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XRPL Upgrade Goes Live as <a href="https://jpykr.com/xrp-usd/">XRP</a> Slips Amid Market Selloff

Key Highlights

  • XRPL activated version 3.1.3 with the fixCleanup3_1_3 upgrade, improving NFTs, Vaults, Lending, and Permissioned Domains.
  • Nodes below version 3.1.3 are blocked, and about 67% of the network has already upgraded with full validator consensus.
  • XRP price fell to about $1.31, but trading volume jumped over 31%, showing strong activity despite the market selloff.

The XRP Ledger (XRPL) has been updated to version 3.1.3 on its main network. This update, called the fixCleanup3_1_3 amendment, was activated today, May 27th, at 03:51:20 UTC, starting with ledger index 104,507,137.

Vet, a contributor to the XRP Ledger and a dUNU validator, also verified that the update is now live. He cautioned that any network participant using software older than version 3.1.3 will need to upgrade to stay connected.

According to Vet, the XRP Ledger is functioning as expected with blocks closing normally, and they also expressed gratitude for the community’s support during the update process.

A fix for the XRP Ledger has just been activated with version 3.1.3. If you’re running an older version (below 3.1.3), you’ll need to update to keep things running smoothly. The XRP Ledger is currently functioning normally and everything looks good. Thanks to everyone who helped spread the word about this update!

— Vet (@Vet_X0) May 27, 2026

What the upgrade changes

As an analyst, I’ve been reviewing the latest upgrade, and it includes a significant update called fixCleanup3_1_3. Essentially, this update addresses a number of issues across key parts of the XRPL ecosystem – things like NFTs, Permissioned Domains, Vaults, and the Lending Protocol. It’s a broad cleanup that should improve stability and performance in those areas.

This update cleans up old, invalid NFT offers from the system. It also stops failed transactions from accidentally changing who has access to Permissioned Domains, making sure permissions work as expected.

As an analyst, I’ve been following the recent system upgrades, and I can report improvements to how Vault functions handle withdrawals – specifically, we’ve addressed limits related to trust lines. We also overhauled the lending protocol, cleaning up inaccurate loan records and eliminating overpayments. Crucially, we’ve added extra verification steps to ensure all asset balances are correct. These changes are all geared toward maintaining a clean, accurate, and secure system, which is especially important as we expand into more complex areas like DeFi and tokenized assets.

Node updates and network rules

Nodes with software versions older than 3.1.3 can no longer fully participate in the network. To continue contributing to the ledger’s operation, they need to be updated.

Around 67% of the network has been updated to the newest version. Because the update was considered essential, it automatically went through without needing a vote. Ripple and the network validators all agreed on the upgrade during the process.

XRP price activity shows mixed sentiments

XRP’s price recently fell to $1.31, a decrease of around 3% in the last day. Despite this drop, trading volume increased significantly, rising over 31.75% to reach approximately $1.81 billion.

I’ve noticed a lot more trading happening even though the price is down, which makes me think people are just taking profits or repositioning themselves. It seems like the whole crypto market is a little nervous with the upcoming US inflation data and the monthly options expiring, and that’s putting some pressure on prices.

XRP ETF records $1.55 million inflow 

At the same time, large investment firms are increasingly investing in XRP through official, regulated channels. Data from SosoValue shows that XRP ETFs saw inflows of around $1.55 million by May 26th.

Bitwise saw the biggest inflows with approximately $462 million, closely followed by Canary at $452 million. Franklin Investment also experienced significant inflows of around $390 million.

The recent upgrade to the XRPL network is part of a larger plan to improve the system. This plan includes supporting things like digital versions of real-world assets, secure and controlled trading, and enhanced overall security.

Once the update was complete, the network continued to function as expected. Those responsible for verifying transactions confirmed that everything was running smoothly. Users with older software versions were reminded to update to maintain their connection, as the new system operates under different rules than previous versions.

Because the update was considered essential, it was installed automatically without requiring any additional approval steps.

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2026-05-27 18:45