The XRP Ledger (XRPL) is set for a major upgrade with the launch of its Decentralized Identity (DID) capabilities on October 30, 2024. This enhancement aims to bolster security and user control within the ecosystem.
Additionally, the community is exploring native staking features, led by proposals for new protocols that would facilitate yield farming and decentralized lending on XRPL. These advancements signal a significant step toward making XRPL a more versatile platform for users, especially with the anticipated launch of Ripple’s new stablecoin, RLUSD .