XRP
Why XRP is up 1.7% in the last hour
Analysis
XRP rose about 1.7% over the past hour as traders reacted to upbeat XRP Ledger development headlines. U.Today reported that Ripple CTO emeritus David Schwartz backed a major XRPL protocol upgrade that removes “Ripple” naming from the code, which can be read as a step toward cleaner, more neutral infrastructure.
Contributing Factors (2)
Ripple CTO Emeritus Schwartz Backs Major XRP Ledger Upgrade, Dropping Ripple Name From Code
As XRP Ledger formally erases the Ripple name, CTO Emeritus Schwartz migrates own hub.
RippleX Rewrites XRP Architecture for AI and Quantum Threats, Key Engineer Breaks It Down
RippleX chief engineer Ayo Akinyele breaks down the multi-year strategy protecting XRP Ledger from 9-minute quantum cracks while pioneering AI machine wallets.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.