According to industry insiders, Ripple is actively advancing multiple acquisition plans, taking advantage of the current lack of interest from traditional financial institutions in acquisitions within the encryption field to carry out a series of strategic acquisitions. The company's Chief Technology Officer, David Schwartz, stated that the technical team is upgrading the XRP Ledger blockchain system to enhance its "Programmability" and introduce lending protocol functionalities.

Nevertheless, Schwartz emphasized that the specialization of the XRP Ledger in the payment sector remains a key feature that distinguishes it from general-purpose Blockchains like Ethereum. This move demonstrates Ripple's commitment to maintaining its core advantages while actively exploring new business directions.

Earlier this year, Ripple completed several significant acquisitions. In April, the company acquired the brokerage firm Hidden Road for $1.25 billion. Prior to this, Ripple also acquired the custody firms Metaco and Standard Custody for $250 million each. These acquisition moves not only expanded Ripple's business scope but also strengthened the company's position in the encryption financial services sector.

With the upgrades to the XRP Ledger and the introduction of new features, Ripple seems to be paving the way for future development. These initiatives by the company could have a profound impact on the cryptocurrency ecosystem, especially in the areas of payments and lending. The industry will closely monitor Ripple's subsequent moves and how these changes will affect XRP's market position and the development trends of the entire cryptocurrency industry.