Ripple Nodes Fall Out of Sync as Network Gets Overwhelmed by Trust Line Transactions

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Following a recent network issue, it has become more pressing for Ripple to implement improvements on its “Trust Line” on the XRP Ledger (XRPL).

Yesterday, two XRP nodes operated by Ripple, “s1 and s2,” broke synchronization with the network. The break lasted for over five hours, with users of non-custodial wallets like Xuum and xrplcluster.com suffering the most downtime.

Although XRP easily facilitates 1500 transactions per second (tps), it does not account for Trust Line transactions on the network.

When users on the network receive payments in any cryptocurrency other than XRP, they need to secure a Trust Line to the originating account of the crypto asset. This protects users from token spam and allows them to choose their preferred assets without experiencing any issues on the XRP wallet or balance.

That said, the number of existing Trust Lines on the XRP Ledger has surpassed the developers’ projected maximum, which led to a synchronization disruption with the XRP Ledger’s public nodes. While developers have tried to scale up public nodes and clusters, they are still unfit for a higher volume of Trust Line transactions.

Meanwhile, transactions on applications using the s1 and s2 nodes are on hold or have gotten rerouted to other nodes like xrplcluster.com. At the same time, developers are working assiduously to increase the public node capacity and rectify the issue.

Key Ripple Levels to Watch — December 1

Ripple has gained some bullish traction over the past few days as the Omicron-induced massive sell-off wanes. The seventh-largest cryptocurrency resurfaced above the $1 yesterday, converting the 4-hour 50 SMA into a support line.

That said, XRP now aims for the $1.0500 pivot line followed by the $1.1000 pivot top. I expect to see a bullish continuation over the coming hours into the pivot zone as on-chain metrics propose a healthy comeback for the broader crypto market in the near term.

Meanwhile, my resistance levels are $1.0500, $1.1000, and 1.1500, and my support levels are $1.0000, $0.9500, and $0.9275.

Total Market Capitalization: $2.65 trillion

Ripple Market Capitalization: $47.6 billion

Ripple Dominance: 1.79%

Market Rank: #7

 

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