The XRP Ledger (XRPL), Xahau, and Flare are potentially collaborating on a decentralized bridging project, which could improve communication within the industry. The collaboration would also allow $134 billion worth of XRP to earn yield on Flare and Axelar. The news has been praised by the XRP community. However, Ripple has faced criticism for its level of decentralization and accusations of lobbying against the Strategic Bitcoin Reserve and attacking Bitcoin mining. Ripple's CTO, David Schwartz, defended XRPL's consensus algorithm, stating it reduces possibilities of fraud. XRPL is also undergoing upgrades, with several amendments up for voting. At present, XRP is trading at $2.40, with whales accumulating over $520 million worth of XRP recently.



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