XRP Ledger’s new upgrade looks to fuel institutional interest for the network

The XRP Ledger (XRPL) has launched version 2.5.0 of its core software, according to a June 24 statement.

This update introduces a suite of upgrades designed to enhance network performance, support enterprise-grade functionality, and strengthen regulatory compliance.

Market observers noted that the update reflects Ripple’s broader push to position XRPL as a viable alternative to Ethereum and Solana for smart contract and token-based applications.

XRPL’s upgrades

The update introduces batch transactions, token escrow, permissioned decentralized exchanges (DEX), and permission delegation.

One of the standout features is transaction batching, which allows multiple operations to be executed within a single atomic transaction. This is especially valuable for enterprises handling airdrops, payroll, or large-scale token distributions.

Token escrow capabilities have also been expanded. The feature now supports trustline-based tokens and multi-purpose tokens, enabling developers to implement time-based or conditional asset releases, which are ideal for vesting and DeFi applications.

In parallel, the new PermissionedDEX function lets network participants restrict trading access to meet compliance standards, a critical component for financial institutions entering the blockchain space.

Meanwhile, another key upgrade is the Permission Delegation system, which improves security and operational clarity for token issuers. Issuers can delegate specific transaction permissions to designated accounts while maintaining complete on-ledger transparency and auditability.

This change allows for more flexible business structures that separate roles without compromising control or security.

RippleX developers say the feature could support MiCA compliance, stablecoin operations, treasury management, and controlled DeFi access.

XRP’s rising institutional interest

These upgrades land as XRP, the blockchain network’s native token, sees growing institutional demand.

On June 24, CME Group revealed that both XRP and Micro XRP futures, launched on May 19, had gained rapid traction.

Within the first month, the two products generated $542 million in trading volume, involving institutions and several retail platforms. It furthered that open interest reached $70.5 million, with significant activity from ETF issuers, institutional players, and retail traders.

XRP Futures on CME Group (Source: CME Group)

Interestingly, about 45% of the trading volume originated from markets outside the US and Canada. This global participation suggests a growing appetite for XRP exposure and reflects the token’s maturing role in institutional portfolios.

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