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- Welcome Kevin_Lee to the Gate Square! 🎉
Looking forward to more great crypto insights from him.
Check out and engage with Kevin_Lee’s latest post!
👉 Post: https://www.gate.com/post/status/11758920
👉 Profile: https://www.gate.com/profile/Kevin%20Lee
Let’s give Kevin_Lee a warm welcome! 👏👏👏
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Complete deposit and trading tasks to receive random LOT airdrops. Exclusive Alpha trading task await!
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- 🚀 Gate Square Creator Spark Program is Live!
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📄 More info 👉 https://www.gate.com/announcements/article/45695 - 🎉 Gate Alpha Second Points Special Airdrop is coming!
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📸 Alpha Points Snapshot: June 24, 16:00 (UTC)
Multi-chain trading now supported — buy on-chain assets directly with USDT!
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XRP Ledger software update 2.5.0 officially launched
Gate News bot message, according to CoinGape, the new XRP Ledger software update is now live, bringing a wealth of features. This update, named 2.5.0 software update, brings XRPcoin (XRP) closer to challenging the dominance of Ether (ETH) and Solana (SOL).
The XRP Ledger has undergone a series of improvements in recent weeks, but the new software update will bring about earth-shaking changes. The software update 2.5.0 for the XRP Ledger is now live, with official release notes on GitHub confirming significant fixes and improvements.
First of all, this update brings the long-awaited batch transaction feature to the XRP Ledger. The introduction of batch transaction feature opens up new institutional use cases, supporting large-scale payments for enterprise users and coin distribution.
In addition, this software update also introduces the coin custody function for RLUSD and other assets on the XRP Ledger. Combined with batch processing, the coin custody function provides an efficient ownership and payment system, allowing dApps to efficiently manage user deposits.
Other features include licensed DEX and permission delegation. This update also introduces a series of bug fixes that affect the RPC response of Tem code and the interaction of NFT and trust lines.
In addition, there are many useful fixes and improvements that make the XRP Ledger software run better, more efficiently, and more stably than before.
As early as May, RippleX senior software engineer Mayukha Vadari revealed that software update version 2.5.0 will challenge Ethereum and Solana.
Under the drive of the new software upgrade, the XRP Ledger has achieved a series of positive indicators. On the eve of the upgrade, the daily number of XRP addresses soared by 7 times, and the number of whale wallets on the XRP Ledger also reached a new high.
This surge occurred against the backdrop of declining indicators for ETH and Solana. Solana's meme coin activity has been severely hit, losing its dominance, while $25 billion has exited.