ripple triggers a surge in XRP Ledger activity with the latest update

The XRP Ledger has launched Software Update 2.5.0, which includes batch transactions, token escrow, permissioned DEXs, and permission delegation, aimed at improving its competitiveness in decentralized finance.

In the two weeks leading to the update, daily active addresses on the XRP Ledger soared over 7x, indicating heightened interest from both users and developers.

Following the update, XRP’s price jumped by 6%, reflecting positive market sentiment about its new features and potential to attract further developers and partnerships.

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