In particular, the commercial price of the $ XRP cryptocurrency has been fighting a lot in recent days, since the XRPL network was offline for an hour.
XRP LEDger (XRPL) is a popular testing crypto network (POS) (POS). Ripple, a blockchain firm based in San Francisco, is responsible for development management around this blockchain network. $ XRP is the native currency of this network and has been the main product for cross -border payment services. $ XRP is open to use for any company in the payment service, without providing Ripple permission.
The current commercial price of the $ XRP currency is $ 2.41 and this price level is 21% in the last 7 days of the period. In particular, the price of this cryptocurrency has been fighting during the last two days, as we can see in the price chart.
This recession in the commercial price of this cryptocurrency is completely attributed to the recent court faced by the XRPL network. This network was offline for almost 64 minutes, on February 5 later, the network recovered, but Ripplex, a developer -centered platform to integrate the payment of waves with XRPL, could not find the exact reason to identify the problem.
In response to this network interruption incident, Ripple’s CTO, David Schwartz, said that the exact cause of the problem was unknown, but initial investigations suggest that while the consensus worked, validations were not published, which caused the Network does not align. In addition, Schwartz added that the preliminary findings of this incident can change with a later analysis.
At the beginning of November 2024, the XRPL network faced a partial interruption. In that 10 minutes interruption, several nodes through this cryptocurrency network were blocked, but the problem was solved after the affected nodes were restarted.
These network interruption problems for this upper cryptocurrency network within 3 months expressed concerns about network stability and injected a high level of negative confidence between $ XRP coins investors.
Load in XRPL increasing?
Some cryptography enthusiasts affirmed that the interruption problems of the network with the XRPL network are evidence that the load in this network increases rapidly and the existing potential of the network cannot handle this load.
The automated market manufacturer (AMM) function, introduced into the XRPL DEX ecosystem in March, saw a mass increase in cryptographic trade volume, jumping from $ 31.23 million in third quarter to $ 774.15 million in the fourth quarter in 2024 . XRPL DEX from $ 63.4 million to $ 1 billion.
Now it will be interesting to see how developers of the Ripplex & XRP community will handle this situation, if they will seek a new technical development level or bring alternative approaches to fight against the network interruption challenges.
Here, we can compare this situation with the Solana Test Test Network (POS), which is a highly scalable block chain in all this cryptographic space. Despite the high scalability potential, the network faces interruptions. In 2023, the developers of the community of Solana spent most of the time fighting against the interruption problems of the network and made Solana a better network to handle large commercial activities in the chain.
The last time the Solana Red was low was on February 6, 2024; Since then, the network has been active without inactivity time, the longest continuous activity time in the history of the network.
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