The XRP Ledger will activate version 3.2.0 on Jun. 15, renaming its core software from rippled to xrpld and trimming node memory use by up to 40%.
Key Points:
- XRP Ledger version 3.2.0 goes live Jun. 15, renaming the core server software from rippled to xrpld.
- Developers say the release can cut node memory use by as much as 40% while lifting transaction capacity.
- About 84% of nodes already run the prior 3.1.3 release, pointing to a smooth migration.
XRPL 3.2.0 Upgrade Details
The network's operations team unveiled the release on Jun. 4, with validator Vet later setting Jun. 15 as the activation target and preparing a playbook for operators.
The most visible change renames the core server software from rippled to xrpld. Developers say the new label better reflects the ledger's wider ecosystem, reduces confusion with other Ripple products, and signals its technical maturity. Operators who check their version after the switch will see "xrpld 3.2.0" in the command line.
The release also delivers broad performance gains, and developers reported that memory use may fall by as much as 40%. That headroom lets nodes run more efficiently under heavier demand, while added refinements aim to lift transaction throughput across decentralized finance, tokenization, and real-world assets as institutional pilots expand.
Version 3.2.0 also bundles bug fixes, with tweaks to number handling, rounding logic, and code maintenance aimed at long-term stability. Behind the scenes, expanded AI-assisted testing and bug bounty work round out the release's security measures.
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Why The XRPL Upgrade Matters
Network data shows about 84% of nodes already adopted version 3.1.3. That release reached the mainnet in late May. It fixed issues tied to NFTs, vaults, permissioned domains, and multi-purpose tokens.
Developers are now urging the remaining validators to update before Jun. 15, since servers on older builds risk losing full access to consensus and other core functions after the switch. Vet framed the work as durable, calling the protocol improvements "permanent."
David Schwartz, Ripple's CTO emeritus, fielded questions on the prior release, which cleared the network's amendment vote with unanimous support after a two-week window.
The push lands as the ledger expands into tokenized assets and stablecoin settlement, though the token itself has lagged that growth as stablecoins handle much of the settlement. XRP closed May near $1.33, then slid through early June to about $1.14, shedding roughly 11% and more than $8 billion in market value during a marketwide selloff. The token briefly rebounded above $1.17 this week before easing back.
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