Ripple BatchV1_1 Vote Stalls as XRP Trades at $1.41

Ripple (XRP)  is trading at $1.41, down 1.03% on the day, as validators on the XRP Ledger inch toward a governance decision that could reshape how transactions get bundled on the network.

Live voting data on Sept. 8 showed the BatchV1_1 amendment holding 68.57% validator support: 24 of 35 nodes on the default Unique Node List, according to XRPScan. That’s short of the 80% supermajority XRP Ledger rules require before a 14-day activation clock even starts. The amendment would let accounts bundle up to eight transactions into a single coordinated operation, a change Ripple’s own commentary frames as unlocking “a lot of new use cases”. The accompanying claim that Batch could go live “by the end of this month” is speculative until five more validators flip yes.

Miss the threshold even once during the two-week window, and the timer resets to zero.

The $XRP Ledger is closing in on a major upgrade. The XRPL is edging closer to activating the long-awaited BatchV1_1 amendment 🤓 pic.twitter.com/KUNYSRCEk8

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