- XRP Ledger halted for an hour but resumed without asset or transaction losses.
- Validators manually intervened to restore consensus and stabilize the network.
- Banxchange app launches on Android in 48 hours, unlocking $437.8B market potential.
The XRP Ledger (XRPL) temporarily halted block production on Wednesday, affecting transactions for about an hour. The issue occurred at block height 93,927,173. The network has since resumed normal operations, with no reported losses of assets or transactions. Ripple’s Chief Technology Officer, David Schwartz, provided an early analysis suggesting a possible consensus issue.
Schwartz explained that consensus was still running, but validation messages were not being published. This caused the network to lose synchronization. Validators manually intervened to establish a stable starting point after the last fully validated ledger. Once several validations appeared from different sources, the network regained coordination and restored functionality.
Xaman Wallet confirmed that the ledger is now operational and transactions can continue as usual. The team is monitoring the situation and will provide further updates when more information becomes available. Daniel Keller, CEO of the XRPL, stated that all 35 nodes are still proposing, with a quorum of 28.
The disruption raised concerns within the XRP community. However, validators assured users that no funds were lost, and the issue was limited to a temporary delay in processing. The network did not suffer from any security breaches.
This is not the first time XRPL has faced technical difficulties. In November 2024, the network experienced a node crash. In September, a historical node failure also affected operations. Despite these incidents, the XRP Ledger continues to function as one of the most widely used blockchain networks.
Recent updates to the Unique Node List (UNL) increased the number of validators to 36. At the same time, an inactive validator from the University of Korea was removed, bringing the total number of active validators to 35. The quorum threshold remains at 80%. Some community members have questioned whether these adjustments could impact network stability. The cause of today’s halt is still under investigation. Further updates are expected once a full assessment is complete.
Related: XRP Struggles at 21 EMA, Analysts Predict More Losses
Banxchange App Set to Launch on Android
Banxchange has announced that its XRP Ledger app will launch on Android in 48 hours. The App aims to unlock $437.8 billion in market potential, allowing institutional and retail users to trade XRP Ledger tokens.
Users can buy and trade XRP and other XRPL tokens seamlessly. The platform supports payments via credit cards, debit cards, Apple Pay, Google Pay, and multiple fiat options. Banxchange is already live on eight blockchains, including Ethereum, Polygon, Binance, and Avalanche. The XRP Ledger community is closely monitoring network stability while anticipating Banxchange’s impact on the ecosystem.
