Ripple’s CTO, David Schwartz, has addressed recent speculation that Ripple might unilaterally alter the XRP Ledger.
Following a blog post about enhancing programmability on the XRPL, concerns emerged about Ripple’s intentions.
Schwartz clarified that Ripple neither has the power nor the intention to make unilateral changes to the XRPL. Instead, the company aims to explore ways to improve programmability on the XRPL Mainnet while continuing work on the Ethereum Virtual Machine (EVM) sidechain.
The blog post was meant to outline Ripple’s focus and invite community feedback, not to present a finalized proposal.
The push for increased programmability comes after discussions with various stakeholders, revealing that overcoming issues like ledger bloat and transaction speed could make it feasible. Schwartz, initially skeptical about integrating smart contracts without altering the XRPL’s core, now sees potential.
The initiative also aligns with upcoming XRP community events in Korea and Japan, providing opportunities for further discussion. Schwartz reassured that the timing and actions are aimed at fostering transparency and engaging with the community.
Coinbase has emerged as the best-performing stock in the S&P 500 for June, climbing 43% amid a surge of bullish momentum driven by regulatory clarity, product innovation, and deeper institutional interest in crypto.
Coinbase CEO Brian Armstrong has spotlighted a significant acceleration in institutional crypto adoption, driven largely by the surging popularity of exchange-traded funds and increased use of Coinbase Prime among major corporations.
The latest market turbulence, fueled by geopolitical tensions and investor fear, offered a textbook case of how sentiment swings and whale behavior shape crypto price action.
Jefferies chief market strategist David Zervos believes an upcoming power shift at the Federal Reserve could benefit U.S. equity markets.