The XRP Ledger is set to introduce new functionalities, which will have implications for the XRP community.

The XRP Ledger is enhancing its platform by incorporating extensions that integrate smart contracts, aiming to improve the viability of decentralized financial services. The development of an EVM-compatible sidechain, introduction of new lending capabilities, and compliance tools are all contributing to the goal of broadening the use of XRPL in the DeFi space. Significant advancements are expected in 2025, benefiting both institutional and retail users. Mayukha Vadari, a senior software engineer at RippleX, shared insights about the new features in the pipelines across various development networks. Vadari states that three different networks are being utilized to evaluate these new advancements. The initial version is a duplicate of the actual XRPL environment known as the Testnet. The alternative is known as Devnet, which hosts updates that have been finalized but are not yet approved. The third category consists of temporary networks that are utilized for preliminary testing before moving on to Devnet. The development procedure of the XRP Ledger heavily depends on input from users. Its development networks emphasize that users can utilize them to test and integrate new features. This involvement guarantees ongoing improvements prior to its complete release on the primary network. Introduction of new features to facilitate advanced transactions.