In a recent tweet, $1 billion $XRP treasury company Evernorth spotlights the XRPL native protocol. The $XRP Ledger Lending protocol was introduced in rippled version 3.1.0 and is currently being voted upon.
“$XRP’s native lending protocol is on the way,” Evernorth wrote in a recent tweet highlighting the potential of this major XRPL upgrade.
“Single asset vaults. Term lending with automated repayments. Confidential transfers using zero-knowledge proofs. On-chain institutional infrastructure built at the protocol level,” Evernorth wrote.
$XRP’s native lending protocol is on the way! Single asset vaults. Term lending with automated repayments. Confidential transfers using zero-knowledge proofs. On-chain institutional infrastructure built at the protocol level. Get the 3 minute breakdown from @sagarCBO.
Learn more:… pic.twitter.com/QIQV1bmSIk
— evernorthxrp (@evernorthxrp) March 27, 2026
$XRP enthusiast “Bank $XRP” spotlights Evernorth’s insights on the $XRP Ledger Protocol, referring to the $XRP Ledger lending protocol as the “final piece of the XRPL stack.”
XLS-66 changes the game as it unlocks utility by putting over $100 billion in dormant $XRP to work; it utilizes native security with no need for wrapping or bridging.
Evernorth plans to use XLS-66 as, in an earlier announcement, the firm called for rigorous battle-testing of the new amendment.
According to J.A Akinyele, Ripple is taking a more proactive, AI-driven approach to strengthening XRPL security. This includes AI-assisted testing across the development lifecycle, a dedicated red team and higher standards for how changes are evaluated before they go live.
$XRP price
At the time of writing, $XRP was down 2.6% in the last 24 hours to $1.33 amid a broader crypto market sell-off on Friday, which has seen $514 million in total liquidations. Rising U.S. Treasury yields and a stronger dollar spooked risk assets, including cryptocurrencies and crypto-related equities.
The recent market decline has seen $469.22 million in long bets liquidated in the last 24 hours, while shorts came in at $45.52 million, totaling $514.77 million.
The sell-off in the last 24 hours saw $XRP volume rise, suggesting a liquidation-driven move. $XRP trading volume is up 42.94% in this time frame to $2.59 billion, according to CoinMarketCap data.
