$XRP News: XRP Ledger Faces Network Halt, Recovery Explained
$XRP News: Ripple CTO Details 64-Minute XRP Ledger Disruption XRP Ledger went through a short operational stoppage that Ripple CTO David Schwartz described in a recent announcement. On February 4 the XRP Ledger (XRPL) encountered a brief operational stoppage that resulted in 64 minutes of network inactivity due to a validation problem which also ended up effecting Xrp price to drop. According to Ripple’s Chief Technology Officer David Schwartz the consensus mechanism functioned properly but validators failed to publish their validations thus causing the network to drift.$XRP News: XRP Ledger Network Disruption and RecoveryThe issue disrupted an estimated 88,000 transactions, as the XRPL typically processes around 2 million transactions daily. According to Schwartz, validator operators manually intervened to restore consensus, choosing a “sane starting point” to get the network back online. The network resumed operations at 10:58 AM UTC without any loss of assets.Schwartz described the incident as a "silent network failure," meaning validators refrained from sending validations to avoid accepting potentially flawed ledgers. While the root cause is still under investigation, the Ripple CTO hinted at a self-healing mechanism, suggesting that the network could have restored itself without significant external intervention.Self-Healing Mechanism and Ripple’s ResponseWhile Ripple continues investigating the root cause, Schwartz suggested that XRPL’s self-healing properties may have contributed to the network’s recovery. He noted that only one validator operator manually intervened, implying that the network could have rectified itself over time.This outage has reignited discussions about XRP’s network decentralization, with critics comparing XRPL to more distributed networks like Ethereum, which has over a million daily active validators. Some industry experts, including Pierre Rochard, Vice President at Riot Platforms, have called for a detailed post-mortem report to improve transparency.The issue also draws attention to XRPL’s past technical difficulties, including a node crash in November 2024 and full-history node failures in September 2024, both of which required emergency patches.XRP Price Movement Post-IncidentRecently we saw Ripple $XRP Price Drop to $2.37 as 1B Tokens Unlocked from Escrow and now, Following the network disruption Xrp ledger freeze, XRP price briefly dropped to $2.43 before recovering to $2.51. As of writing, XRP trades at $2.51, marking a 0.79% decline after the outage. The token’s market capitalization stands at $144.81 billion, down 0.80%, while its 24-hour trading volume has dropped by 48.10% to $10.65 billion. Despite the temporary setback, XRP remains significantly higher than its November lows, fueled by strong momentum post-U.S. election results.