RippleX Dev on XRPL: "Nothing Will Happen to Your XRP"

RippleX senior software engineer Mayukha Vadari has reassured the $XRP community that any changes to the $XRP Ledger's underlying code will not impact users' holdings or the integrity of the ledger.

His statement was a direct response to a recent public talk from Ripple CTO David Schwartz, who acknowledged discussions about potentially rewriting the $XRP Ledger server software, rippled, using the Rust programming language.

While the idea sparked concern and speculation on social media, Vadari clarified that such a change would not affect the on-chain data, user experience, or existing functionality.

"Nothing would happen to your $XRP," he emphasized, stressing that the language in which the core protocol is written has no bearing on user assets or ecosystem operations.

XRPL latest update

Meanwhile, RippleX has released $XRP Ledger version 2.5.0, a substantial update introducing several new features and bug fixes.

Among the most notable changes are amendments that expand the ledger’s capabilities, particularly for institutional and enterprise use cases.

The XLS-85 amendment enhances the escrow feature by allowing it to manage third-party issued tokens, such as stablecoins. It also introduces support for multi-purpose tokens (MPTs), designed primarily for institutions.

Another major addition is the XLS-56 amendment, which enables up to eight transactions to be bundled into one wrapper transaction. This move is aimed at reducing the high failure rate (around 30%) of complex transaction flows.

$XRP price correction: what next?

As for $XRP’s market performance, the token has experienced a 9.5% decline over the past week, with most of the losses occurring late in the week.

The downturn coincided with a disappointing U.S. jobs report, which showed only 73,000 jobs added in July and revised May and June figures down by a combined 258,000. This data sparked risk-off sentiment across financial markets, contributing to declines in Bitcoin, Ethereum, and other altcoins.

Adding to the uncertainty were unconfirmed rumors circulating on social media about a renewed crypto ban in China, which may have fueled additional market anxiety.

Crypto analyst Ali Martinez pointed out a sell signal for $XRP on the 3-day chart, identifying $2.40 as the next key support level to watch.

While the fundamentals of the $XRP Ledger continue to evolve positively, market sentiment remains fragile amid macroeconomic pressures and speculative chatter.