XRP Ledger upgrade on October 23: What it means for the XRP price

XRP (XRP) is heading toward a scheduled XRP Ledger cleanup upgrade on October 23, 2026, with 29 validator votes supporting the amendment. The proposed change addresses token permissions and other transaction-processing rules, according to Crypto.news.

The amendment is called fixCleanup3_4_0 and must retain more than 80 percent support during the approval process. Crypto.news reported on October 19, 2026, that the package had reached the required vote count and was projected to activate on October 23, 2026, if support remained in place. The update is a software correction rather than the launch of a new trading product.

The cleanup patch closes a token permission flaw

The package includes a correction for PaymentBurn, a permission intended to let an authorized account destroy certain tokens. Under specific conditions, the earlier behavior could allow token creation instead, according to Bitcoin.com. The same report said the patch also covers automated market makers, escrow transactions, vault calculations and lending-related infrastructure.

Validators are independent servers that agree on which transactions the XRP Ledger accepts. The amendment requires support above 80 percent for 14 consecutive days. Bitcoin.com reported that the countdown could restart if support falls to 80 percent or lower before activation. The practical change for node operators is the need to run compatible software when the amendment becomes active.

Spot XRP ETFs record a 1.84 million USD outflow

U.S. spot XRP ETFs, funds that hold XRP while trading on regulated markets, recorded 1.84 million USD in net outflows for the week ended October 16, 2026. The figure ended a 13-week inflow streak, according to TokenPost. The report also listed a 740,400 USD inflow on October 14, 2026, followed by outflows of 104,500 USD on October 15, 2026, and 2.47 million USD on October 16, 2026.

The proposed lending amendments remain separate from the cleanup package. CoinDesk reported that the lending system had 19 validator votes and the related vaults had 21, against a required 29 votes, as of October 20, 2026. The report said neither proposal had started its own activation countdown.

Investing.com records XRP at 1.2985 USD

The XRP price is 1.2985 USD as of October 20, 2026, down 0.18 percent compared with the UTC daily close of October 19, 2026, according to Investing.com. The daily high is 1.3076 USD and the daily low (UTC day) is 1.2869 USD. Market capitalization is 82.03 billion USD, ranking XRP fifth, while 24-hour volume is 1.42 billion USD. Circulating supply is 63.13 billion XRP.

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