XRP price is US$1.39, loan function voting progress 17/25: How to verify the voting results by yours

XRP price stagnated at $1.39: The progress of on-chain voting is more indicative than price fluctuations.

On Sunday morning, XRP price was $1.3937, which has been calm for three consecutive days. However, what is more eye-catching this weekend is not the price trend, but the ongoing voting by XRP Ledger (XRPL): A clean-up update has received a majority of the required validators and will be automatically activated on Friday, October 23. In contrast, the lending function, which is the core of Ripple's 2027 business plan, currently only receives 17 of the 25 votes needed.

Both data are derived from the same source, the amendment voting process in ledger 107,580,127. Readers can check by themselves without an account or software. This article will step by step guide how to do this.

XRP Price Status: Lack of direction for three consecutive days

According to the daily closing price of the Kraken Exchange, it was US$1.3944 on October 9 and US$1.4010 on October 10. The latest closing price is US$1.3937 today (October 11). The highest and lowest prices of the day were US$1.4104 and US$1.3862 respectively, with an amplitude of only 1.8%. The average daily average amplitude over the past 30 days was 5.6%.

From a weekly perspective, the situation is different. XRP has fallen 8.3% since its close of $1.5202 on October 4. Downward breakthroughs occurred on October 7 and 8: from the October 6 close of $1.4970 to an intraday low of $1.3177 on October 8, a drop of nearly 12% in two days. According to CoinGecko data, the current market value is approximately US$88 billion, and trading volume in the past 24 hours has been approximately US$708 million.

XRPL Amendment Mechanism: 25 votes out of 32 verifiers and a two-week period

An "amendment" refers to a change to XRP Ledger's own rules, similar to a law that requires a sufficient number of lawmakers to take effect. Unlike software updates, when to apply is decided by the validator (the server node that confirms the new block), rather than Ripple's unilateral decision.

The process is hard-coded and requires no human intervention. If approximately 80% of the validators in the default list vote for a change, the ledger records that moment. If this majority opinion remains for two weeks, the amendment will automatically activate. If the support rating falls below the threshold at any time within two weeks, the timer will start again. The default list currently contains 32 validators, so the threshold is 25 votes.

This means two things for holders: First, you don't have to take any action because your token remains unchanged in the ledger; and second, you can predict when the feature will be activated by observing the schedule before confirmation by the official press release.

fixCleanup3_4_0 will be activated on October 23

On October 9, the amendment called fixCleanup3_4_0 met the majority criterion. Since then, the ledger has started to count, and currently 26 of the 32 validators support it. If there is no repetition, the change will take effect on the morning of October 23.

As the name suggests, this is a cleanup effort. Such fix fixes are intended to remove old code that is no longer needed after earlier versions and to clear subtle inconsistencies in the rulebook. This has no direct impact on prices, but it has reference value for understanding the voting mechanism. The validator can usually decide on technical corrections within a few days. During the four days from October 8 to 9, three additional amendments were activated, including PermissionDelegationV1_1 and BatchV1_1.

LendingProtocol received 17 votes: the situation with 3 votes added to

lending function on October 6 is completely different. The Lending Protocol, which allows loans to be issued and mortgaged directly through the ledger, currently has 17 votes out of 32 validators. When we reported on the Ripple loan plan and amendment on October 6, the number was 14 votes. Three votes were added in five days, but eight votes were still short.

If linear extrapolation is carried out at this rate, it may take about 13 days to make up the remaining 8 votes, followed by a two-week countdown. But this is speculation, not prediction: Verifier votes tend to explode, such as when a new server version is released or an operator changes configuration.

SingleAssetVault won 19 votes: The basic module for lending depends on

In discussions around lending, the second key point is often ignored. SingleAssetVault, which is above it in the list, currently has 19 votes in support. In this context, a "treasury" refers to a collective pool in the ledger into which multiple users deposit the same assets, and agreements are extracted and distributed from them.

This is exactly what is necessary for the loan function in the plan, because without it, the capital lent would have no place to stay. The revised version of LendingProtocolV1_1 is also at 17 votes. These three key components are closely connected, while the most critical component is still six votes short of the threshold.

Real-time voting query: Two channels that do not require registration

You don't have to believe what others say, you can get your own data in a minute. There are two paths:

Path 1: Use the XRPScan browser. Its amendment page lists three details for each change: the number of approved verifiers, the threshold, and whether it has been activated. To check the progress of the loan function, find the LendingProtocol line and read the ticket sequence.

Path 2: Directly query the ledger through public nodes. Use the features method to request the XRPL server to return the enabled and supported fields of all amendments; use the ledger_entry method and turn on the amendments switch to obtain additional Majorities entries. If a change displays a timestamp here, its two-week countdown is underway. The October 23 date in this article is derived from this. The functions corresponding to each name can be found in the "Amendment Overview" of the XRPL document.

与价格报告相比，投票计数的优势显而易见：投票数可以重新计算且变化缓慢，而价格每秒都在变动。希望了解承诺功能是否临近的 XRP 持有者，应更信赖投票计数。若你正准备建仓，建议先比较费用和托管方式，因为不同提供商之间差异显著。

技术分析与关键价位

回到图表分析，基于合理的技术水平：

• 近期区间：10 月 6 日至 8 日的下跌从 1.4970 美元降至 1.3177 美元。该区间的中间点位于 1.4073 美元。价格已在该位置附近徘徊三天，目前略低于该点位约 1%。
• 阻力位：市场通常在快速下跌后回测中间点，然后展示真正的方向。10 月 10 日高点触及 1.4117 美元，今日高点为 1.4104 美元，均未站稳在该中间点之上。上方下一个合理阻力位是 50 日均线 1.4309 美元，比今日价格高出约 2.6%。
• 支撑位：下方第一个支撑位是 10 月 8 日的日内低点 1.3177 美元。再下方明显距离处是 200 日均线 1.2797 美元（基于过去 200 个交易日收盘价计算）。当前价格高于该均线 8.9%，具备一定的缓冲空间。
• 月度范围：作为背景参考，9 月 22 日月度高点为 1.5723 美元，9 月 15 日月度低点为 1.2826 美元。今日价格几乎恰好位于该范围的中间。

Tax and regulatory background

If the borrowing function is finally activated, it is crucial to understand the tax treatment in advance, as this involves two separate pools of funds:

1. Principal portion: According to Article 23 of the German Income Tax Law, cryptocurrencies held by individuals are sold after holding for more than one year, and the proceeds are tax-free. The total proceeds of all private disposals for one year enjoy a tax exemption of € 1,000. Regarding whether loans will extend the holding period to ten years, the Federal Ministry of Finance clearly answered no in a letter dated May 10, 2022, so the one-year rule still applies to loans and pledges.
2. Interest part: Interest is regarded as other income as stipulated in Article 22, paragraph 3, of the German Income Tax Act and is subject to personal tax rate once the annual total exceeds 256 euros. This is an exemption, not a deduction: if it reaches 257 euros, it will be taxable in full, not just one euro in excess. Holders with multiple income sources should pay attention to cumulative inflows, based on the total amount. A tax tool connected to your wallet can assist with bookkeeping.

Also note: European crypto regulation MiCA regulates transactions, custody and redemption by supervised service providers. Lending through agreements is not within its jurisdiction. Therefore, users who borrow money through such agreements do not enjoy investor protection under MiCA and only bear the risk of smart contract codes. This is different from centralized providers, which are subject to other rules.

Editor's opinion: The current voting weight is higher than the chart shape

在我们看来，账本中的投票计数是未来几周比价格行为更诚实的指标。证据如下：四项技术修正案在四天内激活，第四项已定于 10 月 23 日。相比之下，借贷功能的三个构建模块分别处于 17、17 和 19 票，五天内仅进步了 3 票。

结论是：账本技术 visibly 在推进，但旨在将其转化为收入的商业计划却卡在无法加速的投票进程中。唯一的反对论点是：XRPL 的投票呈爆发式而非线性，单次服务器更新可能同时切换多个验证者。因此，上述 13 天的预测仅为计算，而非承诺。此处不构成任何买卖建议：我们评估局势，决策权在你手中，加密货币存在归零风险。

总结要点

1. 10 月 23 日是确定的，借贷功能尚未确定。fixCleanup3_4_0 将在周五激活，拥有 26 票支持。LendingProtocol 仍需 8 票，且暂无截止日期。关注 XRP 发展的追随者应从投票计数中获取信号，而非等待公告。
2. $1.3177 至 $1.4309 是当前的震荡框架。中间点 $1.4073 是 10 月下跌的基准，价格已在此徘徊三天。只有日线收盘明确高于 $1.4309 或低于 $1.3177，才会改变格局。
3. 年收入超过 €256 需纳税，持币满一年免税。区分这两个资金池可为春季报税节省精力。希望永久自我托管的持有者需要硬件设备，建议参考硬件钱包的比较评测。

（截至 2026 年 10 月 11 日。本文不构成投资建议。价格和费用结构会发生变化；购买前请与提供商核实条款。）