XRP price $1.39, lending function at 17 of 25 votes: how to verify the vote count yourself

The XRP price stands at $1.3937 on Sunday morning and has barely moved for the third day running. More interesting than the price this weekend is what is being voted on in the XRP Ledger: a clean-up update has reached the required majority of validators and arms itself automatically on Friday, October 23. The lending function, on which Ripple's business plan for 2027 hangs, by contrast still sits at 17 of the 25 votes needed.

Both figures come from the same source, namely the running amendment vote in ledger 107,580,127. You can look them up yourself without an account and without software, and that is exactly what this article sets out step by step further down.

XRP price at $1.39: three days without direction

Daily closing prices on the Kraken exchange were $1.3944 on October 9, $1.4010 on October 10 and most recently $1.3937 today, October 11. The high and low of the current day sit at $1.4104 and $1.3862, a spread of barely 1.8 percent. Over the average of the past 30 days, the daily range was 5.6 percent.

On a weekly view it looks different. Since the closing price of $1.5202 on October 4, XRP has lost 8.3 percent. The break came on October 7 and 8: from the October 6 close of $1.4970 the price fell to a daily low of $1.3177 on October 8, a drop of barely 12 percent in two days. Market capitalisation stands at around $88 billion according to CoinGecko, with trading turnover over the past 24 hours at about $708 million.

An amendment in the XRP Ledger: 25 of 32 votes and a two-week deadline

An amendment is a change to the rules of the XRP Ledger itself, comparable to a law that takes effect only once enough members of parliament approve it. Unlike a software update, it is not Ripple that decides when it applies but the validators, meaning those servers that confirm new blocks.

The procedure is hard-wired and runs without human involvement. If around 80 percent of the validators on the default list vote for a change, the ledger records the moment. If that majority holds for two weeks straight, the amendment switches itself active. Should support fall below the threshold even once during those two weeks, the clock starts over. The default list currently comprises 32 validators, which puts the threshold at 25 votes.

Two things follow from that for holders. You do not have to do anything, because your coins sit unchanged in the ledger. And you can read off the timetable of a function before a press release confirms it.

fixCleanup3_4_0 activates on October 23, two weeks after the majority

On October 9 the amendment with the unwieldy name fixCleanup3_4_0 reached the majority. The ledger has been running the clock since then, and 26 of 32 validators currently stand behind it. If the deadline runs through without a relapse, the change becomes active on the morning of October 23.

The name already says what it is about: tidying up. Fix amendments of this kind remove old code no longer needed since earlier versions and clear up small inconsistencies in the rulebook. For the price that has no consequences, but for placing the vote it is instructive. The validators decide on technical corrections in a matter of days. In the four days from October 8 to 9, three other amendments became active, among them PermissionDelegationV1_1 and BatchV1_1.

LendingProtocol at 17 votes: three more than on October 6

With the lending function it looks different. The LendingProtocol, which allows loans to be issued and collateralised directly through the ledger, sits at 17 of 32 validators. When we wrote about Ripple's lending plan and the lending amendment on October 6, it was 14 votes. So three have come in over five days, and eight are still missing.

Extrapolate that pace in a straight line and the missing eight votes would be together in a good 13 days, after which the two-week deadline would come on top. That is purely a projection, however, and not a forecast: validators often vote in bursts, for instance when a new server version appears or an operator changes its configuration.

SingleAssetVault at 19 votes: the building block lending hangs on

A second point is usually overlooked in the discussion around lending. Directly above it in the list sits SingleAssetVault at 19 votes. A vault in this context is a collective pot in the ledger into which several users pay the same asset and out of which a protocol passes it on.

That pot is exactly what the planned lending needs, because without it there is no place for the lent capital to sit. The corrected version LendingProtocolV1_1 also sits at 17 votes. Three votes therefore hang together, and the foremost of them is still six votes short of the threshold.

The vote count live: two sources with no account and no sign-up

You do not have to take anyone's word for this; you can fetch the figures yourself in a minute. Two routes lead there.

The first route is the explorer XRPScan. Its amendment page lists every change with three details: the number of approving validators, the threshold, and a note on whether the change is already active. To see how far the lending function has come, find the LendingProtocol row there and read the column with the votes.

The second route is the ledger itself, via a public node. A request using the feature method to an XRPL server returns every amendment with the fields enabled and supported; a request using ledger_entry with the amendments switch additionally delivers the Majorities entry. Where a change appears there with a timestamp, the two-week clock is running for it. That is exactly how October 23 came about in this article. Which names belong to which function is set out in the amendment overview in the XRPL documentation.

The difference from a price report is tangible. A vote count can be recounted and changes slowly; a price changes by the second. Holders of an XRP position who want to know whether the promised functions are drawing nearer have the more reliable guide in the vote count. If you are only looking to build a position in the first place, it pays to look at fees and custody beforehand, because those differ markedly between providers: our comparison of the best crypto exchanges sets that out for the European market.

From the October 8 slump to today: $1.4073 as the midpoint of the range

Back to the chart, and with levels that can be justified. The slump from October 6 to 8 led from $1.4970 to $1.3177. The midpoint of that stretch sits at $1.4073. The price has been stuck there for three days, currently barely one percent below it.

That midpoint is interesting because a market often runs back to it after a fast loss and then shows where it really wants to go. October 10 came just past it with a daily high of $1.4117, and today came close to it at $1.4104. On neither day did the price hold above that midpoint. Above it, the next justified level is the 50-day line at $1.4309, that is 2.6 percent above today's level.

Levels to the downside: $1.3177 and the 200-day line at $1.2797

To the downside the first level is the daily low of October 8 at $1.3177. Below that, at a clear distance, follows the 200-day line at $1.2797, calculated from the daily closing prices of the past 200 trading days. The current price sits 8.9 percent above it, so that buffer is there.

For context over a longer period: the monthly high was $1.5723 on September 22, the monthly low $1.2826 on September 15. Today's price sits almost exactly in the middle of that range.

Interest from lending and tax: a €256 exemption limit, one year holding period

Should the lending function actually go active, it pays to know the tax treatment beforehand, because it concerns two separate pots.

The first pot is the coins themselves. Under Section 23 of the German Income Tax Act, gains from the sale of privately held cryptocurrencies are tax-free where more than a year lies between purchase and sale. Within the year an exemption limit of €1,000 applies to all private disposals taken together. Whether lending extends the holding period to ten years was an open question for a long time. The Federal Ministry of Finance answered it in the negative with its letter of May 10, 2022, so the one-year period remains in place for lending and staking too.

The second pot is the interest. It counts as other income under Section 22 number 3 of the German Income Tax Act and is taxable at your personal rate as soon as it exceeds €256 in the year. That is an exemption limit, not an allowance: at €257 the full amount is taxable, not just one euro of it. Holders with several sources should note the inflows, because the total is what counts. A tax tool connected to the wallet takes that bookkeeping off your hands.

One point of context that is often missing: the European crypto regulation MiCA governs trading, custody and exchange by supervised service providers. Lending through a protocol does not fall under it. Anyone lending through such a protocol therefore has no investor protection under MiCA and carries the risk of the program code alone. Centralised providers are to be distinguished from that; depending on their structure they are subject to other rules. Which models exist and where the differences lie is shown in our comparison of crypto lending providers.

Our assessment: the vote currently weighs more heavily than the chart

In our editorial view, the vote count in the ledger is the more honest indicator for the coming weeks than the price action. The evidence sits above: three technical amendments became active in four days, and a fourth has a fixed date on October 23. The three building blocks of lending, by contrast, sit at 17, 17 and 19 of the 25 votes needed and have advanced by three votes in five days.

What follows for us: the ledger's technology is visibly moving on, while the business plan meant to turn it into revenue hangs on a vote that cannot be sped up. There is one serious argument against that. Votes in the XRP Ledger tip in bursts rather than linearly, and a single server update can switch several validators at once. The 13-day projection above is therefore a calculation and not a promise. No buy recommendation is meant in either direction: we assess the situation, the decision stays yours, and a total loss is possible at any time with cryptocurrencies.

XRP vote: until October 23 the counter decides, not the chart

Three things can be taken from today's situation, each with a figure behind it.

1. October 23 is fixed, the lending function is not. fixCleanup3_4_0 activates on that Friday with 26 votes behind it. LendingProtocol needs eight further votes for the same, and there is no deadline for it so far. Followers of XRP's further development have the earlier signal in the vote count than in any announcement.
2. The range between $1.3177 and $1.4309 is the frame. Between them, at $1.4073, sits the midpoint of October's slump, where the price has hung for three days. Only a daily close clearly above $1.4309 or below $1.3177 shifts the picture.
3. Interest above €256 a year is taxable, the coins after one year are not. Keeping those two pots separate saves work in the spring. Holders wanting to keep the coins in permanent self-custody need a device for it as well; our comparison of hardware wallets places the models.

(As of October 11, 2026. This article is not investment advice. Prices and fee structures change; check the terms with the provider before you buy.)