XRP price rose more than 17% to an intraday high of $1.43 as Ripple voted in favor of the PermissionDelegationV1_1 amendment, advancing a key part of XRP Ledger (XRPL) version 3.3.0. The feature still needs broad validator approval before it can be activated on the network.

According to recent voting data, seven out of 35 validators in the Unique Node List have voted in favor of the amendment. Ripple has made its contribution with a vote, but it does not have any control over the success of the amendment. XRPL requires support from more than 80% of validators for two consecutive weeks before an amendment is activated.

🚨 @Ripple votes in favor of the major Permission Delegation amendment The proposal introduces an authorization delegation mechanism to enhance the flexibility and usability of XRPL accounts. This allows delegated accounts to manage only permitted tasks, similar to role-based… pic.twitter.com/Zgmdaq1H5S — Rednirav (@CryptoRednirav) August 21, 2026

What Does Ripple's Vote Mean for the XRPL Amendment?

In a list of 35 validators, 29 votes are needed to surpass the required number. If support falls below 80%, the waiting period starts again. Validators are also free to change their decisions before the amendment is activated. The vote carries no fixed deadline, so activation timing depends entirely on how quickly support accumulates and holds above the threshold.

The PermissionDelegationV1_1 amendment would give account owners the ability to authorize another account for specified types of transactions. The account owner retains full control over the signing process, and the authorization will not be applicable for other payments or account settings.

Financial organizations already use similar role-based systems to limit data access for employees and service providers. Under this approach, a specific function can be granted to a specific account without providing any additional rights. Comparable scoped-permission patterns have spread across crypto as well, with smart-contract wallets on other networks offering limited or time-restricted keys instead of full key control. XRPL, which does not support general-purpose smart contracts on its main ledger, delivers this kind of functionality directly through native protocol amendments.

According to RippleX head of product Jazzi Cooper, regulated organizations require appropriate controls for putting tokenized value onto a public ledger. She stated that token issuance is a requirement for on-chain usage.

The new amendment follows the XLS-75 standard. It replaces the previous amendment, which was disabled on version 2.6.1 because of the discovery of a serious bug. The new amendment retains limited authority to fix this bug.

XRPL version 3.3.0 was released in August. It also contains the BatchV1_1, ConfidentialTransfer, DynamicMPT, Sponsor, and fixCleanup3_3_0 amendments. These amendments include grouped transactions, confidential token values, dynamic token parameters, sponsored costs, and protocol fixes. Node operators should run software that supports approved amendments; older nodes become amendment blocked when facing unknown protocol rules.

Where Do Related XRPL Proposals Stand?

Ripple also supports the amendment proposals for Single Asset Vault and Lending Protocol. The latest updates show the support level at around 40% and more than 37%, respectively. However, both fail to meet the supermajority threshold.

🚨BREAKING: RIPPLE VOTES TO ADVANCE SINGLE ASSET VAULT (XLS-65) AND LENDING PROTOCOL (XLS-66) Ripple voted in favor of Single Asset Vault (XLS-65) and Lending Protocol (XLS-66) amendments, moving them closer to enabling on the XRP Ledger. Meanwhile, 39% of validators have now… pic.twitter.com/nKGaagryP2 — Rednirav (@CryptoRednirav) August 10, 2026

Under the proposed vault mechanism, a vault would aggregate one asset, which can include XRP, RLUSD, or any other ledger asset. Shareholders would hold shares in accordance with their proportionate ownership. The lending mechanism would introduce fixed-term issuance and servicing, leveraging pooled liquidity and off-chain credit assessments.

A re-audit by Halborn in June did not reveal any major or high-severity vulnerabilities in the code. Approval by validators will simply activate the functionality on XRPL. It will not impact any US regulatory requirement for XRP, RLUSD, securities, or lending products.

What Is Driving XRP Market Activity?

XRP rallied by about 40% within seven days after the lowest point of $1.22 recorded in the recent session. Spot trading volume grew 156%, with the advance attributed to a rise in cryptocurrency prices and short-covering.

The net amount flowing into US spot XRP ETFs was $13.24 million on Thursday. Bitwise gathered $9.9 million, while Franklin Templeton collected $3.34 million.

However, futures open interest rose to $3.44 billion, growing by more than 17% over 24 hours. CME open interest grew above 35%, Binance gained 15%, and Hyperliquid rose 29%. ETF flow data and derivatives open interest are among the most closely watched measures for separating spot demand from leveraged positioning, which is why both are tracked closely during moves of this size.

For now, the running validator tally on the public amendments page, the two-week activation clock, and follow-up flow data remain the main checkpoints for developers and market observers alike.

This article contains market analysis and price data. These are not guarantees. Crypto markets are volatile; this is not financial advice.