CoinVoice recently learned that according to Cointelegraph, XRP Ledger has lowered the basic reserve requirement from 10 XRP (about $25.60) to 1 XRP (about $2.56). At the same time, the owner reserve of each account object (including NFT, trust line, signature list, etc.) has also been reduced from 2 XRP to 0.2 XRP. This adjustment was first disclosed by Vet, an XRP verification node operator.
The purpose of the base reserve is to prevent the size of the ledger from growing beyond the capacity of node storage. Developers want to prevent the creation of junk accounts with almost no XRP, so the 10 XRP reserve requirement is proposed to prevent this from happening. However, the high reserve has been criticized by some developers, who say it slows down the adoption of the XRP network by users. [Original link]