XRP Ledger Upgrade Nears November 4 as XRP price Holds Near $1.25
Published on 11/01/2026 at 07:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSUpgrade and flows shape XRP outlook
- XRP Ledger's fixCleanup3_4_0 amendment is targeted for activation on November 4 if validator support remains above the required threshold.
- The proposed native lending upgrades remain short of the validator votes needed for mainnet activation.
- XRP traded near $1.25 after October's 16% decline, while spot XRP ETFs recorded $8.43 million of inflows on October 29.
The XRP price was near $1.25 on November 1 after the token lost about 16% in October. A market reading recorded XRP at $1.2542 at 00:00 UTC and $1.2487 at 03:53 UTC, equivalent to a decline of 0.44% between those observations. The comparison uses the November 1 UTC reference rather than a rolling 24-hour percentage.
The immediate network focus is an XRP Ledger technical amendment. According to Coinpaper, the fixCleanup3_4_0 amendment was in a two-week activation countdown on October 29 and was targeting November 4, provided it maintained sufficient support. The amendment addresses technical issues involving vault calculations, token permissions, escrow processing and other network functions.
Validator support remains decisive
The scheduled cleanup should not be confused with the XRP Ledger's proposed financial features. Coinpaper reported that the LendingProtocol amendment had support from 18 of 34 validators in one October 29 snapshot, while a separate signed snapshot showed 19 of 35. The required thresholds were 28 and 29 votes respectively. SingleAssetVault received 20 votes, and LendingProtocolV1_1 received 18.
That distinction matters for investors assessing the network's potential utility. Native lending could eventually support fixed-term loans using pooled XRP and issued assets, but the proposal has not secured the supermajority required for activation. Coinpaper also reported that ConfidentialTransfer and Sponsor faced comparable approval shortfalls. These are development possibilities rather than live mainnet capabilities.
ETF demand offers limited support
Institutional demand provided a more constructive signal late in October. The Crypto Basic reported combined spot XRP ETF inflows of $8.43 million on October 29, led by Franklin's $5.57 million and Bitwise's $2.86 million. The inflow ended four consecutive sessions of outflows, but October's total net inflows of $19.33 million were substantially below September's $121.4 million.
For investors, the setup therefore remains mixed: the XRP price is close to the lower end of October's range, while ETF buying has shown a short-term recovery without yet reversing the monthly trend. The November 4 amendment window and subsequent validator votes are the key near-term network checkpoints.
More XRP coverage is available on the XRP topic page.
