XRP Ledger Upgrades with Major Features
The XRP Ledger has released version 3.3.0, introducing six major protocol upgrades that validators will review before activation on the mainnet.
Confidential Transfers is one of the biggest additions, allowing Multi-Purpose Token (MPT) transactions to hide balances and payment amounts while still being verified through zero-knowledge technology.
Sponsored Fees enables banks, businesses, or platforms to pay XRP transaction fees and account reserves for users, making onboarding easier as new users no longer need to hold XRP before using XRPL services.
The upgrade also introduces Batch Transactions, enabling up to eight transactions to settle together. If one transaction fails, the entire batch is canceled, reducing settlement risk for financial institutions.
Other changes include Permission Delegation, Dynamic MPT, and infrastructure improvements that reduce validator memory usage by around 10% to 15%, helping the network process transactions more efficiently.
The new features still require approval from XRPL validators before activation. Each amendment must receive 80% validator support and maintain that approval for 14 consecutive days before it becomes active on the mainnet.
Ripple partnered with Web3 security firm Sherlock, which organized community security testing and distributed $309,000 in RLUSD rewards to identify and fix vulnerabilities before the rollout.
Despite the positive development, XRP continues to trade under pressure, falling about 2.5% over the past day to around $1.03.