The XRP price again faces strong pressure for sale, as it decreased more than 8 % and dates back to $ 2.50. The symbolic fall comes as Ledger XRP has stopped producing Blockchain for about an hour on Tuesday. However, Ripple CTO David Schwartz confirmed that the network has almost returned to nature.
The XRP price decreased amid the time of Ledger XRP
On Tuesday, the XRP book faced some time for an hour before resuming operations. However, the development was sufficient to send the XRP price by 8 % to its decisive support of $ 2.50.
With the suspension of the Professor XRP book from the production of the mass for an hour, the network activity was frozen when the professor’s book of 93927173 rose.
“We don’t know exactly the cause of the case,” Ripple Cto David Schwartz admitted development. He also pointed out that although the consensus was working, the verifications were not published, causing the network erosion. He added: “The auditor operators enter manually to choose a rational starting point and start spreading the verification operations there.”
Ripple Community celebrates the rapid recovery in the network
Commenting on the network recovery, the Ripple CTO referred to the unique knot menu (UNL), a basic component of the XRPL consensus mechanism. “Very few Unl operators have actually made any changes, as much as I can say, so the network can be automatically recovered. I’m not sure yet,” Shoretz said. Supporting other community members ripples this rapid recovery. Edo Varina, president of XRP Healthcare, said the first health care platform that was built on Ledger XRP:
“The $ 11,000 professor’s notebook has been operated for more than 110,000 hours since its launch in 2012. With today’s hiatus, the total stop time with auditors failed to agree on transactions was about two hours. This is 99.999 % of efficiency. Existence!
He also explained that the stopping of the ripped network was not usually the result of the crowding of the network, but instead it is linked to the consensus mechanism.
Last week, the XRP LEDGER has carried out the Ammclawback modification, an important upgrade aimed at enhancing the organizational compliance with the AmM market maker complexes.
Will the XRP price be bounced again?
As of the time of the press, the price of XRP decreased by 7.3 %, as it is traded at $ 2.51, as daily trading volumes decreased by 41 % to $ 13.11 billion. Moreover, COINGLASS data shows that the future open XRP interest decreased by 12.2 % to $ 3.65 billion, while the references rose 24 hours to $ 21 million.
Earlier this week, Ripple opened 500 million XRP amid a discussion on XRP reserves. Since the beginning of 2025, XRP has seen strong flows. The Coinshares report shows that the Ripple currency has strengthened its location as the second best ALTCOIN performance, as it recorded flows from one year to a date of 105 million dollars.
It is worth noting that digital assets attracted $ 15 million in flows only last week, which confirms the increase in the investor’s interest. In addition, the payment of the introduction of Spot XRP ETF by gray assets and investment managers in Canada has sparked more institutional interest.
Bushan Akolkar
Bhushan is enthusiastic about technology with a severe understanding of the financial markets. His interest in economics and financing has focused on emerging technology and encrypted technology markets. He is committed to continuous learning and remains eager to share the knowledge he acquires. In his spare time, Booshan enjoys reading excitement novels and sometimes exploring his cooking skills.
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