XRP Ledger Schedules November Reset After Network Crash
The planned testnet and devnet reset comes as elevated Binance funding and $10.42 million in spot ETF losses accompany a broader XRP decline.
The planned testnet and devnet reset comes as elevated Binance funding and $10.42 million in spot ETF losses accompany a broader XRP decline. XRP (XRP) is trading at $1.06, down 0.2% since this brief published. This is an original TLT brief based on reporting by The Coin Republic, with live market data added, as of Tue, 10 Nov 2026 22:45:02 UTC.
The reset provides a fresh environment for developers after a server crash, while the simultaneous derivatives and ETF outflows show pressure across several parts of the XRP market.
- XRP Ledger plans a November 25 testnet and devnet reset
- A server crash prompted the network maintenance announcement
- Spot XRP ETFs recorded $10.42 million in losses
- XRP fell 2.91% over 24 hours and 17.15% over seven days
- XRP Ledger Surges in Stablecoin Growth, But Trails Behind AI Payment Network
- XRP Ledger Network Resolves Reported Security Vulnerability
- XRP Ledger Foundation Funds Community Education on Network Upgrades
- XRP Ledger Schedules November Reset After Network Crash — this brief
The Coin Republic reports that 
XRP Ledger plans to reset its testnet and devnet on November 25 following a server crash. The announcement covers the two development environments used for testing rather than a change to the live XRP Ledger network.
The same report says Binance funding rates have reached a yearly high while spot XRP ETFs registered $10.42 million in losses. It presents these developments alongside the reset announcement as signs of pressure surrounding XRP and its wider trading ecosystem.
XRP is trading at $1.059, down 2.91% over the past 24 hours and 17.15% over seven days. Its market capitalization stands at $67.29 billion. The total crypto market is broadly lower at $2.52 trillion, with 
Bitcoin also down 1.46% over 24 hours, indicating that XRP’s weakness is occurring within a declining broader market.
The Fear and Greed Index is at 32, placing market sentiment in the “Fear” category. What to watch is whether the November reset completes as scheduled and how funding activity, ETF flows and XRP’s price respond during the broader market downturn; the available figures do not establish a causal link between those factors.
Since this brief published about 5 hours ago, XRP (XRP) has moved from $1.06 to $1.06 — -0.19%.
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 ≈ ₦1,468.69 (about $1.06), down 3.9% over 24 hours. The naira itself trades about 3.0% 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 · November 10, 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 Schedules November Reset After Network Crash — questions & answers
Why is the XRP Ledger resetting its test environments?
The planned November 25 reset follows a server crash, according to The Coin Republic.
What market activity accompanied the reset announcement?
Binance funding rates reached a yearly high, while spot XRP ETFs recorded $10.42 million in losses.
How is XRP performing during the broader decline?
XRP trades at $1.059, falling 2.91% over 24 hours and 17.15% over seven days.
How much is 1 XRP worth in naira today?
About ₦1,468.69 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $1.06. 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 down 0.19% since this brief first published — trading at $1.06 now versus $1.06 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 The Coin Republic. 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.