
The timing of Judges' comments aligns with significant developments in the XRP ecosystem. XRP is actively exploring smart contract functionality and native staking capabilities.
These initiatives reflect changing market demands. The recent approval of XRP exchange-traded funds in the United States has intensified focus on the blockchain's technical capabilities.
David Schwartz, Ripple's Chief Technology Officer and original XRP Ledger architect, confirmed evolving perspectives on network governance. His thinking about consensus models has shifted over time.
Schwartz revealed ongoing considerations about XRP's role in decentralized finance. He examines both organic DeFi applications through platforms like Flare, MoreMarkets, Axelar, and Doppler, as well as native on-chain possibilities.
The CTO indicated that current market conditions favor discussions about enhanced DeFi features. Programmability initiatives are already underway within the XRP development community.
Schwartz suggested the timing is appropriate to explore additional native DeFi capabilities for XRP Ledger. These conversations could reshape the blockchain's technical roadmap.
Recent milestones support this direction. XRP Ledger Smart Contracts launched on AlphaNet, a dedicated development network. This marks a significant step toward programmable functionality.
The AlphaNet deployment allows developers to test smart contract features before mainnet implementation. This phased approach reduces risk while building developer confidence.
At the time of writing, XRP is trading at around $2.19, suggesting a 0.25% increase in the last 24 hours.
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