XRP Price Soars 19% as Ripple Advances XRPL Lending and Vault Upgrades
TLDR
- XRP jumped nearly 19% as broader crypto markets rallied and XRPL lending developments gained attention.
- Ripple backed XLS-65 and XLS-66, which would introduce native vaults and lending infrastructure to XRPL.
- XLS-65 has about 40% validator support, while XLS-66 has secured more than 37% support.
- Both amendments require more than 80% validator support for two consecutive weeks before mainnet activation.
- XLS-66 would enable fixed-term uncollateralized loans while institutions conduct credit underwriting and compliance off-chain.
XRP climbed nearly 19% as broader crypto markets rallied and Ripple backed two XRP Ledger amendments designed to introduce native lending and single-asset vault infrastructure for institutional finance.
XRP Price Jumps Nearly 19% Amid Crypto Market Rally
XRP traded near $1.38 after gaining about 19% over 24 hours as the wider cryptocurrency market moved higher. Bitcoin also crossed $78,000 during the rally, supporting gains across major digital assets.
The move followed President Donald Trump’s renewed call for Congress to pass the CLARITY Act. The proposed legislation would establish a federal crypto market structure and clarify regulatory roles for the SEC and CFTC.
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