Ripple Backs Major XRPL Upgrade as $XRP Jumps 40% This Week Ripple has voted in favor of the PermissionDelegationV1_1 amendment, one of the key proposals moving XRP Ledger 3.3.0 closer to activation. The change would let accounts delegate specific permissions without giving another account full control. 🔐 So far, 7 of 35 UNL validators support the proposal. It needs at least 28 votes, or 80% support, for two consecutive weeks before going live. The idea is simple: regulated institutions can give teams or systems permission to perform certain transactions while keeping tighter control over assets. 📊 Key XRPL Takeaways: Institutional Controls: Permission Delegation works like role-based access, making XRPL more practical for banks, tokenized assets and regulated financial products. Bigger Upgrade Ahead: Ripple has also backed Single Asset Vaults, the Lending Protocol and fixCleanup, while other proposals including Confidential Transfer and BatchV1_1 are still being voted on. Meanwhile, XRP is trading near $1.39 after gaining around 40% this week, while ETF inflows and futures activity continue to rise. Even with $BTC still dominating institutional crypto, XRPL is quietly building the controls needed to bring more real-world value on-chain. #Macro Insights# #XRPEFT