XRPL 3.2.0 Goes Live: Schwartz Powers Down Hub So 14% of Nodes Can Finally Catch Up ⚡

Ripple CTO Emeritus David Schwartz took his XRP Ledger hub offline on June 17 to upgrade to the v3.2.0 release, sharing performance data beforehand that showed only one notable incident of unexplained peer disconnections over the past month, which he attributed to a likely network outage near the hub. The network, identified by the ticker $XRP, maintained stability through the transition, according to Schwartz's X post, which framed the metrics as evidence of improved efficiency and security following recent upgrades aimed at scaling tokenization and DeFi activity.

XRPL Foundation published migration steps for validators tied to the release, which renames the core server from rippled to xrpld, reduces memory footprint, and includes bug fixes. As of the latest data from XRP Ledger Operations, 14% of network nodes have updated to v3.2.0, with operators working through the name transition. The upgrade lands as the ledger positions for broader institutional tokenization use cases, with developers citing lower resource requirements and streamlined server branding as foundations for future throughput gains.

Schwartz's decision to pause his own hub during the rollout underscored the network's reliance on core developers to validate major releases, a pattern XRPL has followed through prior version transitions.