The XRP Ledger is preparing a significant update focused on implementing compliance management tools.
Credentials Update on XRP Ledger
In the coming hours, the XRP Ledger will activate an update called Credentials. This feature allows users and institutions to attest compliance requirements such as KYC and AML by applying the credentials issued to their Decentralized Identity. The amendment has received 28 out of 35 votes (82.86%) and is expected to activate on September 4, 2025, at 3:51:21 a.m. UTC.
XRP Growth Metrics
According to CoinGecko data, XRP has surged by 400% over the past year, far surpassing the performance of leading cryptocurrencies Bitcoin and Ethereum, which posted annual returns of 88% and 73%, respectively. At the time of writing, XRP was trading at $2.87, 1.61% higher than in the last 24 hours.
Current Prices and Forecasts
Following a six-day decline, XRP rebounded from a low of $2.69 on September 1, reaching an intraday peak of $2.88 on Thursday. Current immediate resistance lies at $3.09, $3.38, and $3.66. If these levels are cleared, XRP may target $4. Major support remains at the $2.48 level.
The Credentials update on the XRP Ledger marks an important development in compliance management and will be actively integrated into the XRP ecosystem. Additionally, XRP's significant growth this year draws attention to the cryptocurrency's potential.
