Ripple has officially released a major upgrade to the XRP Ledger, introducing six key amendments designed to strengthen privacy, settlement efficiency, operational controls, and asset management across the network. The release positions tokenized real-world assets at the center of Ripple’s institutional roadmap.
XRPL 3.3.0 Strengthens Ripple’s RWA Position
Ripple and XRP Ledger Operations announced the xrpld v3.3.0 upgrade, the reference server software powering the decentralized XRPL network. The release marks a significant milestone for the blockchain, positioning it for expanded institutional real-world asset tokenization use cases. As CoinGape previously reported, RippleX’s head of product Jazzi Cooper confirmed the upgrade supports global tokenized asset transfers, trading, collateralization, and settlement.
Vijay Khanna, Director of Engineering at Ripple, called it “a big update for the XRPL,” noting the release underwent extended development, multiple testing rounds, an attackathon, and AI-driven security scans before launch. Node operators are being urged to upgrade immediately to maintain service continuity. Activation on the XRPL mainnet requires at least 80% validator support sustained over a two-week period.
Six Amendments Reshape Ledger Capabilities
XRP Ledger Operations detailed six amendments now open for validator voting: Confidential Transfer, BatchV1_1, DynamicMPT, PermissionDelegationV1_1, Sponsor, and fixCleanup3_3_0.
- Confidential Transfer enables encrypted multi-purpose token balances and transfers
- BatchV1_1 allows atomic execution of up to 8 transactions simultaneously
- Sponsor introduces entity-sponsored fees and reserves, while PermissionDelegationV1_1 allows delegation of specific transaction permissions to other accounts
The upgrade also bundles performance and stability improvements under fixCleanup3_3_0, building on the XRPL 3.2.0 release and further reducing memory usage by an additional 10-15%. J. Ayo Akinyele, head of engineering at RippleX, said the upgrade, if approved, would continue expanding XRPL’s capabilities for tokenized assets and real-world financial applications. XRP Ledger Foundation contributor Vet described the release as introducing the network’s first-ever privacy amendment alongside trustless swaps and institutional OTC trading support. Staff software engineer Mayukha Vadari added that the update includes
improved online delete performance and 60 fixes addressing bugs identified through the AI red team’s testing effort.
XRP Price Slips Despite Derivatives Buying
XRP price fell more than 2% over the past 24 hours after the Senate delayed its Clarity Act vote until September, with the token trading around $1.02 within a 24-hour range of $1.02 to $1.05. Trading volume rose 17% over the same period.
Despite the price decline, CoinGlass data shows notable buying activity building in derivatives markets. Total XRP futures open interest climbed more than 0.67% within a single hour and 1.02% over 24 hours, reaching $2.35 billion. Exchanges including Binance, OKX, Bybit, and Gate all recorded strong recent buying, with open interest rising 0.61% on Binance and 2% on OKX.
Even so, crypto analysts remain cautious, with some targeting a further decline toward $0.90, despite Grayscale increasing XRP’s weighting in its GDLC ETF and continued growth in institutional interest. Traders looking to capitalize on the current derivatives momentum can compare leading crypto futures trading platforms for competitive funding rates and liquidity.