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XRP Ledger Validators Nearing Critical Consensus Threshold

Guavy AI Editorial Team
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XRP
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The XRP Ledger is nearing a critical threshold in its BatchV1_1 update process, with validators approaching an 80% consensus rate.

Currently, around 68% of the support needed for the upgrade has been obtained, and the $XRP ecosystem is waiting for a two-week confirmation period to pass.

The update will enable batching of up to eight transactions per single transaction, allowing for increased efficiency on the network.

If support for the update persists through September's end, it could be implemented on the XRP Ledger as early as then.

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