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XRP Ledger Operations said XRP Ledger 3.2.0 will arrive soon. The team also said the core software will change its name from rippled to xrpld. The group shared the update on Thursday, June 4, in a post on X. It said, ‘XRP Ledger 3.2.0 is coming soon!’
It also warned that infrastructure providers, validators, and node operators must update their systems before the mainnet migration. The team added, “This transition will require some updates for infrastructure operators.” A playbook is now in progress to support the change. The post also used a GIF that showed the software prompt shifting to the new name and version check.
The visual showed the command line prompt changing to xrpld. It also displayed “xrpld version 3.2.0,” which pointed to the new release. The rebrand affects the core software that powers the XRP Ledger. As a result, all network operators must prepare for the update process.
The announcement followed the mainnet activation of XRP Ledger 3.1.3 on May 27. That upgrade happened at ledger index 104,507,137.
That release activated fixCleanup3_1_3. It aimed to improve the network’s long-term reliability. At the time, nodes with older software had to upgrade before they could join consensus and network operations. Ripple CTO Emeritus David Schwartz also addressed questions around the upgrade. The update received a 100% consensus vote for the major amendments.
XRP also marked its 14th anniversary this week. The network’s 2012 genesis event created the 100 billion token supply. At the same time, XRP investment products drew $20.3 million in weekly inflows. Broader digital asset funds lost $1.5 billion in the same period.
Exchange balances also kept falling. More than 25 million XRP have been left on exchanges in recent days, which usually points to longer-term accumulation.
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Yet price action remained weak. XRP fell from $1.2360 to $1.1497 in one 24-hour session and touched lows near $1.14 before a small recovery. Volume also jumped to 248.2 million XRP during the support test. The selloff broke below $1.25, a level that had held through much of the spring. XRP has now erased the full $1.20 to $1.60 range that shaped the past four months.
Rallies also failed at higher levels. January gains stopped near $2.40, while a May rebound stalled around $1.54.
The monthly RSI has now slipped below 43. That level has appeared only a few times in XRP history. Previous cases matched major market resets.
XRP Ledger is moving toward version 3.2.0 while changing its core software name from ‘rippled’ to ‘xrpld.’ Validators and node operators must prepare for updates before the mainnet shift. At the same time, XRP faces weak price action even as inflows and exchange outflows remain strong.
