XRP Ledger Nears Batch V1.1 Rollout as Account Creation Spikes 323%

New XRP Ledger accounts hit 11,432 in a day as 30 of 35 validators back the BatchV1_1 amendment, set to activate September 29 at 14:06 UTC.

A surge in wallet registrations on the XRP Ledger has coincided with final preparations for a protocol change that could reshape how transactions are settled on the network. In a single day of tracking, 11,432 new accounts were opened — a 323% jump over the 30-day average of roughly 2,700 registrations. The catalyst behind the spike remains unclear: genuine user growth, internal reshuffling at trading platforms, wallet migrations, or new applications plugging into the chain are all plausible explanations. Whatever the driver, the blockchain is visibly busier.

Validators Line Up Behind BatchV1_1

That uptick in activity lands just as the network readies the "BatchV1_1" amendment, scheduled for activation on September 29 at 14:06 UTC. Thirty of the ledger's 35 validators have thrown their weight behind the change, clearing the 80% threshold required to move forward. Once that support holds through a mandatory transition window, the feature goes live.

The upgrade lets up to eight transactions be bundled into a single, atomic operation — either all steps execute together or the whole package is discarded. For developers, that means fewer failure points when handling multi-stage processes; for institutional players, it opens the door to more sophisticated settlement models in securities and payments. Ayo Akinyele, who leads development at RippleX, says asset managers and commercial projects are already gearing up to use the function.

Whale Accumulation and a Brief ETF Pullback

Behind the technical headlines, the holder base has been shifting. Large investors added roughly 1.54 billion XRP between September 16 and 19, trades worth about $2.2 billion on paper — though whether that buying drove recent price action is not established. On the institutional side, the picture was mixed: US-listed spot XRP ETFs saw net outflows of 3.97 million units on September 17, snapping a stretch in which no shares had been redeemed. By Wednesday, flows had turned again, with $18.04 million in net inflows lifting total assets under management for the fund category to $1.65 billion.

Washington Stumble, Then a Rebound

Earlier in the month, a political setback rattled sentiment. On September 15, the CLARITY Act failed a procedural vote in the US Senate by 49 to 50, and the resulting price dip was compounded by a 0.25 percentage point rate hike from the Federal Reserve. Ripple pushed back afterward, stressing that the bill's failure does nothing to alter XRP's existing legal classification. A September 17 SEC action, meanwhile, concerned tokenized US equities and did not single out the token for special treatment.

The market has since recovered. XRP trades at $1.53, up 1.9% on the day and 18% over the past week, helped by short covering and a broader improvement in crypto sentiment. The token now sits 18% above its 50-day average.

Swell 2026 on the Horizon

Attention is already stretching beyond next week's upgrade. "Swell 2026" is set for late October in New York, where Ripple CEO Brad Garlinghouse and CME Group chief Terrence Duffy are slated to discuss market infrastructure, tokenized assets, and institutional crypto products. For now, though, all eyes are on Tuesday — and whether the ledger's biggest technical change in months goes off without a hitch.