Crypto

XRP Surges 17% on Ripple's Upgrade Support Amid Crypto Rebound

Guavy AI Editorial Team Published August 22, 2026

Instruments

XRP

Ripple's support for the XRP Ledger upgrade has sent XRP prices soaring by 17% to $1.43.

The key part of the version 3.3.0 upgrade is the PermissionDelegationV1_1 amendment, which would allow limited account authority and enable regulated institutions to delegate transaction permissions without full control.

This proposal requires over 80% validator approval for two weeks to activate, with current support from seven out of 35 validators.

The Wire

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