Ripple and XRPL’s XLS-30 Amendment Faces Delay: Here’s Why

Ripple and XRPL’s XLS-30 Amendment Faces Delay: Here’s Why

The Ripple community seems divided on how the voting rights should be shared between the validators and the top XRP investors amid delays by the former group to upgrade to the latest XRPL version Rippled-1.12.0.
Although the impending amendments do not have a direct impact on the XRP price or the XRPL throughput, they are important updates to enable sustainable XRPL growth by DeFi developers amid the mainstream adoption of digital assets.
Following an unprecedented Ripple and XRP victory against the United States Securities and Exchange Commission (SEC) in the ongoing lawsuit, the XRPL developers have shifted their focus on building needed infrastructure to compete with other top layer-one blockchains in the decentralized financial ecosystem.
Moreover, the mainstream adoption of blockchain technology is significantly pegged to the smart contract developments, which opens up the tokenization, and non-fungible tokens (NFT) markets. Notably, the XRPL network handles an average of about 1

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