XRPL lending protocol falls 10 votes short as November 4 upgrade proceeds

The XRP Ledger (XRPL) is currently considering ten amendments for mainnet activation. However, the proposal to introduce native lending functionality has not reached the validator support needed to proceed, indicating a significant gap between ongoing development and available features on the network. A snapshot from the XRPL amendment dashboard on October 29 revealed that only 18 out of 34 validators backed the LendingProtocol amendment, far short of the 28 votes required. A separate network snapshot also showed similar results: just 19 out of 35 validators supported the proposal, with 29 required for a supermajority.
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