Upcoming Launch of Significant Change in XRP Ledger: In-Depth Overview

In the world of digital currencies, exciting developments are on the horizon for Ripple's XRP. The XRP Ledger is set to activate the Credentials amendment in the coming hours, a move that promises to enhance the platform's compliance and transaction capabilities.

The Credentials amendment, a suite of tools for managing authorization and compliance requirements, will modify existing transaction types and add new ones to the XRP Ledger. This amendment, which has received 28 out of 35 votes (82.86%), will introduce three new transaction types: CredentialCreate, CredentialAccept, and CredentialDelete.

Credentials can be used to attest to a compliance requirement such as KYC and AML for a user/institution and issued to their Decentralized Identity. This addition is expected to streamline the process of verifying compliance, making transactions more efficient and secure.

The activation of the Credentials amendment is scheduled for Sept. 4, 2025, 3:51:21 a.m. UTC. However, no new facts were provided regarding the specific individual developer responsible for this amendment. It is known that RippleX engineers, like Mayukha Vadari, are involved in developing XRP Ledger proposals and optimizations, but there is no direct attribution for the Credentials amendment development.

Meanwhile, the price of XRP has shown signs of recovery after a six-day decline. The digital currency rebounded from a Sept. 1 low of $2.69, currently trading 1.61% higher in the last 24 hours, at $2.87. The immediate resistance for XRP is at the daily SMA 50, with levels at $3.09, $3.38, and $3.66.

If these resistance levels are cleared, XRP might aim for $4. Major support for XRP remains at the daily SMA 200, at $2.48 in the event of a drop. In the past week, three amendments (fixAMMv1_3, fixEnforceNFTokenTrustlineV2, and fixPayChanCancelAfter) were activated on the XRP Ledger mainnet.

Looking at the yearly performance, XRP's return surpasses that of both Bitcoin (88%) and Ethereum (73%). According to CoinGecko data, XRP has increased by 400% on a one-year basis. The intraday high for XRP recovery was $2.88 on Thursday.

As the Credentials amendment activates, the XRP Ledger continues to evolve, offering potential for increased efficiency, security, and compliance in digital transactions. Stay tuned for more updates on this exciting development.