Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Dark Defender: XRP Didn’t Pump This Week. It Did Something Better

Dark Defender: XRP Didn’t Pump This Week. It Did Something Better

TimesTabloidTimesTabloid2026/06/19 20:06
By:TimesTabloid

In a post on X, Dark Defender (@DefendDark) said XRP did something better than pump this week. He highlighted the XRP Ledger’s new 3.2.0 update, which lands as seven XRP ETFs start pushing real capital into the market. He closed his post with a simple question: When does BlackRock join the ETF market?

XRP didn't pump this week.
It did something better.
XRPL just got faster & cheaper to run with 3.2.0 update, right as 7 ETFs start pushing real money through it.

When BlackRock?

— Dark Defender (@DefendDark) June 18, 2026

Inside the Upgrade

The 3.2.0 upgrade focuses on speed and cost. It makes the XRP Ledger faster and cheaper to run, according to Dark Defender’s post. The upgrade also renames the network’s core server software from “rippled” to “xrpld,” a change tied to XLS-0095. The new name reflects the ledger’s status as an independent network, separate from Ripple.

Developers built the release around infrastructure rather than new user features. It trims memory use, patches several DeFi-related tools, and adds new checks for deleted accounts. None of it changes how XRP looks on a chart, but it changes how the network runs underneath.

XRP’s Price Picture

XRP fell hard in early June, sliding from $1.33 to under $1.10 as a wider sell-off across crypto markets also pulled Bitcoin lower. The token has yet to recover that ground. Still, the past few days brought some relief. Price action has steadied, and on-chain data shows large wallets adding to their holdings rather than selling.

We are on X, follow us to connect with us :- @TimesTabloid1

— TimesTabloid (@TimesTabloid1) June 15, 2025

Is the Community Excited?

Replies covered a wide range of views. One user asked whether XRP could fall below $1 in the coming weeks, and continue the downtrend despite the upgrade, or if the recent low of $1.04 marks the bottom. Dark Defender acknowledged the possibility of that move, as XRP has not fully recovered.

Another saw the moment as historic, calling it a “front row seat” to watch everything fall into place. One reply tied the timing to investor psychology, noting that shipping upgrades during a dip “is the move nobody claps for.”

Another reply focused on access, arguing that more paths into the network usually draw more serious attention over time. Rumors have been circulating that BlackRock plans to launch an XRP ETF. If the firm does that, it could significantly improve the access the community member wrote about, which would improve XRP’s short and long-term prospects as the network grows.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

The AI boom may follow the path of the 19th-century railway bubble, and builders may not be the ultimate winners

Goldman Sachs analyst Bobby Molavi compared the current situation to the 19th-century British railway mania: 500 companies spent more than the nation's annual income building 8,000 miles of railway, with most early investors losing out, while the real beneficiaries were the later "passengers." He pointed out that the current AI craze is driven by both debt and momentum, and that the S&P 500’s forward P/E ratio of 18x is only "a bit cheaper." Whether the builders can retain value is uncertain, and history does not offer an optimistic answer.

华尔街见闻•2026/11/12 03:56
The AI boom may follow the path of the 19th-century railway bubble, and builders may not be the ultimate winners

If Anthropic's IPO goes smoothly and the stock price rises next week, then everything remains the same for AI. Otherwise, some companies will go bankrupt.

The shrinking valuations of two major giants have triggered a chain reaction—investors are adopting more conservative revenue multiples for AI startups and are directly halting high-valuation financing for companies with zero revenue. Multiple venture capital firms have advised their portfolio companies to lower valuation expectations and to quickly build up cash reserves. Market participants warn that the outcome of Anthropic’s IPO will be a barometer for the industry: if successful, the boom will continue; if it fails, some companies may face elimination.

华尔街见闻•2026/11/12 03:46

After the Brazilian election, political discount deepens; Morgan Stanley remains bullish on Petrobras (PBR.US), focusing on fuel pricing and dividends

Morgan Stanley still maintains its most optimistic "Overweight" rating, but has lowered its year-end 2027 target price from $31 to $25.

智通财经•2026/11/12 03:42
After the Brazilian election, political discount deepens; Morgan Stanley remains bullish on Petrobras (PBR.US), focusing on fuel pricing and dividends

Corning (GLW.US) receives initial "Buy" rating from Jefferies! AI factories driving a fiber optic rush, with a potential global supply gap of up to 30%

For Corning, the recent profit growth mainly comes from the expansion of AI clusters. As the number of optical links crossing cabinets and campuses increases, customers need to deploy more optical fibers within limited conduit and cabinet space, thus driving demand for high-density optical cables and connection systems.

智通财经•2026/11/12 02:47
Corning (GLW.US) receives initial "Buy" rating from Jefferies! AI factories driving a fiber optic rush, with a potential global supply gap of up to 30%