BatchV1_1 Vote Stalls as XRP Holds Below $1.41

Ripple's BatchV1_1 vote has stalled as XRP trades at $1.41, down 1.03% on the day.

The amendment aims to allow accounts to bundle up to eight transactions into a single coordinated operation, which Ripple frames as unlocking 'a lot of new use cases.'

However, it requires a 14-day activation clock that can only start once 80% validator support is reached. Currently, the BatchV1_1 amendment holds 68.57% validator support, with 24 of 35 nodes on the default Unique Node List in favor.

This means five more validators need to flip yes for the amendment to move forward.