XRP Ledger Amendments Opposed by XPMarket Founder

XRP Ledger has found itself at the center of a community debate as XPMarket founder Artur Kirjakulov strongly opposes two proposed amendments. The focus keyword here — XRP Ledger — highlights a critical conversation about its current and future use cases.

Kirjakulov recently voiced his disagreement regarding two major proposed changes to the XRPL — the Credentials and Permissioned Domains amendments. According to him, these adjustments cater to theoretical institutional scenarios that lack real-world demand at present. His technical team has chosen to cast their votes against the proposals, and they are urging fellow validators to follow suit.

The argument against the amendments is rooted in data. Kirjakulov highlighted that there were only three Digital Identity (DID) transactions on the XRP Ledger last month. This minimal activity underscores his belief that institutional use on XRPL remains extremely limited. Furthermore, he criticized the relevance of Ripple’s RLUSD stablecoin, claiming that it is “barely used.”

He continued by asserting that the XRP Ledger lacks substantial real-world asset integrations. In his view, the network’s current ecosystem offers little to no real utility for institutions, which fundamentally undercuts the purpose of the proposed changes.

Kirjakulov went even further, branding XRPL as a “gambling-focused chain,” citing the influx and dominance of meme coins. He observed that serious developers are becoming disinterested, largely due to constraints in the development infrastructure. Despite the growing popularity of meme tokens, the ecosystem is failing to attract builders committed to creating meaningful decentralized applications (dApps).

“Only four dApps on the XRP Ledger currently generate revenue,” he noted, emphasizing just how limited the current developer incentives are. Kirjakulov believes that until the network offers more advanced tools, it will struggle to attract attention from serious builders. These tools include features like batch transactions, more sophisticated trading functionality, and robust token escrow systems.

Instead of passing amendments that serve a speculative future, Kirjakulov insists the XRP Ledger should shift its priorities. He advocated for improvements that would empower active developers, not cater to institutions that have yet to arrive on the network. “As validators, we’re taking a stand,” he declared. “It’s time to make XRPL work for those who are building, not those who aren’t even here.”

With this bold stance, Kirjakulov has ignited a conversation about the future direction of XRP Ledger. The move also highlights broader concerns in the blockchain ecosystem around balancing potential future utility with current developer needs.

XRP Ledger remains one of the more established blockchain platforms, but its current focus and community direction are increasingly in question. The upcoming decisions by validators may significantly influence whether the ledger leans toward speculative, institutional readiness or becomes a more development-focused ecosystem.

This growing dissent from community leaders like Kirjakulov reinforces the idea that blockchain ecosystems should align their growth strategies with the demands of their current user base. While innovation is always vital, aligning it with actual usage trends may be the best path forward for networks like XRP Ledger.

Related: Expert Advice: Sell XRP If You’re Confused

As the community deliberates on these amendments, the conversation underscores one essential point — XRPL’s future must be built on practical tools that foster immediate utility, not hypothetical scenarios.