XRP Ledger recently announced a major adjustment, reducing the base reserve requirement from 10 XRP to 1 XRP, significantly lowering the entry barrier for users. This change means that the minimum reserve required for users to create an account has been reduced by about 90%, which may attract more users to join the network.
At the same time, the owner reserve for each account object has also been reduced from 2 XRP to 0.2 XRP. This adjustment helps reduce the cost of account management and makes it more cost-effective to operate on the XRP network.
Behind these adjustments, it is intended to prevent the size of the ledger from exceeding the storage capacity of the node, while responding to the developer's criticism of the high reserve. By reducing the reserve, XRP Ledger hopes to accelerate the user adoption of its network and increase overall activity.