XRP Ledger 3.2.0 targets June 15 as rippled rebrands to xrpld

XRP Ledger's core server software is getting a new name and a memory efficiency overhaul in the biggest infrastructure change since the network's launch.

The XRP Ledger will rename its core server software from rippled to xrpld under version 3.2.0, cutting memory usage by as much as 40%, with mainnet deployment scheduled for June 15, according to dUNL validator Vet.

"The naming transition will require infrastructure operators to update parts of their systems," XRPL Operations said on June 4, adding that a detailed migration playbook is being prepared.

The upgrade follows version 3.1.3, activated in late May, which delivered fixes for NFTs, Permissioned Domains, Vaults, the Lending Protocol and Multi-Purpose Tokens. As of June 8, the project's GitHub milestone stood at 98% complete with several items still open, leaving room for the timetable to shift. Node operators may need to revise service files, scripts, monitoring tools and command-line checks, though regular XRP holders do not need to take action.

The update arrives as the XRP Ledger expands its tokenization and stablecoin activity — Ripple recently extended RLUSD access across more than 40 networks through Wormhole, including the XRPL EVM sidechain. A server release does not guarantee higher demand for XRP, but the infrastructure overhaul shows the network is preparing for higher transaction volumes and broader institutional use.

XRP traded at $1.14 as of 02:00 UTC on June 8, recovering from a four-month low of $1.09 after a 17% weekly decline, CoinGecko data shows. The token's 24-hour range spanned $1.12 to $1.16, with a brief spike to $1.17 before broader market selling tied to geopolitical tensions pushed it back down. XRP remains down roughly 12% over seven days and roughly 29% year-to-date, with a market capitalization of $78.4 billion.

The 3.2.0 upgrade does not introduce new user-facing features. Instead, it focuses on server-side improvements: renaming the core software to reflect the open-source ledger's identity beyond Ripple the company, and delivering performance gains that XRPL Operations said could reduce memory usage by up to 40%. The final technical notes and public benchmarks supporting that figure have not yet been released.

Infrastructure and adoption context

The transition gives exchanges, wallet providers and data services time to update references before older naming creates compatibility or support problems. XRPL Operations said it is preparing a detailed playbook for node operators. The network state data currently shows 84% of nodes have updated to version 3.1.3.

Ripple's expansion of RLUSD to more than 40 networks via the Wormhole cross-chain protocol adds stablecoin liquidity to the XRP Ledger ecosystem. The XRPL EVM sidechain, which supports Ethereum-compatible smart contracts, is one of the networks now integrated with RLUSD.

What to watch

Near-term support sits at $1.03, with stronger resistance near $1.36, according to technical analysis. A break below $1.10 could open the path toward the $1.00 level. On the upside, a move above $1.20 would be the first sign of repairing the damage from the recent selloff. The CLARITY Act, which would classify XRP as a digital commodity under federal law, cleared the Senate Banking Committee on May 14 and has a July 4 target for passage — a legislative catalyst that could drive institutional demand independent of the protocol upgrade.

This article is for informational purposes only and does not constitute investment advice.