RippleX has announced the upcoming release of XLS-30, a major upgrade to the XRP Ledger protocol. This upgrade will bring decentralized finance (DeFi) functionalities to XRP holders, allowing them to participate in liquidity pools, earn rewards, and use XRP as collateral for loans. The upgrade is seen as a significant milestone for Ripple, XRP, and the broader DeFi adoption in the cryptocurrency market. It expands the utility of XRP, diversifies Ripple’s use cases, and positions XRP as a versatile asset within the DeFi landscape. The activation of XLS-30 in 2023 is expected to attract new investors and drive up the value of XRP. This upgrade represents a strategic move by Ripple to stay ahead in the crypto industry and aligns with the goals of transparency, accessibility, and decentralization in the blockchain world.
AI Sentiment: Positive