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Ripple’s XRP Ledger was besides stopped connected February 4, 2025, and the blockchain stopped astatine the artifact tallness of 93927174 for 64 minutes. The occupation prevented the work of validations, which caused a halt successful the network’s cognition for a while.
Ripple’s Chief Technology Officer, David Schwartz, confirmed the halt stating that portion statement seemed to beryllium proceeding, validations were not being published and truthful the web was moving apart.
Source: XThe validators had to manually instrumentality power and take a “rational starting point” to bring the web backmost to normal. RippleX besides ensured its customers that their funds were not compromised during the incident.
However, this raised concerns of centralization of XRP Ledger due to the fact that lone a fewer validators would beryllium capable to marque alterations to the network. This raised discussions particularly erstwhile compared with Ethereum that is simply a decentralized web with implicit 1 cardinal validators.
After the network’s recovery, XRP terms roseate by 3.2% from the 24-hour debased of $2.45 to $2.53. This terms question is accordant with the show of XRP since the triumph of Donald Trump arsenic the President of the United States of America arsenic it has risen by 396% since November 5, 2024.
This web halt continues the discussions regarding the XRP Ledger’s centralization and Ripple’s relation successful the crypto manufacture arsenic its CEO Brad Garlinghouse seeks to person XRP recognized arsenic 1 of the US reserve assets.
Also Read: XRP Gains 12% arsenic Crypto Recovers Amid Tariff Tensions
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