XRP Ledger Developers Propose New XRPL Standard to Improve Interoperability
The development of the XRP Ledger (XRPL) ecosystem has grown significantly during the last year. According to recent data, approximately 2,000 additional tokens have been added to the XRPL network throughout this time. This rise in activity is notable in light of the legal fight between Ripple Labs and the SEC, ongoing since 2020. It all began when the SEC sued Ripple , stating that XRP is a security. The case has been dragging on for over two years. Also read: Solana SOL Price Prediction for March 2023 Despite all of this, the XRP team is exhibiting greater developments. According to the details of the latest proposal laid down by XRP Ledger developers and the Ripple development lab, the idea for a new XRPL standard has been laid out. Source: Nicolas Rabier XRP Ledger’s new proposal is aimed at improving interoperability The detail from the proposal reveals that the new proposed XRPL standard is for a cross-chain bridge, which is aimed at improving inter...