XRPL Validator Debunks Key Misconception About XRP Ledger Smart Contracts

XRPL Validator Debunks Key Misconception About XRP Ledger Smart Contracts

Source: UToday

Published:11:45 UTC

BTC Price:$86372

#XRP #XRPL #DeFi

Analysis

Price Impact

Med

The xrpl's unique smart contracts, now available on alphanet for testing, are designed to open up significant new use cases such as defi, cross-chain bridges, gaming, and governance. this expansion of utility could drive long-term demand and adoption.

Trustworthiness

High

The information comes from an xrpl validator (vet) and is reported by u.today, a reputable crypto news source, discussing a core technological advancement for the xrp ledger.

Price Direction

Bullish

The introduction of sophisticated smart contract capabilities, even if differentiated from other chains, fundamentally enhances the xrpl's programmability and potential for ecosystem growth, which is generally bullish for xrp's value proposition.

Time Effect

Long

While available on alphanet for developers, the full implementation, widespread adoption, and realization of the economic benefits from these new smart contract use cases on the mainnet will take considerable time to develop and mature.

Original Article:

Article Content:

Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Read U.TODAY on Google News XRP Ledger dUNL Validator Vet has addressed a common misconception about XRPL smart contracts. The idea of smart contracts, when brought up in the crypto space, has most people's minds on what is applicable to Ethereum or Solana. Advertisement In a tweet, Vet addresses this misconception, noting that XRP smart contracts are unique and differentiated, tailored to fit the XRP Ledger. He went on to state that XRP Ledger "smart contracts" do not imply being like those of Ethereum or Solana. XRP Smart Contracts are unique and differentiated. Tailored to fit the XRP Ledger. I flagged very early that the term XRP Ledger "smart contracts" does not imply being Ethereum or Solana. Access to Native features ✅ We have building blocks we want to leverage. Not replace.… pic.twitter.com/XcZrN1IW6d — Vet (@Vet_X0) November 23, 2025 Vet highlighted key features of XRP smart contracts, which differentiate it from other blockchains. First is access to native features, with XRP Ledger providing building blocks that would be used, not replaced. Second is integration into rippled (XRPL software), adding that XRP wants to "elevate" what is currently available for smart contracts. Advertisement XRP Ledger's considerations for smart contracts Vet highlighted RippleX's considerations for mainnet programmability to be permissionless by design, with no need for UNL approval for the network to execute user code; it meshes well with XRPL in both design and implementation; it has easy access to native features/primitives, allowing building on XRP Ledger building blocks; it is easy for new developers to learn; and it has minimal impact on existing XRPL users and use cases, especially regarding payments, performance and security, with minimal impact to node/validator costs. HOT Stories Morning Crypto Report: XRP and $1.69 Trillion Franklin Templeton, Coinbase Reveals Key Data for SHIB Holders, Bitcoin Prints 7,149% Liquidation Imbalance Ripple Executive Reacts to BlackRock’s First Abu Dhabi Board Meeting Strategy (MSTR) Having Second-Worst Month Since Buying Bitcoin Morning Crypto Report: Dogecoin and SHIB 'Santa Rally' Ready? XRP May Hit $5 Thanks to ETF Launch, Bitcoin Bulls Win Back $37 Million XRP smart contracts are not intended to be exactly the same as some existing design at the expense of what is best for the XRPL; replace XRPL’s existing building blocks with smart contracts or modify the consensus protocol that would pay validators. As reported , the XRP Ledger Smart Contracts feature is now available for developers to explore and test on AlphaNet, a dedicated development network. XRPL Smart Contracts mark a new shift for programmability on the ledger and will unlock new use cases, including cross-chain bridges, allowing for integration with new bridging protocols; deFi protocols, including derivatives, perpetuals and advanced trading systems; token utilities allowing staking rewards for issued tokens; governance systems in on-chain voting and proposal mechanisms; gaming being applicable in decentralized game logic and asset management and marketplace logic, allowing custom rules for NFT marketplaces. #XRPL #XRP News #XRP