RippleX Releases XRPL Version 2.5.0 with Major Upgrades and Improvements

RippleX has released XRPL version 2.5.0, a significant software upgrade for the XRP Ledger.

Key Features of XRPL 2.5.0

Introduction of token escrow supporting IOUs and multi-purpose tokens (MPTs)
Batch transaction capability allows grouping multiple operations into one transaction
XLS-56 amendment enables combining up to eight transactions, reducing failed multi-step transactions by about 30%
Launch of permissioned decentralized exchanges (DEXs) via XLS-81 amendment
Support for permission delegation through XLS-75 amendment
Bug fixes addressing NFT-related spam; explicit user authorization required for NFT interactions

This release aligns the XRP ecosystem more closely with broader crypto and blockchain trends.

Governance Enhancement

XRPL also introduced XAO DAO, a decentralized autonomous organization allowing community members to participate in governance, vote on proposals, and influence on-chain development. This marks a shift towards decentralized governance within the XRPL ecosystem.