XRP Ledger Sees 40% Node Upgrade Ahead Of May 27 Mainnet Deadline

Markets 2026-05-21 20:54

XRP Ledger Sees 40% Node Upgrade Ahead Of May 27 Mainnet Deadline

XRP Ledger validators are racing to install version 3.1.3 before a critical fixCleanup amendment locks in at 03:49 UTC on May 27, 2026.

XRPL 3.1.3 Upgrade Nears Mainnet Activation

Ripple developers and validator operators are pushing node teams to upgrade to XRP (XRP) Ledger version 3.1.3 ahead of next week's mainnet deadline.

The release introduces the fixCleanup3_1_3 amendment, a bundle of backend fixes covering NFTs, Permissioned Domains, Vaults and the Lending Protocol.

Nodes that fail to update risk becoming amendment-blocked, a safety state that prevents them from validating transactions, joining consensus or communicating with peers running the new rules.

Validator operator Vet, who works with the XRPL Foundation, reported on May 17 that roughly 40% of the network's 846 total nodes had moved to the new release, with the remaining share spread across versions 3.0.0 through 3.1.2.

Ripple set the amendment to default-yes when shipping the build, and validators have already delivered the consensus needed to push it onto mainnet.

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Whale Demand And Institutional Pipes

Beyond the technical fix, the upgrade lands as institutional rails around XRP continue to deepen.

CME Group marked the first anniversary of its XRP futures suite this week, posting $62.87 billion in notional volume and an average daily turnover near $238 million.

The exchange said more than 1.3 million contracts have traded since the May 2025 launch.

On-chain readings tell a parallel story. Monthly XRPL transactions hit an all-time high of 71 million in April, a 65% jump from a year earlier, per data published by treasury firm Evernorth.

Wallets holding at least 10,000 XRP have climbed to a record 332,230 since June 2024, Santiment noted on May 13, though the pace of fresh accumulation has cooled in recent sessions.

XRP Price Action Heading Into Activation

XRP last traded near $1.37, with a 24-hour range of $1.35 to $1.38 and roughly $1.65 billion in spot turnover, per Bybit and CoinMarketCap data.

The token has spent the first half of 2026 stuck between $1.30 and $1.60, recovering from an April low of $1.26 but failing to clear the $1.50 ceiling that has capped every recent rally attempt.

XRP's recent stretch has been a long unwind from last summer's highs.

The token hit its July 2025 peak of $3.65 in the weeks after spot XRP ETFs cleared U.S. listings, then drifted lower through the back half of the year as ETF inflows tapered into the holidays. Earlier XRPL releases, including v3.0.0 and v3.1.0, laid the groundwork for Single Asset Vaults and the Lending Protocol that next week's fix is now meant to harden.

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This content is for informational purposes only and does not constitute investment advice.

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