XRP Ledger one vote away from Batch V1.1 activation, Balancer proposes shutdown
- —Batch V1.1 will combine up to 8 transactions into one atomic operation
- —27 of 35 XRPL validators back the upgrade; 80% is needed for activation
- —Balancer proposes closing the protocol and distributing at least $9M in treasury to BAL holders
- —The U.S. DOJ filed a lawsuit seeking forfeiture of $61M in crypto tied to Iranian oil
Why it matters: The XRPL upgrade could accelerate institutional use cases, while Balancer's closure signals pressure on older DeFi protocols.
Source: BeInCrypto RU