- The dynamic NFT of XRP ledger is almost approved, and only one vote remains will allow for post-mint updates.
- Multiple upgrades are underway, but there is growing debate over priorities such as Xchainbridge and restricted domain tools.
The XRP ledger shows significant changes as there are currently four upgrades pending approval using the system modification process. Such adjustments are made after the platform’s consensus method uses modifications and take effect every time you get more than 80% support from a 2-week runner. Once approved, the upgrade is permanent and applies to subsequent ledger iterations.
Of these upgrades, dynamic NFT appears to be the closest to passing. According to a tweet from Dr. Artur Kirjakulov, founder and CEO of XPMarket, Dynamic NFT is the only remaining variator vote. Unlike regular NFTs, dynamic NFTs can update data after construction It can also be used for applications that require this flexibility.
Source: Dr. Artur Kirjakulov
In the meantime, the second proposed feature, the multipurpose token – is picking up Steam in the poll. These are more compact and flexible versions of traditional fascable tokens, making it easier to work with less code. They simplify token creation and allow more forms of assets to be represented on the ledger.
Concerns about priorities and legacy tools
Kirjakulov also spoke about the status of Xchainbridge, an interoperability effort that was reserved for work in Axelar. The project was officially shelved, but the validators lasted. XPMarket executives feel that this functionality is still needed, and emphasize that XRPL needs more powerful tools.
(3/18) – xchainbridge –
Status: 🟢Voting (new bugfix for v2.2.0)
It allows cross-chain asset transfer across different independent ledgers, such as main chains (such as XRPL) and side chains (such as EVM-Sidechain).
Use Case:
•(w)xrp becomes a native asset of the sidechain
•…pic.twitter.com/lvvd1nvosz– Natural Rider (@krippenreiter) May 6, 2024
One proposition that is resisted is changing the credentials and the domains allowed. This change is controversial and Kiljakrov himself criticized it. He sees it as an inappropriate move and says that resources should be guided by features that provide opportunities for developers to generate income.
Another new development took place on May 5th, and it was announced that its feature, Deep Freeze, will be live. It does not apply directly to XRP, but provides issuers with increased control over tokens issued by the issuer. Deep Freeze allows issuers to freeze certain assets at the account level, but still leaves the process open and decentralized.
XRP Ledger Amendment – DeepFreeze has been activated with XRP Ledger.
DeepFreeze goes beyond the regular token freeze and does it across the XRPL payment engine – payments, offers, CLOBs, AMMs.
Reminder, it’s for issued tokens, not XRP!
sudo transaction that activates it pic.twitter.com/62vzs3ci6h
-know (@know_x0) May 4, 2025
Technology upgrade set for June release
In an earlier announcement last April, Ripplex announced plans to make operations more efficient through reducing network traffic. For this reason, a method known as “oppression” is being discussed. By limiting the number of peers sending messages from VALIDATOR, this method minimizes iterative traffic. This feature is included in version 2.5.0, which will be released next June.
In addition to reducing traffic, the 2.5.0 upgrade also reduces the memory and bandwidth needs of the node operator. This also allows participants to operate nodes without the need for high resource machines, allowing the network to scale further.
These collective upgrades demonstrate efforts to make ledgers more usable, taking into account future growth. We will know for the next few months whether Validator Support reflects these intents, especially as votes for dynamic NFTs approaches confirmation.