Core Insights - Ripple has announced a development roadmap for the XRP Ledger (XRPL), which includes significant upgrades aimed at making it more appealing for financial institutions to manage and deploy capital [1] Group 1: Upgrades to XRPL - The XRPL will introduce permissioned decentralized exchanges (DEXs) to address regulatory compliance issues faced by institutional investors, allowing trading within a controlled environment where participant identities are verifiable [4] - The new DEX capabilities will enable tokenized asset holders to trade while ensuring compliance, which is expected to increase demand for XRP as it will be required for transaction fees [5] Group 2: Native Lending Features - XRPL is set to launch protocol-level lending features designed for institutional use, which will fill a gap in the ecosystem by providing XRP holders with opportunities to earn on-chain yield [6][7] - The introduction of lending features is anticipated to attract more capital to the XRPL, further enhancing the value of XRP [7]