- XRP Ledger introduced version 2.4.0, bringing new features and fixes.
- Ripple expanded its focus on RLUSD, custody, and payments amid regulatory shifts.
March saw the XRP Ledger achieve an important milestone as version 2.4.0 was made live. The release improved the reference server implementation, optimizing network performance and preparing it for upcoming functionalities.
Validator votes helped determine which amendments were included in the ledger and shaped its further growth.
Developers and businesses utilizing the XRP Ledger were able to leverage enhanced programmability, including on-chain customized logic, without the use of external code. The focus was on permissionless access while introducing features that facilitate institutional use case support.
Additionally, as we reported earlier, the concept of “Permissioned Domains” was meant to achieve decentralization and compliance simultaneously and render the ledger enterprise-ready.
Explore Permissioned Domains – creating controlled environments on the XRP Ledger that combine compliance with decentralization.
Learn how this feature paves the way for institutional DeFi. Read more:https://t.co/a9TE6BsDpo
— Mayukha Vadari (@msvadari) March 6, 2025
The month also witnessed a new partnership between Visa and Ripple through the Tokenized Podcast, as Ripple President Monica Long explained how the company was making use of XRP Ledger technology.
These discussions focused on the company’s position on RLUSD, its stablecoin, and the growing relevance of custody solutions within the world of cryptocurrencies. Regulatory clarity in the United States was also a major issue, affecting Ripple’s overall strategy.
XRP Ledger Gains Traction in DeFi with RWA.xyz Integration
The formation of the National Cryptocurrency Association further reinforced Ripple’s constant push toward institutional adoption.
Led by Stuart Alderoty, the business focused on propelling mass adoption of crypto, highlighting its practical applications as opposed to speculation. This was aligned with Ripple’s broader mission of integrating blockchain solutions and the existing financial infrastructure.
The XRP Ledger network also garnered greater attention from the decentralized finance (DeFi) side. The integration of the ledger into RWA.xyz, a real-world asset tokenization monitoring platform, provided insights into on-chain financial activity.
NEW INTEGRATION: XRP LEDGER NOW LIVE
We're excited to announce support for XRP Ledger – a layer 1 blockchain built for financial and institutional applications.
In collaboration with @Ripple, users can now view XRPL RWAs and RLUSD data on our dashboard ↓ pic.twitter.com/q7cCkIZlwI
— RWA.xyz (@RWA_xyz) March 11, 2025
At the same time, Xaman Wallet improvements facilitated faster swaps and a better user interface, simplifying it for non-custodial XRP holders.
Adding to the momentum, Bitnomial launched the first physically settled CFTC-regulated XRP futures product in the United States, marking an important step toward institutional trading options.
This growth further cemented XRP’s growing traction among regulated markets, expanding its use case beyond remittances and international transfers.
Legal and Market Shifts Strengthen Ripple’s Position
One of the most important breakthroughs was when the SEC dropped its appeal against Ripple, affirming a much-awaited legal victory for the world of cryptocurrencies.
This decision removed one of the biggest obstacles from Ripple, allowing it to focus on business growth without the looming shadow of courtroom litigation.
This was followed by Franklin Templeton’s XRP exchange-traded fund (ETF) application, which indicated growing optimism concerning the asset’s long-term prospects.
This step was indicative of the increasing interest of institutional investors in gaining exposure to XRP through regular financial instruments.
At the same time, there was high community activity, as educators and developers shared continually about XRP Ledger’s growing capabilities.
Such events as the soon-to-be-held Singapore XRPL Apex conference would continue to drive discussions around adoption and innovation on the XRP network.
Nevertheless, March was a turning point for XRP Ledger, as technological advancements, institutional focus, and regulatory progress all came together to support its place in the world of cryptocurrencies.