XRP’s DEX Upgrade: Will It Save or Sink the Ledger?

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The final countdown has begun, a silent march towards an uncertain future, as the permissioned DEX amendment looms over the XRP Ledger like a specter of change. One wonders if this is the moment when the ledger will finally prove its worth, or if it is merely another chapter in the eternal tale of financial ambition.

According to the cryptic data of XRPScan, the Permissioned DEX amendment is expected to activate within the next 24 hours, a mere 23 hours remaining in this digital countdown. One wonders if the ledger’s fate hinges on these fleeting moments-or if it is all just a grand illusion crafted by those who thrive on chaos.

Permissioned DEX (XLS 81) births controlled environments, a gilded cage for trading within the XRP Ledger’s decentralized exchange. Trading here mirrors the open DEX, yet the permissioned domain wields the sword of exclusion, deciding who may partake in this digital marketplace. A curious paradox: freedom, but only for the chosen few.

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By weaving permissioning features into the DEX protocol, regulated financial institutions may find a new sanctuary, yet one must question if this is a true embrace of decentralization or merely a mask for old power structures. The line between compliance and control blurs, like a shadow at dusk.

The permissioned DEX amendment, building upon XLS-80, Permissioned Domains, is but a step in the long march towards institutional acceptance, though one cannot help but wonder if this is the dawn of a new era or the twilight of true decentralization. A bridge between the past and an uncertain future, perhaps.

XRP sees persistent demand

At the recent XRP community gathering, Rayhaneh Sharif Askary, head of product and research at Grayscale, spoke of the unyielding demand for XRP, a testament to the fervor of its followers, though one must ask if this is genuine interest or the fervor of a cult. The whispers of clients, ever eager, echo through the halls of finance.

Grayscale, ever the herald of market sentiment, shared this revelation in a tweet, a digital echo of the XRP community’s unrelenting passion. Yet, as the market dances to its own whims, one cannot help but wonder if this is a fleeting flame or a lasting fire.

“Advisors are constantly asked by their clients about XRP, and in some cases, it’s the second most talked about asset in this community behind Bitcoin,” the asset manager noted, sharing a recap of Sharif Askary’s comments at the recent XRP Community Day event. A curious hierarchy of value, where even the second place is a crown.

Meanwhile, XRP funds, like quiet streams, draw in capital, a subtle current of interest despite the market’s turbulent waves. A testament to resilience, or perhaps a fool’s errand dressed in hope.

At the time of writing, XRP languishes at $1.45, a 1.78% dip in the last 24 hours, yet up 3.59% weekly-a fluctuation that mirrors the fickle nature of the market’s whims. A rollercoaster for the brave, or a trap for the desperate.

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2026-02-17 16:54