Ripple CTO explained that the issue likely stemmed from validators refusing to validate.
A manual reset was by one validator operator, but the issue was largely resolved by the network.
Is now XRP's turn to shine?
The XRP Ledger (XRPL) experienced a brief disruption in its
operations due to a consensus mechanism issue today (Wednesday). The network's
consensus process appeared to work, but validations were not being published,
causing the ledgers to "drift apart, Coindesk reported."
Meanwhile, the XRPUSD H1 chart has been trading within a
bearish equidistant channel. As of now, after its second bounce off the
channel's support, the price is heading towards the resistance.
Validators' Drift Disrupts XRP Ledger Operations
In the XRP Ledger, consensus is essential for updating the
ledger with new transactions. If validators cannot agree on which transactions
to include, the network halts.
A "drift" means that while the consensus protocol
ran, validations weren’t published. At least one validator operator reset the
consensus to a validated ledger state. However, Ripple's CTO David Schwarz
noted the network seemed to resolve the issue on its own.
Schwarz Highlights Risk of Silent Network
Schwarz explained that validators may have refused to send
validations due to potential issues with the network, preventing further
confusion. He highlighted the risk of a "silent network" failure,
where all validators could refuse to validate, blocking the network from
reconverging.
“One possible failure mode for XRPL is if all the validators
think something's wrong with the network, all refuse to send any validations,
and then there's no chatter to let the network reconverge. This is the 'silent
network' failure,” Schwarz added.
No assets were at risk during the downtime, and XRP prices
stayed in line with broader bitcoin and altcoin movements.
XRPUSD, H1 Chart, Source:TradingView
XRPUSD Moves Up After Bullish Reversal
The XRPUSD H1 chart indicates that the price has been
range-bound within a bearish equidistant channel. Following the last bounce and
the formation of a bullish reversal candle, the price has been moving upward.
However, the resistance of the channel provides limited space for buyers, which
may cause the price action to be somewhat sluggish.
DeepSeek AI has analyzed Ripple’s legal situation, the
adoption of its On-Demand Liquidity (ODL) platform, and market trends to
develop predictions. The
model estimates XRP could trade between $3.50 and $5.00 by the end of 2025,
with a 70% probability of a favorable legal outcome.
Ripple has recently been involved in several developments. The
company donated $100,000 in XRP to support communities affected by the
California wildfires, contributing to organizations like World Central Kitchen
and GiveDirectly through The Giving Block platform.
The company is also advancing in Japan, where expectations
suggest that banks
will adopt the XRP Ledger by 2025, according to SBI CEO Yoshitaka Kitao.
This initiative aims to improve cross-border payments and currency conversions
for remittances.
The debate surrounding XRP’s inclusion in a US crypto
reserve continues, with allegations of centralization complicating the issue.
In response, Ripple’s Schwartz, has
defended the decentralization of the XRP Ledger, highlighting its
resilience against manipulation.
The XRP Ledger (XRPL) experienced a brief disruption in its
operations due to a consensus mechanism issue today (Wednesday). The network's
consensus process appeared to work, but validations were not being published,
causing the ledgers to "drift apart, Coindesk reported."
Meanwhile, the XRPUSD H1 chart has been trading within a
bearish equidistant channel. As of now, after its second bounce off the
channel's support, the price is heading towards the resistance.
Validators' Drift Disrupts XRP Ledger Operations
In the XRP Ledger, consensus is essential for updating the
ledger with new transactions. If validators cannot agree on which transactions
to include, the network halts.
A "drift" means that while the consensus protocol
ran, validations weren’t published. At least one validator operator reset the
consensus to a validated ledger state. However, Ripple's CTO David Schwarz
noted the network seemed to resolve the issue on its own.
Schwarz Highlights Risk of Silent Network
Schwarz explained that validators may have refused to send
validations due to potential issues with the network, preventing further
confusion. He highlighted the risk of a "silent network" failure,
where all validators could refuse to validate, blocking the network from
reconverging.
“One possible failure mode for XRPL is if all the validators
think something's wrong with the network, all refuse to send any validations,
and then there's no chatter to let the network reconverge. This is the 'silent
network' failure,” Schwarz added.
No assets were at risk during the downtime, and XRP prices
stayed in line with broader bitcoin and altcoin movements.
XRPUSD, H1 Chart, Source:TradingView
XRPUSD Moves Up After Bullish Reversal
The XRPUSD H1 chart indicates that the price has been
range-bound within a bearish equidistant channel. Following the last bounce and
the formation of a bullish reversal candle, the price has been moving upward.
However, the resistance of the channel provides limited space for buyers, which
may cause the price action to be somewhat sluggish.
DeepSeek AI has analyzed Ripple’s legal situation, the
adoption of its On-Demand Liquidity (ODL) platform, and market trends to
develop predictions. The
model estimates XRP could trade between $3.50 and $5.00 by the end of 2025,
with a 70% probability of a favorable legal outcome.
Ripple has recently been involved in several developments. The
company donated $100,000 in XRP to support communities affected by the
California wildfires, contributing to organizations like World Central Kitchen
and GiveDirectly through The Giving Block platform.
The company is also advancing in Japan, where expectations
suggest that banks
will adopt the XRP Ledger by 2025, according to SBI CEO Yoshitaka Kitao.
This initiative aims to improve cross-border payments and currency conversions
for remittances.
The debate surrounding XRP’s inclusion in a US crypto
reserve continues, with allegations of centralization complicating the issue.
In response, Ripple’s Schwartz, has
defended the decentralization of the XRP Ledger, highlighting its
resilience against manipulation.
Why XRP Is Going Down Today? The Ripple-Backed Cryptocurrency Price Slides for a 13th Out of 14 Days
Hannah Hill on Innovation, Branding & Award-Winning Technology | Executive Interview | AXI
Hannah Hill on Innovation, Branding & Award-Winning Technology | Executive Interview | AXI
Recorded live at FMLS:25, this executive interview features Hannah Hill, Head of Brand and Sponsorship at AXI, in conversation with Finance Magnates, following AXI’s win for Most Innovative Broker of the Year 2025.
In this wide-ranging discussion, Hannah shares insights on:
🔹What winning the Finance Magnates award means for AXI’s credibility and innovation
🔹How the launch of AXI Select, the capital allocation program, is redefining industry standards
🔹The development and rollout of the AXI trading app across multiple markets
🔹Driving brand evolution alongside technological advancements
🔹Encouraging and recognizing teams behind the scenes
🔹The role of marketing, content, and social media in building product awareness
Hannah explains why standout products, strategic branding, and a focus on innovation are key to growing visibility and staying ahead in a competitive brokerage landscape.
🏆 Award Highlight: Most Innovative Broker of the Year 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #MostInnovativeBroker #TradingTechnology #FinTech #Brokerage #ExecutiveInterview #AXI
Recorded live at FMLS:25, this executive interview features Hannah Hill, Head of Brand and Sponsorship at AXI, in conversation with Finance Magnates, following AXI’s win for Most Innovative Broker of the Year 2025.
In this wide-ranging discussion, Hannah shares insights on:
🔹What winning the Finance Magnates award means for AXI’s credibility and innovation
🔹How the launch of AXI Select, the capital allocation program, is redefining industry standards
🔹The development and rollout of the AXI trading app across multiple markets
🔹Driving brand evolution alongside technological advancements
🔹Encouraging and recognizing teams behind the scenes
🔹The role of marketing, content, and social media in building product awareness
Hannah explains why standout products, strategic branding, and a focus on innovation are key to growing visibility and staying ahead in a competitive brokerage landscape.
🏆 Award Highlight: Most Innovative Broker of the Year 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #MostInnovativeBroker #TradingTechnology #FinTech #Brokerage #ExecutiveInterview #AXI
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
