XRP on Brink of Upgrade, Price Eyes Bullish Breakout Amid Senate Crypto Bill Vote

Ripple's XRP Ledger is on the verge of activating its Batch V1.1 payments upgrade, requiring just one more validator vote to start a two-week countdown.

The upgrade will allow users to bundle up to eight transactions into a single all-or-nothing operation, reducing the risk of partial transfers.

XRP's price is currently trading near $1.39, with analysts predicting a bullish case towards $1.4565 if it clears the triangle's upper trendline at $1.43.

Ripple CEO Brad Garlinghouse has urged the Senate to pass the crypto market structure bill, which would define XRP as a digital commodity in secondary markets, regardless of how much supply Ripple holds.