Ripple BatchV1_1 Vote Stalls as XRP Trades Near Key Support Zone

Ripple's XRP Ledger is inching closer to activating its long-awaited BatchV1_1 amendment, which would allow accounts to bundle up to eight transactions into a single coordinated operation.

The current vote stands at 68.57% validator support, but it needs a supermajority of 80% before the 14-day activation clock can start.

At press time, XRP is trading at $1.41, down 1.03% on the day, and some analysts are speculating about its potential price movements in the coming weeks.