The XRP Ledger reduces reserve requirements by 90%, boosting accessibility but raising infrastructure concerns.
Ledger has reduced its reserve requirement by 90%, lowering the threshold from 10 XRP to just 1 XRP. Users can now create wallets with as little as $2.56.
With the new update, users can now create and fund wallets with just 1 XRP, significantly lowering the barrier to entry. The change simplifies the process for newcomers and directly addresses concerns around staking and high initial requirements. These adjustments enhance user experience, improve accessibility, and make the XRP Ledger more practical for a broader audience. This move increases liquidity and utility, making the network more accessible and practical for a broader audience.XRP has experienced a remarkable market surge, rising over 6% to $2.67 in recent trading, fueled by increasing bullish sentiment.
XRP’s reduced reserve requirements and Ripple’s legal victories have directly fueled heightened market activity and boosted confidence in the crypto’s future.
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