The XRP Ledger briefly experienced a network outage lasting approximately 64 minutes on February 5th. While operations have resumed, the incident sparked debate about the blockchain's scalability and the future of its native token, XRP. Some analysts criticized the slow throughput, questioning XRP's survival prospects. XRP's price also declined during the outage, further fueling bearish sentiment.
blockchain, XRP Ledger, resumed operations after briefly going through a network outage that lasted about 64 minutes on the 5th of February.“It looks like, as far as we can tell, only one validator operator manually intervened. It’s still not entirely clear if that solved the problem or the network self-healed.”
Here, by “self-heal,” Schwartz referred to XRP Legder’s ability to seek a starting point for block continuation by a supermajority .However, some market analysts, like MartyParty, criticized the blockchain’s slow throughput and wondered whether its native token, XRP, would survive. HeOn the price charts, XRP shed 6% during US hours on the 4th of February.
BLOCKCHAIN XRP LEDGER XRP MARKET ANALYSIS PRICE OUTLOOK
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