XRP tested at $1.50 level, ledger upgrade received validator support

XRP hits the US$1.50 mark, and the XRPL protocol upgrade enters a critical stage.

XRP has recently launched an impact on the US$1.50 price. This market development coincides with an important period for the XRP Ledger (XRPL) protocol upgrade. The release of version 3.3.0 of xrpld will introduce multiple changes beyond a single activation date. As one of the most influential updates in recent years, this upgrade reflects a broader strategic shift in the XRPL ecosystem.

Institutional trends reshape the direction of ledger development

In the context of upgrades, network verifiers are actively discussing adding native lending functions to XRPL, with a focus on building treasury and lending infrastructure for institutional credit markets. Ripple, a U.S. blockchain company focusing on global payments, is working with companies such as Clearpool and Cicada to develop an institutional credit market around RLUSD and native lending agreements.

Ripple participated in supporting agreement amendments, but was unable to unilaterally activate these changes. XRPL's governance process requires that any amendment must receive more than 80% support from trusted verifiers for two consecutive weeks before it can be integrated into the main ledger. If the validator support rate falls below this threshold during the evaluation period, the approval timeline will be reset.

The first fix to pass this process in version 3.3.0 is fixCleanup3_3_0, a maintenance-focused update that affects multiple components, including automated market makers (AMM), lending, treasury, Checks, and licensing trading systems. Greater upgrades are still under review, reflecting an accelerated but prudent approach to development.

ConfidentialTransfer, BatchV1_1 and Sponsor: Feature Enhancements

The proposed amendment ConfidentialTransfer has attracted much attention because of its privacy protection approach. Institutions often require transparent settlement processes and do not publicly disclose sensitive transaction amounts. The XRPL document states that ConfidentialTransfer uses cryptographic methods to verify the flow of assets while concealing the specific amount transferred.

Explanation of concepts: ConfidentialTransfer is an amendment to XRPL that allows participants to confirm the authenticity of the transfer without disclosing the transaction amount to the public. This privacy feature is designed for institutional use and leverages advanced cryptographic technology to strike a balance between regulatory transparency and trade confidentiality.

In addition, BatchV1_1 aims to bundle multiple operations into a single atomic transaction, simplifying complex on-chain operations. On the other hand, the Sponsor amendment proposes to allow one account to pay some fees on behalf of another account, which could reduce friction costs for institutional users managing multiple accounts.

These strategic upgrades and amendments indicate that XRPL's main value proposition is shifting from simple fast-track transactions to comprehensive financial instruments. David Bchiri, president of XRPL Commons, agrees that institutional-level design is becoming a growing competitive advantage, especially in the context of the increasing popularity of tokenized finance.

XRP Price Forecast: US$1.50 remains the focus of attention

As these agreement moves forward, XRP is testing the US$1.45 - 1.50 range, of which US$1.50 is seen as a key short-term resistance level for traders.

Not related to technological development, institutional demand for XRP shows strong momentum. The U.S. spot XRP ETF recorded a net inflow of $110.49 million last week, setting the strongest weekly inflow record this year. Overall, cumulative net inflows to these funds have reached approximately US$1.66 billion.

It is worth noting that XRP spot prices have lagged behind fund inflows, indicating a disconnect between regulated markets and broader spot market momentum.

Analysts pointed out that continued breakthroughs above $1.50 may be a trigger that pushes prices towards the $1.65 - 1.70 range. However, if XRP fails to maintain momentum above the resistance level, support levels near $1.35 to $1.40 will have a significant impact on short-term price movements.

There is an unusual divergence between strong demand for regulated funds and relatively modest XRP spot prices, and analysts are closely watching whether protocol improvements and institutional adoption can narrow the gap.