Jaringannya Bakal Punya Fitur Kontrak Pintar

Jaringannya Bakal Punya Fitur Kontrak Pintar Harga XRP Siap ke Jalur Bullish?

Jaringannya Bakal Punya Fitur Kontrak Pintar Harga XRP Siap ke Jalur Bullish? The XRP community’s enthusiasm for integrating smart contract capabilities into the XRP Ledger (XRPL) via hooks represents an important step towards improving the ledger’s functionality and expanding its use cases.

This initiative has the potential to revolutionize the way developers and businesses interact with XRPL, giving them more tools to create decentralized applications and services (dApps).
XRPL will have smart contracts.

The hooks, as proposed by its validator, are designed to introduce native smart contract functionality into XRPL, which executes transactions and contracts based on predefined terms.

Jaringannya Bakal Punya Fitur Kontrak Pintar Harga XRP Siap ke Jalur Bullish?
Jaringannya Bakal Punya Fitur Kontrak Pintar Harga XRP Siap ke Jalur Bullish?

Coin Edition reports.

This development has received a lot of attention from the XRP community, as evidenced by a recent survey commissioned by XRPL validator Vet.

The purpose of the survey was to understand the community’s attitude towards adding hooks to XRPL, with a large majority voting in favor of the innovation.

The positive response from the community underlines the growing demand for smart contract capabilities in the XRPL ecosystem.

Richard Holland, lead architect behind Hooks and CTO of XRPL Labs, has indicated that reaching the milestone of 10,000 votes for Hooks will trigger efforts to integrate this functionality into the mainnet.

Achieving this important community milestone has led Holland to seek technical and financial support from Ripple to help move the hooks of the XRPL mainnet from concept to reality.

Hooks’ ability to transform XRPL not only expands its capabilities, but also opens new avenues for collaboration and innovation.

For example, Flare Networks co-founder Hugo Philion has expressed interest in providing decentralized data for dApps built with Hooks. This collaboration can enable the creation of more sophisticated and versatile applications, further enriching the XRPL ecosystem.

Despite the enthusiasm, there are concerns within the community regarding the implications of introducing Hooks to XRPL. Some members worry that enthusiasm for bait can mask a comprehensive understanding of its potential risks.

However, Vet Certifying XRPL maintains that the need for deep technical understanding should not prevent the community from voting on such developments, highlighting the importance of democratic decision-making in the development of XRPL.

Jaringannya Bakal Punya Fitur Kontrak Pintar Harga XRP Siap ke Jalur Bullish?
Jaringannya Bakal Punya Fitur Kontrak Pintar Harga XRP Siap ke Jalur Bullish?

XRP Technical Analysis

The discussion about Hicks and his integration into XRPL comes at a time when the price of XRP is experiencing volatility. The cryptocurrency price encountered resistance at the 20-day EMA, showing bearish sentiment among traders who rushed to sell during the rally.

This situation reflects the broader challenges facing the XRP market, where price movements are affected by a variety of factors, including regulatory developments and general market sentiment.

Cointelegraph reports that if the XRP price falls from its current position, the bears may try to push down and hold below the key support at $0.50.

Breaking this range could lead the XRP/USDT pair to test the support at $0.46, a level that buyers are expected to fight hard for.

Conversely, a break above the 20-day EMA may indicate a change in market sentiment, which could lead to a rally towards the downtrend line and if broken, $0.67 could set up the stage for new profits.

Jaringannya Bakal Punya Fitur Kontrak Pintar Harga XRP Siap ke Jalur Bullish?
Jaringannya Bakal Punya Fitur Kontrak Pintar Harga XRP Siap ke Jalur Bullish?

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