XRPL Lending Protocol Enters Final Voting Stage as XRP Targets $1.20 in July

• XRPL Lending Protocol has entered validator voting ahead of a potential mainnet launch
• Ripple says the framework brings institutional lending to the XRP Ledger without relying on smart contracts
• XRP remains around $1 as July forecasts point to a possible move toward $1.20

Ripple’s XRPL Lending Protocol has reached one of its biggest milestones yet, but the market barely reacted. While XRP price hovered around $1.03 on Monday, RippleX quietly confirmed that its proposed native lending framework has entered validator voting. This is pushing the XRP Ledger a step closer to supporting institutional-grade credit. The outcome could shape how tokenized assets are financed on XRPL. This comes as traders keep one eye on where XRP might head in July.

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XRPL Lending Protocol Enters Validator Voting

RippleX says the XRP Ledger has already proven it can issue, move, and trade digital assets. The next challenge is making those assets useful as collateral.

The proposed XRPL Lending Protocol, built around the XLS-65 and XLS-66 amendments, introduces a native credit layer that allows institutions to originate fixed-term loans directly on the XRP Ledger. This is without relying on external smart contracts. According to RippleX, the design keeps credit decisions such as underwriting, compliance, and legal reviews off-chain. This is carried out while placing repayments, interest calculations, and default execution on-chain.

This distinction is aimed squarely at banks, payment firms and institutional lenders that need regulatory oversight without giving up blockchain automation. The framework also separates liquidity management from lending itself. Single Asset Vaults (XLS-65) pool capital, while the lending protocol (XLS-66) distributes that liquidity through fixed-term loans. Before the amendments can go live, they must secure support from at least 80% of trusted validators for two consecutive weeks under XRPL’s amendment process.

The XRPL Lending Protocol has already undergone formal verification with security firm Common Prefix and a separate audit by Halborn. It found no critical or high-risk vulnerabilities. RippleX has also launched a $200,000 Immunefi bug bounty program ahead of a potential mainnet rollout.

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XRP Price Prediction for July 2026

Despite these notable updates, XRP’s price has remained on the down low. XRP traded around $1.03 at the time of writing, down roughly 1.4% over the past 24 hours.

Meanwhile, technical forecasts remain cautiously optimistic. CoinCodex projects XRP price prediction for July could see the token trade between $1.03 and $1.20. This shows a potential gain of nearly 16% if bullish momentum returns.

But currently, traders seem to be waiting for confirmation on both fronts. Validator approval could bring in a new utility layer for the XRPL Lending Protocol, while macro market conditions continue to impact short-term price action.

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