XRP Ledger Prepares for October 23 Upgrade Amidst Stalled Lending Feature
The XRP Ledger is set for a security-focused upgrade but its native lending system remains on hold.
The XRP Ledger is set for a security-focused upgrade but its native lending system remains on hold. XRP (XRP) is trading at $1.30, up 0.8% since this brief published. This is an original TLT brief based on reporting by Bitcoin.com, with live market data added, as of Sat, 17 Oct 2026 19:00:03 UTC.
The upgrade addresses a critical security flaw that could allow unauthorized token creation, while the stalled lending feature could impact XRP's DeFi potential.
- XRP Ledger upgrade set for October 23 to fix token creation flaw.
- Native lending system approval still pending.
- XRP price down 0.21% in 24 hours, underperforming Bitcoin.
The 
XRP Ledger (XRPL) is gearing up for a significant software upgrade scheduled for October 23, aimed at resolving a security vulnerability. This flaw could potentially allow certain authorized accounts to create new tokens instead of destroying them, posing a risk to the ledger's integrity.
In addition to the security fix, the XRPL community has been eagerly awaiting the activation of a native lending feature. However, this feature remains in limbo as it awaits the necessary approvals. The delay in implementing the lending system could hinder the XRP Ledger's ability to compete in the burgeoning DeFi space.
The upgrade, known as fixCleanup3_4_0, is part of ongoing efforts to enhance the security and functionality of the XRP Ledger. While the upgrade is expected to proceed as planned, the lack of progress on the lending feature has raised questions about the platform's strategic direction.
XRP's price has been relatively stable in recent days, with a slight 0.21% dip in the past 24 hours, contrasting with 
Bitcoin's 0.30% gain. The broader crypto market remains flat, with a total market cap of $2.8 trillion and a Fear & Greed index of 55, indicating a sentiment of 'Greed'.
The upcoming upgrade underscores the XRP Ledger's commitment to security and stability. However, the stalled lending feature is a key area to watch, as it could significantly impact XRP's utility and adoption in the DeFi ecosystem.
Since this brief published about 1 hour ago, XRP (XRP) has moved from $1.29 to $1.30 — +0.78%.
The chart plots XRP's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 XRP ≈ ₦1,773.02 (about $1.30), up 0.4% over 24 hours. The naira itself trades about 2.4% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · October 17, 2026.
TLT reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
XRP Ledger Prepares for October 23 Upgrade Amidst Stalled Le — questions & answers
What is the purpose of the October 23 XRP Ledger upgrade?
The upgrade aims to fix a security flaw that could allow unauthorized token creation.
Why is the native lending feature important for XRP?
The lending feature is crucial for expanding XRP's DeFi capabilities and enhancing its utility.
How has XRP's price performed recently?
XRP is down 0.21% in the past 24 hours and 7.94% over the last week.
How much is 1 XRP worth in naira today?
About ₦1,773.02 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $1.30. The naira price moves with both XRP's US-dollar price and the USDT/NGN rate; use our XRP in naira page for any amount.
Has XRP's price moved since this brief was published?
XRP is up 0.78% since this brief first published — trading at $1.30 now versus $1.29 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from Bitcoin.com. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.