The proposed lending protocol for the XRP Ledger has received 22 votes from 35 validators, up from 19 a month earlier, but still needs 29 votes for two consecutive weeks before activation. The XRP Ledger Testnet and Devnet will be reset on November 25 to address infrastructure problems and improve server stability, while the main network will remain unaffected. XRP fell 17% in seven days to $1.03, while the exchange-traded funds recorded net outflows of $10.42 million and $7.62 million on consecutive days. Meanwhile, whales accumulated more than 65 million XRP in four days, although retail sentiment has turned extremely pessimistic and selling pressure remains strong.
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