XRP rallies 17% while XRPL amendment gains support

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XRP has climbed 17% to an intraday high of $1.43 as Ripple’s vote for the PermissionDelegationV1_1 amendment has moved a key part of the XRP Ledger’s version 3.3.0 upgrade deeper into the validator approval process. Summary XRP rose 17% in 24 hours and traded between $1.22 and $1.43. Ripple voted to support PermissionDelegationV1_1, which would allow limited account authority. Seven of 35 trusted validators supported the amendment at the latest count. U.S. spot XRP ETFs attracted $13.24 million in daily net inflows. XRP Ledger amendment has entered its validator vote XRPL validator voting data showed that seven of the 35 validators on the default Unique Node List supported PermissionDelegationV1_1 at the latest count. Ripple’s affirmative vote adds support from one of the network’s most closely watched participants, but it does not approve or activate the feature. Under the XRP Ledger’s amendment process, a proposal must retain support from more than 80% of trusted validators for two continuous weeks. Based on the current 35-validator configuration, PermissionDelegationV1_1 would need at least 29 votes to exceed 80%, though some community trackers describe the practical threshold a...

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