XRP News Today: $1 Price Test as 1.7M Daily Requests Make Headlines

XRP News Today Can Three Network Upgrades Offset XRP’s $1 Price Slide?

If you are following XRP news today, three separate stories deserve your attention. Flare is partnering with LayerZero to add stronger security to cross-chain transfers. 

The XRP Ledger Foundation (XRPLF) says its free public nodes now handle more than 1.7 million developer requests every day. 

And the XRPL team has set December 3 as the date for its next software release. At the same time, the coin has slipped to the $1.00 mark. 

XRP Price in the Last 24 Hours

According to CoinMarketCap, XRP is trading at $1.00, down 3.28% over the past 24 hours. It currently ranks sixth by market value.

The 24-hour chart shows how the day unfolded:

• The day began near $1.0449, and the price briefly climbed just above $1.05 in the first hours.

• Sellers then took control, and the price slid to roughly $1.017 during the evening.

• It recovered to around $1.04 in the early hours of 13 November.

• In the final stretch it dropped sharply and touched $1.00.

Source: CoinMarketCap Live data

The market cap fell by the same 3.28% as the price, which is normal because supply barely changes in a single day. 

Trading volume rose 3.29% to $1.93 billion, so more coins changed hands during the decline. 

The fully diluted value of $100.93 billion assumes all 100 billion coins are in circulation, while about 63.51 billion are circulating today. This is market data, not financial advice.

Flare Joins LayerZero as a Cross-Chain Security Provider

Flare FlareNetworks will partner with LayerZero as a Decentralized Verifier Network (DVN) provider, using its own consensus engine. 

A DVN is an independent checker. When a token or message moves from one blockchain to another, the checker confirms it is genuine before the transfer goes through.

The announcement is on Flare’s official news page and the LayerZero post. Describing the move as bringing XRP Finance to LayerZero.

Source: BSC News post

The timing matters because LayerZero’s Omnichain Fungible Token (OFT) standard manages over 85% of all multi-chain stablecoins issued by companies such as Tether, PayPal, Paxos, and Ondo. 

After deployment, token issuers can add the Flare DVN to the security setup of their choice.

Here is how the checking process works:

• A cross-chain message must be validated by a majority of Flare’s 100 independent data providers.

• Voting is based on stake.

• Validation must finish before the message is executed on the destination chain.

Because many independent providers have to agree, no single party can approve a transfer on its own.

Free XRPL Nodes Now Serve 1.7 Million Requests a Day

XRPLF says the free public nodes it set up with Ankr now handle more than 1,700,000 developer requests every 24 hours. 

In its official post, the foundation said it expanded public XRP Ledger infrastructure with free access to XRPL nodes.

Source: BSC News

The service opened in August and needs no API key or sign-up. That matters for a few reasons:

• Wallets and apps can connect to both the mainnet and the testnet.

• Builders do not have to run a server themselves.

• Getting started is faster, since no registration is required.

XRPL Version 3.5.0 Is Scheduled for December 3

XRPL Operations has announced that version 3.5.0 is scheduled for December 3. 

According to its official post, the release contains only improvements and fixes, with no new features.

The main item is a permanent fix for the occasional slow ledger close times. A ledger close is the moment the network finalizes a batch of transactions, so slow closes can mean slower confirmations.

Key points about the update:

• Release date: December 3

• Type of release: Improvements and fixes only

• Main fix: Permanent solution for occasional slow ledger closes

• Current status: Interim measures have already improved close times, and the team continues to monitor the network closely

How These Updates Fit Together

The three stories are separate, but they share a theme: making the ecosystem safer, easier to use and more reliable. 

None of them is directly about the price, which is down for the day.

For readers tracking XRP news today, the lesson is that price and development news move on different timelines. The price can change within hours, while security, access and reliability upgrades build up over months.

Conclusion

To sum up, XRP news today pairs a price near $1.00 with three infrastructure updates. 

Flare is adding majority-vote security for cross-chain transfers, the free public nodes are handling 1.7 million daily requests, and version 3.5.0 is on track for December 3.

Disclaimer

This article is for educational and informational purposes only and is not financial or investment advice. Crypto assets are high risk, their prices can be very volatile, and you can lose some or all of your money. Always do your own research and consider speaking with a licensed financial advisor before making investment decisions.